Market data · deployment planning

Precious Metals Market Data

A metals catalogue should preserve the metal, quotation unit, currency and product type for every series.

Comparable instruments

Gold, silver and other metals can have different precision and source coverage. Distinguish spot references, futures and broker CFDs; converting units or currencies requires a documented calculation and its own timestamped inputs.

Coverage planning

Confirm the actual instrument list with the selected sources. Build acceptance samples per metal and session rather than assuming gold integration validates the whole catalogue; make unsupported combinations explicit in the API response or platform mapping.

Requirements to confirm

  • Metal and product catalogue
  • Unit and currency conventions
  • Per-metal precision
  • Unsupported instrument behavior

Bring the proposed instrument list, source documentation and consumer workflow to a technical discussion. The agreed integration specification defines coverage, fields, usage permissions and acceptance tests.

Integration brief

Precious Metals Market Data: what to agree before connecting

Instrument scopeIdentify the exact underlying, source identifier, quote currency and intended use.
Consumer workflowList trading platforms, charts, risk tools and applications that need the output.
Delivery contractAgree protocol, quote fields, timestamps, source status and recovery behaviour.
Production reviewConfirm source rights, integration ownership, test evidence and commercial scope.

Begin with a consumer and instrument inventory

For precious metals, define who consumes the prices and what each system needs to reconstruct a usable quote. An application dashboard, broker platform and historical process can require different delivery rules even when they share one normalized instrument model.

What to test

  • Compare instrument definitions before combining or substituting sources.
  • Exercise disconnects and confirm the status presented to each consumer.
  • Review results with the source, adapter and consuming application owners.

Related metals workflows

Compare metal products, quotation units and delivery requirements.

Find your market-data solution