Implement Ludhiana Gold 24k (LUDH-24k) Historical Prices retrieval using this API

Introduction

Gold, represented by the symbol XAU, has long been a cornerstone of financial markets and a symbol of wealth and stability. In today's digital age, the ability to access and analyze historical prices of gold is crucial for investors, traders, and financial analysts. The Metals-API provides a powerful solution for retrieving historical prices of gold and other precious metals, enabling developers to create sophisticated applications that leverage real-time and historical data. This blog post will explore the capabilities of the Metals-API, focusing on how to implement the retrieval of Ludhiana Gold 24k (LUDH-24k) historical prices using this innovative API.

About Gold (XAU)

Gold has undergone a digital transformation in recent years, with technology playing a pivotal role in how it is traded and valued. The integration of data analytics and market insights has empowered traders to make informed decisions based on real-time data. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to innovate in price discovery and trading.

With the rise of digital asset solutions, gold is no longer just a physical commodity; it has become a digital asset that can be traded and analyzed through advanced technological platforms. The Metals-API provides a comprehensive suite of endpoints that allow users to access a wealth of information about gold prices, including historical data, real-time rates, and fluctuations.

API Description

The Metals-API is a robust platform designed to provide real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that can analyze market trends, track price movements, and provide insights into the precious metals market.

With the Metals-API, developers can access a wide range of functionalities, including:

• Real-time exchange rates
• Historical price data dating back to 2019
• Bid and ask prices for precise trading strategies
• Currency conversion capabilities
• Time-series data for in-depth analysis
• Fluctuation tracking to monitor price changes
• Carat-specific gold pricing
• Open, high, low, and close (OHLC) price data
• Access to the lowest and highest prices over specified periods

For detailed information on how to utilize these features, refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs in the financial sector. Below, we will explore some of the key features and their potential applications.

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for various metals, updated according to your subscription plan. This endpoint is essential for traders who need to make quick decisions based on the most current market data.

{
"success": true,
"timestamp": 1780705011,
"base": "USD",
"date": "2026-06-06",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}

In this response, the "rates" object contains the current exchange rates for various metals, allowing developers to integrate this data into their applications seamlessly.

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This feature is particularly useful for analysts looking to study trends over time.

{
"success": true,
"timestamp": 1780618611,
"base": "USD",
"date": "2026-06-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

By querying this endpoint with a specific date, developers can retrieve historical data that can be used for back-testing trading strategies or conducting market analysis.

Bid And Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals, which is crucial for traders who need to understand market dynamics and make informed trading decisions.

{
"success": true,
"timestamp": 1780705011,
"base": "USD",
"date": "2026-06-06",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

This endpoint's response includes the bid and ask prices, as well as the spread, which is vital for traders looking to optimize their entry and exit points.

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 deal with multiple currencies and need to quickly assess value.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1780705011,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

The response provides the conversion rate and the result, allowing developers to easily implement currency conversion features in their applications.

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2026-05-30",
"end_date": "2026-06-06",
"base": "USD",
"rates": {
"2026-05-30": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-06-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-06-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This endpoint allows for a detailed analysis of price movements over time, which is essential for making informed trading decisions.

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This is crucial for understanding market volatility and making strategic decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-05-30",
"end_date": "2026-06-06",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}

This endpoint's response includes the start and end rates, as well as the percentage change, providing valuable insights into market trends.

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

The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and trading strategies.

{
"success": true,
"timestamp": 1780705011,
"base": "USD",
"date": "2026-06-06",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}

This endpoint provides critical data for traders looking to analyze market performance and make informed decisions based on historical price movements.

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specified date. This feature is useful for identifying price extremes and market trends.

{
"success": true,
"timestamp": 1780705011,
"base": "USD",
"date": "2026-06-06",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"unit": "per troy ounce"
}

By utilizing this endpoint, developers can easily track price extremes and incorporate this data into their trading strategies.

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This feature is particularly useful for those involved in trading metals on the London Metal Exchange.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols.

Conclusion

The Metals-API is a powerful tool for developers looking to access and analyze historical prices of gold and other precious metals. By leveraging the various endpoints offered by the API, developers can create sophisticated applications that provide real-time data, historical insights, and advanced analytics.

With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and Bid and Ask Endpoint, the Metals-API empowers users to make informed trading decisions based on accurate and timely data. As the market for precious metals continues to evolve, the integration of technology and data analytics will play a crucial role in shaping the future of trading.

For more information on how to implement these features and access the full capabilities of the Metals-API, visit the Metals-API Documentation and explore the potential of this innovative platform.