Retrieve Malappuram Gold 24k (MALA-24k) Historical Prices via this API

Retrieve Malappuram Gold 24k (MALA-24k) Historical Prices via this API
In the world of precious metals, gold holds a significant place, not just as a valuable commodity but also as a symbol of wealth and stability. For developers and traders alike, accessing accurate and timely data on gold prices is crucial for making informed decisions. This is where the Metals-API comes into play. This powerful tool allows users to retrieve historical prices for various metals, including Malappuram Gold 24k (MALA-24k), through its comprehensive API. In this blog post, we will explore the capabilities of the Metals-API, focusing on how to access historical prices, the technology behind it, and the innovative features that make it a game-changer in the precious metals market.
About Gold (XAU)
Gold, represented by the symbol XAU, is not just a metal; it is a digital asset that has undergone a transformation in the way it is traded and valued. The digital transformation in precious metals has opened new avenues for data analytics and market insights, allowing traders to make decisions based on real-time data rather than historical trends alone. The integration of technology in trading has revolutionized price discovery, enabling users to access accurate pricing information at their fingertips.
With the rise of digital asset solutions, the demand for reliable and real-time data has never been higher. The Metals-API provides a robust platform for developers to build next-generation applications that can leverage this data for various purposes, including investment strategies, market analysis, and risk management. By utilizing the Metals-API, developers can create applications that not only track gold prices but also analyze trends and fluctuations, providing users with valuable insights into the market.
API Description
The Metals-API is designed to empower developers with real-time metals data, allowing them to build applications that can respond to market changes instantly. The API offers a range of endpoints, each tailored to provide specific functionalities that cater to different needs. Whether you are looking for the latest rates, historical data, or conversion capabilities, the Metals-API has you covered.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This flexibility ensures that users have access to the most current data available, which is crucial for making timely trading decisions.
For those interested in historical data, the Metals-API provides access to historical rates dating back to 2019. Users can query the API for historical rates by appending a specific date to the endpoint, allowing for detailed analysis of price trends over time. This feature is particularly useful for traders looking to understand market movements and make predictions based on past performance.
Another innovative feature is the Bid and Ask endpoint, which enables users to retrieve real-time bid and ask prices for metals. This information is essential for traders who need to understand the market dynamics and make informed decisions based on current pricing. Additionally, the Convert endpoint allows users to convert any amount from one metal to another or to/from USD, making it easy to manage transactions across different currencies.
The Time-Series endpoint is another powerful tool that allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods, providing insights into market trends and potential future movements.
For those interested in understanding how prices fluctuate, the Fluctuation endpoint provides detailed information about how currencies fluctuate on a day-to-day basis. This data can help traders identify patterns and make predictions about future price movements.
Furthermore, the Metals-API includes a Carat endpoint, which allows users to retrieve information about gold rates by carat. This feature is particularly useful for jewelers and consumers looking to understand the value of gold in different forms.
For comprehensive analysis, the Open/High/Low/Close (OHLC) Price endpoint provides users with the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make informed decisions.
Lastly, the Metals-API also offers a News endpoint, allowing users to retrieve the latest news articles related to various metals. Staying informed about market news is essential for traders, and this feature ensures that users have access to the latest developments in the precious metals market.
Key Features and Endpoints
The Metals-API is packed with features that cater to a wide range of user needs. Here are some of the key endpoints and their functionalities:
- Latest Rates Endpoint: Get real-time exchange rates for all available metals. The response includes the base currency, date, and rates for various metals, such as gold (XAU), silver (XAG), and platinum (XPT).
- Historical Rates Endpoint: Access historical exchange rates for any date since 1999. This endpoint allows users to analyze past price movements and trends.
- Time-Series Endpoint: Retrieve exchange rates for a specific time period, enabling users to conduct detailed analyses of price changes over time.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating transactions across different currencies.
- Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, useful for jewelers and consumers.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specific date.
- Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period, essential for technical analysis.
- Bid/Ask Endpoint: Retrieve current bid and ask prices for metals, crucial for understanding market dynamics.
- News Endpoint: Access the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some example responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1746403948,
"base": "USD",
"date": "2025-05-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response provides real-time exchange rates for various metals, allowing users to quickly assess the current market situation.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1746317548,
"base": "USD",
"date": "2025-05-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how users can access historical rates for a specific date, enabling them to analyze past price movements.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-28",
"end_date": "2025-05-05",
"base": "USD",
"rates": {
"2025-04-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-05": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response demonstrates how users can retrieve exchange rates for a specific time period, allowing for detailed analysis of price changes.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1746403948,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how users can convert amounts between different metals and currencies, providing flexibility in transactions.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-28",
"end_date": "2025-05-05",
"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 response provides insights into how prices fluctuate over a specified period, helping traders identify trends and make informed decisions.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1746403948,
"base": "USD",
"date": "2025-05-05",
"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"
}
This example shows how users can access OHLC data for a specific date, which is essential for conducting technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1746403948,
"base": "USD",
"date": "2025-05-05",
"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 response provides current bid and ask prices for metals, which is crucial for understanding market dynamics and making informed trading decisions.
Conclusion
The Metals-API is a powerful tool for developers and traders looking to access real-time and historical data on precious metals, including Malappuram Gold 24k (MALA-24k). With its innovative features and comprehensive endpoints, the API empowers users to build applications that can analyze market trends, track price fluctuations, and make informed decisions based on accurate data.
By leveraging the capabilities of the Metals-API, developers can create solutions that not only enhance trading strategies but also provide valuable insights into the precious metals market. Whether you are interested in real-time rates, historical data, or conversion capabilities, the Metals-API offers a robust platform to meet your needs.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation for detailed guidance on implementation and usage. To explore the full range of supported symbols, check out the Metals-API Supported Symbols page. With the right tools and data at your disposal, you can navigate the precious metals market with confidence and precision.