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Access Malappuram Gold 24k (MALA-24k) prices using this API

Access Malappuram Gold 24k (MALA-24k) prices using this API

Access Malappuram Gold 24k (MALA-24k) prices using this API

Access Malappuram Gold 24k (MALA-24k) Prices Using This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and traders alike. The Metals-API provides a powerful solution for accessing the latest prices of gold, including the Malappuram Gold 24k (MALA-24k). This blog post will delve into the intricacies of the Metals-API, focusing on how it can be utilized to obtain gold prices, market insights, and the technological advancements that make this possible.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. In recent years, the digital transformation in precious metals has reshaped how traders and investors interact with this valuable asset. The integration of data analytics and market insights allows for more informed decision-making, while technology integration in trading platforms enhances user experience and efficiency.

Innovation in price discovery has been propelled by digital asset solutions that leverage real-time data. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to build next-generation applications that can access and analyze gold prices seamlessly. With the ability to retrieve historical data, track fluctuations, and convert currencies, the Metals-API empowers users to navigate the complexities of the gold market effectively.

API Description

The Metals-API is a comprehensive JSON API that provides real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API is designed for developers looking to integrate metal price data into their applications, offering a range of endpoints that cater to different needs. The transformative potential of real-time metals data cannot be overstated, as it enables businesses to make data-driven decisions and optimize their trading strategies.

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

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to specific needs. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is essential for traders who need the most current prices to make informed decisions.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a date to the API request, users can retrieve past prices, which is invaluable for trend analysis and forecasting.
  • Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices, providing insight into market liquidity and helping traders to make better buying and selling decisions.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another. This is particularly useful for international traders dealing with multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for comprehensive analysis over specific periods.
  • Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, helping traders to understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and consumers interested in specific gold qualities.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access 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: Each user is assigned a unique API key that must be included in requests to authenticate and authorize access to the API.
  • API Response: The exchange rates delivered by the Metals-API are relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in the Indian market.
  • News Endpoint: The Metals-API provides access to the latest news articles related to various metals, keeping users 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

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1749358969,
    "base": "USD",
    "date": "2025-06-08",
    "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": 1749272569,
    "base": "USD",
    "date": "2025-06-07",
    "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": "2025-06-01",
    "end_date": "2025-06-08",
    "base": "USD",
    "rates": {
        "2025-06-01": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-03": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-08": {
            "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": 1749358969,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-01",
    "end_date": "2025-06-08",
    "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": 1749358969,
    "base": "USD",
    "date": "2025-06-08",
    "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": 1749358969,
    "base": "USD",
    "date": "2025-06-08",
    "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 an invaluable resource for developers and traders looking to access real-time and historical data on precious metals, including gold. By leveraging the various endpoints offered by the API, users can gain insights into market trends, track fluctuations, and make informed trading decisions. The integration of technology in trading, coupled with the power of data analytics, positions the Metals-API as a leader in the digital transformation of precious metals.

For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation for detailed guidance on implementation, and refer to the Metals-API Supported Symbols page for a comprehensive list of available metal symbols. With the right tools and insights, traders can navigate the complexities of the gold market with confidence.

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