Access Madurai Gold 22k (MADU-22k) market prices using this API

Access Madurai Gold 22k (MADU-22k) Market Prices Using This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time market data is crucial for developers and traders alike. The Metals-API provides a robust solution for accessing the latest market prices, including those for Madurai Gold 22k (MADU-22k). This blog post will delve into the capabilities of the Metals-API, focusing on how it empowers developers to integrate real-time data into their applications, enhancing decision-making processes and trading strategies.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As digital transformation sweeps through various sectors, the precious metals market is no exception. The integration of technology in trading has revolutionized how investors access and analyze market data. With the rise of data analytics, traders can now gain insights into market trends, price movements, and fluctuations with unprecedented accuracy.

The digital asset solutions provided by APIs like Metals-API allow developers to create applications that not only track gold prices but also analyze historical data, enabling informed trading decisions. The innovation in price discovery through real-time data feeds ensures that traders can react swiftly to market changes, optimizing their investment strategies.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API offers a wide range of functionalities that facilitate the development of next-generation applications. By leveraging the capabilities of the Metals-API, developers can create solutions that provide users with timely and accurate market insights.

For more detailed information, you can visit the Metals-API Documentation, which outlines the various endpoints and their functionalities. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of all available metal symbols, including XAU for gold.

Key Features and Endpoints

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

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders who need to stay updated on the latest market prices.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past exchange rates, allowing for comprehensive market analysis.
Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for metals, providing critical information for making trading decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing trends over specific periods.
Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
Carat Endpoint: This endpoint provides information about gold rates by carat, which is essential for jewelers and traders dealing in different purities of gold.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to get the open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
API Key: Your unique API key is essential for accessing the API and must be included in your requests.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: With 14 different API endpoints, the Metals-API offers a wide range of functionalities tailored to various user needs.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of responses from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1763337667,
    "base": "USD",
    "date": "2025-11-17",
    "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"
}

This response indicates the current exchange rates for various metals, with XAU representing the price of gold per troy ounce.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1763251267,
    "base": "USD",
    "date": "2025-11-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to access historical rates for a specific date, allowing traders to analyze past performance.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "base": "USD",
    "rates": {
        "2025-11-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates for a specified period, allowing for trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1763337667,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or currencies, providing flexibility in trading.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "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 tracks fluctuations in metal prices, providing insights into market volatility.

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

{
    "success": true,
    "timestamp": 1763337667,
    "base": "USD",
    "date": "2025-11-17",
    "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"
}

The OHLC endpoint provides critical data for technical analysis, allowing traders to assess market trends effectively.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1763337667,
    "base": "USD",
    "date": "2025-11-17",
    "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 provides current bid and ask prices, essential for traders looking to make informed decisions.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time and historical data, it enables users to make informed decisions based on accurate market insights. The various endpoints, including the Latest Rates, Historical Rates, and Bid/Ask features, offer comprehensive functionalities that cater to diverse trading needs.

As the market continues to evolve, the integration of technology and data analytics will play a pivotal role in shaping trading strategies. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance user experiences and drive better trading outcomes.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available. Embrace the future of precious metals trading with real-time data at your fingertips.

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Access Madurai Gold 22k (MADU-22k) market prices using this API