diff --git a/README.md b/README.md
index c5f6fe1..e6e5bbe 100644
--- a/README.md
+++ b/README.md
@@ -47,7 +47,7 @@ client.fetchLive(base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 - `currencies` <[List]<[string]>> Optional. Pass in an list of currencies to return values for.
 
 ```python
-client.fetchHistorical(date='2021-04-05', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+client.fetchHistorical(date='2024-02-05', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 ```
 
 [Link](https://metalpriceapi.com/documentation#api_historical)
@@ -61,7 +61,7 @@ client.fetchHistorical(date='2021-04-05', base='USD', currencies=['XAU', 'XAG',
 - `date` <[string]> Optional. Specify date to use historical midpoint value for conversion with format `YYYY-MM-DD`. Otherwise, it will use live exchange rate date if value not passed in.
 
 ```python
-client.convert(from_currency='USD', to_currency='EUR', amount=100, date='2021-04-05')
+client.convert(from_currency='USD', to_currency='EUR', amount=100, date='2024-02-05')
 ```
 
 [Link](https://metalpriceapi.com/documentation#api_convert)
@@ -75,7 +75,7 @@ client.convert(from_currency='USD', to_currency='EUR', amount=100, date='2021-04
 - `currencies` <[List]<[string]>> Optional. Pass in an list of currencies to return values for.
 
 ```python
-client.timeframe(start_date='2021-04-05', end_date='2021-04-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+client.timeframe(start_date='2024-02-05', end_date='2024-02-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 ```
 
 [Link](https://metalpriceapi.com/documentation#api_timeframe)
@@ -89,11 +89,23 @@ client.timeframe(start_date='2021-04-05', end_date='2021-04-06', base='USD', cur
 - `currencies` <[List]<[string]>> Optional. Pass in an list of currencies to return values for.
 
 ```python
-client.change(start_date='2021-04-05', end_date='2021-04-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+client.change(start_date='2024-02-05', end_date='2024-02-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 ```
 
 [Link](https://metalpriceapi.com/documentation#api_change)
 
+---
+#### carat(base, date)
+
+- `base` <[string]> Optional. Pass in a base currency, defaults to USD.
+- `date` <[string]> Optional. Specify date to get Carat for specific date using format `YYYY-MM-DD`. If not specified, uses live rates.
+
+```python
+client.carat(base='USD', date='2024-02-05')
+```
+
+[Link](https://metalpriceapi.com/documentation#api_carat)
+
 ---
 **[Official documentation](https://metalpriceapi.com/documentation)**
 
diff --git a/example.py b/example.py
index 44b066b..3007a61 100644
--- a/example.py
+++ b/example.py
@@ -9,14 +9,17 @@
 result = client.fetchLive(base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 print(result)
 
-result = client.fetchHistorical(date='2021-04-05', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+result = client.fetchHistorical(date='2024-02-05', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 print(result)
 
-result = client.convert(from_currency='USD', to_currency='EUR', amount=100, date='2021-04-05')
+result = client.convert(from_currency='USD', to_currency='EUR', amount=100, date='2024-02-05')
 print(result)
 
-result = client.timeframe(start_date='2021-04-05', end_date='2021-04-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+result = client.timeframe(start_date='2024-02-05', end_date='2024-02-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
 print(result)
 
-result = client.change(start_date='2021-04-05', end_date='2021-04-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+result = client.change(start_date='2024-02-05', end_date='2024-02-06', base='USD', currencies=['XAU', 'XAG', 'XPD', 'XPT'])
+print(result)
+
+result = client.carat(base='USD', date='2024-02-06')
 print(result)
diff --git a/metalpriceapi/client.py b/metalpriceapi/client.py
index d90c8ef..96a44be 100644
--- a/metalpriceapi/client.py
+++ b/metalpriceapi/client.py
@@ -59,3 +59,11 @@ def change(self, start_date, end_date, base='', currencies=[]):
         })
         response = self.client.get(f'{self.base_url}/change', params=params)
         return response.json()
+
+    def carat(self, base='', date = ''):
+        params = self._removeEmpty({
+            'base': base,
+            'date': date,
+        })
+        response = self.client.get(f'{self.base_url}/carat', params=params)
+        return response.json()
diff --git a/requirements.txt b/requirements.txt
index 28fbc91..37912b8 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -1 +1 @@
-requests>=2.9.1
+requests>=2.31.0
\ No newline at end of file
diff --git a/setup.py b/setup.py
index a6faad0..bae223a 100644
--- a/setup.py
+++ b/setup.py
@@ -2,7 +2,7 @@
 
 setuptools.setup(
     name="metalpriceapi",
-    version="1.0.3",
+    version="1.0.4",
     url="https://github.com/metalpriceapi/metalpriceapi-python",
 
     author="MetalpriceAPI",
@@ -14,6 +14,6 @@
 
     packages=setuptools.find_packages(),
 
-    install_requires=['requests>=2.9.1'],
+    install_requires=['requests>=2.31.0'],
     keywords=['currency', 'metal price', 'exchangerate', 'rates'],
 )