Retrieve Mumbai Gold 24k (MUMB-24k) Historical Prices for Financial Analysis using this API
Retrieve Mumbai Gold 24k (MUMB-24k) Historical Prices for Financial Analysis using this API
In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount. For investors and analysts focusing on precious metals, the ability to retrieve historical prices for Gold (XAU) is essential for making informed decisions. This blog post will delve into how to effectively utilize the Metals-API to access historical prices for Mumbai Gold 24k (MUMB-24k) and explore the transformative potential of real-time metals data.
About Gold (XAU)
Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical tensions, and currency fluctuations. As digital transformation sweeps through the financial sector, the integration of data analytics and technology in trading has become increasingly important. The Metals-API provides developers with the tools needed to harness real-time data for innovative price discovery and market insights.
With the rise of digital asset solutions, investors can now leverage advanced analytics to track Gold prices, analyze trends, and make data-driven decisions. The Metals-API empowers developers to build next-generation applications that can seamlessly integrate with various trading platforms, enhancing the overall trading experience.
API Description
The Metals-API is a powerful tool that provides access to real-time and historical data for various metals, including Gold (XAU). This API is designed for developers looking to create applications that require accurate and timely metals pricing information. With its innovative features and capabilities, the Metals-API stands out as a leader in the field of metals data.
One of the key advantages of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the subscription plan. This ensures that users have access to the most current pricing information, which is crucial for making informed trading decisions. Additionally, the API offers a range of endpoints that cater to different data needs, from historical rates to bid and ask prices.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, making it a versatile tool for developers. 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 to act quickly on market changes.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve historical Gold 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 insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating comprehensive analysis over specified periods.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Carat Endpoint: This feature allows users to retrieve information about Gold rates by carat, which is essential for jewelers and traders dealing in various purities of Gold.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API to get the lowest and highest price for a specified date, which is crucial for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific date, allowing traders to analyze price movements effectively.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for those interested in long-term trends.
- API Key: Each user is assigned a unique API key, which is necessary for authenticating requests to the API.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
- News Endpoint: Retrieve 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. This resource is invaluable for developers looking to integrate specific metals into their applications.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765767686,
"base": "USD",
"date": "2025-12-15",
"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 Gold (XAU) priced at 0.000482 per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765681286,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response provides historical rates for Gold and other metals, allowing users to analyze past pricing trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-08",
"end_date": "2025-12-15",
"base": "USD",
"rates": {
"2025-12-08": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-10": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-15": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This endpoint allows users to retrieve exchange rates for a specific time period, facilitating detailed analysis of price movements over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765767686,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint is particularly useful for traders who need to quickly convert amounts between different metals or currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-08",
"end_date": "2025-12-15",
"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 the rates of Gold and other metals fluctuate over a specified period, which is crucial for understanding market dynamics.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1765767686,
"base": "USD",
"date": "2025-12-15",
"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 data is essential for traders looking to analyze price movements and make informed trading decisions based on historical performance.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765767686,
"base": "USD",
"date": "2025-12-15",
"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, which are crucial for traders looking to enter or exit positions in the market.
Conclusion
The Metals-API is an invaluable resource for developers and traders looking to access historical prices for Gold (XAU) and other precious metals. By leveraging its comprehensive features, including real-time rates, historical data, and various endpoints, users can gain deep insights into market trends and make informed trading decisions.
As the financial landscape continues to evolve, the integration of technology and data analytics in trading will only become more critical. The Metals-API not only provides the necessary tools for accessing metals data but also empowers developers to create innovative applications that can transform the way we trade and analyze precious metals.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the various endpoints available. Additionally, check out the Metals-API Supported Symbols page to familiarize yourself with the range of metals you can access through the API.
In conclusion, whether you are a seasoned trader or a developer looking to integrate metals data into your applications, the Metals-API offers the tools and resources necessary to succeed in the dynamic world of precious metals trading.