Collect Timely Coimbatore Gold 24k (COIM-24k) Historical Prices through this API

Introduction

In the ever-evolving landscape of financial markets, the demand for accurate and timely data has never been more critical, particularly in the realm of precious metals like Gold (XAU). The ability to collect historical prices for Gold, such as the Coimbatore Gold 24k (COIM-24k), is essential for traders, analysts, and developers alike. This blog post will delve into how the Metals-API can be utilized to access historical prices and provide insights into the gold market, while also exploring the broader implications of digital transformation in precious metals trading.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, a hedge against inflation, and a store of value. With the rise of digital transformation, the way we trade and analyze gold has undergone significant changes. The integration of technology in trading has led to innovative approaches in price discovery, allowing for more accurate and real-time insights into market trends.

Data analytics plays a crucial role in understanding market dynamics. By leveraging advanced analytics, traders can gain insights into price movements, identify patterns, and make informed decisions. The Metals-API provides a robust platform for accessing real-time and historical data, enabling developers to build applications that can analyze market trends and provide actionable insights.

Moreover, the emergence of digital asset solutions has transformed how investors interact with precious metals. With the Metals-API, developers can create applications that facilitate seamless transactions, currency conversions, and real-time price tracking, thereby enhancing the overall trading experience.

API Description

The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metals data. This API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies with ease. With a focus on innovation and technological advancement, the Metals-API is transforming how we interact with precious metals.

For more detailed information, you can refer to the Metals-API Documentation, which outlines the various features and capabilities of the API.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for various metals, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently. This endpoint is essential for traders who need to stay informed about the latest market conditions.

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing market trends over time. The Historical Rates Endpoint allows users to query historical rates dating back to 2019 by appending a specific date in the format YYYY-MM-DD. This feature is particularly useful for backtesting trading strategies and understanding long-term price movements.

{
"success": true,
"timestamp": 1782691926,
"base": "USD",
"date": "2026-06-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for various metals. This information is vital for traders looking to make informed decisions based on current market conditions.

{
"success": true,
"timestamp": 1782778326,
"base": "USD",
"date": "2026-06-30",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1782778326,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for traders looking to analyze price trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2026-06-23",
"end_date": "2026-06-30",
"base": "USD",
"rates": {
"2026-06-23": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-06-25": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-06-30": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for traders who want to understand market volatility and make informed trading decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-06-23",
"end_date": "2026-06-30",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and helps traders identify potential entry and exit points.

{
"success": true,
"timestamp": 1782778326,
"base": "USD",
"date": "2026-06-30",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specific date. This feature is particularly useful for traders looking to identify price extremes and potential reversal points.

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is essential for traders who want to analyze historical data for metals traded on the London Metal Exchange.

API Key and Response

Your API Key is a unique identifier that must be included in the API requests to authenticate your access. The API responses are delivered in JSON format, with exchange rates typically relative to USD. Understanding the structure of the API response is crucial for effective data handling and analysis.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

In conclusion, the Metals-API offers a powerful solution for accessing real-time and historical data for precious metals like Gold (XAU). By leveraging the various endpoints available, developers can create innovative applications that provide valuable insights into market trends and price movements. The ability to collect historical prices for Coimbatore Gold 24k (COIM-24k) is just one of the many applications of this versatile API.

As the financial landscape continues to evolve, the integration of technology in trading will only become more pronounced. By utilizing the Metals-API, traders and developers can stay ahead of the curve, harnessing the power of data analytics and real-time insights to make informed decisions.

For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and start building your applications today!