Access Madurai Gold 24k (MADU-24k) price data through this API

Access Madurai Gold 24k (MADU-24k) Price Data Through This API

In the ever-evolving landscape of precious metals trading, having access to accurate and real-time data is crucial for developers and traders alike. The Metals-API provides a powerful solution for accessing gold price data, including the Madurai Gold 24k (MADU-24k). This blog post will delve into the intricacies of the Metals-API, its capabilities, and how it can transform the way developers interact with precious metals data.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As digital transformation sweeps across various sectors, the precious metals market is no exception. The integration of data analytics and market insights into trading platforms has revolutionized how traders make decisions. With the advent of technology, price discovery has become more innovative, allowing for real-time updates and analytics that were previously unavailable.

The Metals-API stands at the forefront of this digital transformation, offering developers the tools they need to build next-generation applications that can leverage real-time metals data. By utilizing this API, developers can create solutions that not only track gold prices but also analyze trends, fluctuations, and historical data to make informed trading decisions.

API Description

The Metals-API is a comprehensive solution for accessing real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API empowers developers to build applications that can provide insights into market trends, price fluctuations, and historical performance. With its robust capabilities, the Metals-API allows for seamless integration into existing systems, enabling businesses to harness the power of real-time data.

For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. 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 the most current pricing information to make timely decisions.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies transactions and helps traders understand the value of their holdings in different currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing trends over specific periods.
Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis. This endpoint is crucial for understanding market volatility.
Carat Endpoint: Get information about gold rates by carat, allowing for precise calculations in jewelry and investment scenarios.
Lowest/Highest Price Endpoint: Query the API to find the lowest and highest prices for a specified date, helping traders identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, which is essential 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 required for authentication, ensuring secure access to the API's features.
API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
Supported Symbols Endpoint: This endpoint returns all available currencies and metals, keeping you updated on the latest symbols.
Gold Price India Endpoint: Retrieve the latest gold price in India, catering to a specific regional market.
News Endpoint: Access the latest news articles related to various metals, keeping you informed about market developments.

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.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1747814415,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1747728015,
    "base": "USD",
    "date": "2025-05-20",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-14",
    "end_date": "2025-05-21",
    "base": "USD",
    "rates": {
        "2025-05-14": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-16": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-21": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747814415,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-14",
    "end_date": "2025-05-21",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1747814415,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1747814415,
    "base": "USD",
    "date": "2025-05-21",
    "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"
}

Conclusion

The Metals-API is a transformative tool for developers looking to access real-time and historical data on precious metals, including Madurai Gold 24k (MADU-24k). With its extensive range of endpoints and capabilities, this API not only simplifies the process of retrieving data but also empowers developers to create innovative applications that can analyze and visualize market trends.

By leveraging the power of the Metals-API, developers can enhance their trading platforms, provide valuable insights to users, and ultimately drive better decision-making in the precious metals market. For further exploration of the API's features, refer to the Metals-API Documentation and stay updated with the latest developments in the field.

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Documentation

API Endpoints

Knowledge Base

Access Madurai Gold 24k (MADU-24k) price data through this API