Retrieve Mumbai Gold (XAU-MUMB) prices effortlessly using this API

In today's fast-paced financial landscape, retrieving Mumbai Gold (XAU-MUMB) prices has never been easier, thanks to the innovative capabilities of the Metals-API. This powerful API provides developers with real-time access to precious metal prices, including gold, silver, platinum, and palladium, enabling them to create advanced applications that can analyze market trends, perform currency conversions, and much more. In this blog post, we will explore the features of the Metals-API, focusing on how it can be utilized to effortlessly retrieve gold prices in Mumbai and other markets.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As a precious metal, it plays a crucial role in the global economy, serving as a hedge against inflation and currency fluctuations. The digital transformation in precious metals trading has opened new avenues for investors and developers alike. With the integration of data analytics and technology, the way we trade and understand gold has evolved significantly.

Digital Transformation in Precious Metals

The advent of digital technologies has revolutionized the precious metals market. Through the use of APIs like the Metals-API, developers can access real-time data, enabling them to build applications that provide insights into market trends and price fluctuations. This digital transformation allows for more informed trading decisions and enhances the overall trading experience.

Data Analytics and Market Insights

Data analytics plays a pivotal role in understanding market dynamics. The Metals-API offers various endpoints that allow developers to retrieve historical data, analyze price trends, and gain insights into market behavior. By leveraging this data, traders can make strategic decisions based on comprehensive market analysis.

Technology Integration in Trading

Integrating technology into trading processes has become essential for success in today's market. The Metals-API provides a seamless way to access gold prices and other metal rates, allowing developers to create applications that can automate trading strategies, monitor price changes, and execute trades based on predefined criteria.

Innovation in Price Discovery

Price discovery is a critical aspect of trading, and the Metals-API enhances this process by providing real-time data. With features like the Latest Rates Endpoint, developers can access up-to-date gold prices, ensuring they are always informed about the current market conditions. This innovation allows for more accurate pricing and better trading outcomes.

Digital Asset Solutions

The rise of digital assets has transformed the way we perceive and trade precious metals. The Metals-API offers solutions that cater to this new landscape, enabling developers to create applications that facilitate the buying, selling, and trading of gold and other metals in a digital format.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time metals data. This API empowers users to build next-generation applications that can analyze market trends, perform conversions, and retrieve historical data. With its innovative features, the Metals-API is at the forefront of the digital transformation in the precious metals market.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to provide specific functionalities that cater to the needs of developers and traders. Here are some of the key features:

Latest Rates Endpoint

Depending on your subscription plan, the Latest Rates Endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This endpoint is crucial for traders who need to stay updated on the latest market prices.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Historical rates are available for most currencies dating back to 2019. You can query the Metals-API for historical rates by appending a date to the endpoint. This feature is invaluable for analyzing past market trends and making informed trading decisions.

{
        "success": true,
        "timestamp": 1749013214,
        "base": "USD",
        "date": "2025-06-04",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid and Ask Endpoint

The Bid and Ask Endpoint allows you to retrieve real-time bid and ask prices for metals. This feature is essential for traders looking to execute trades at the best possible prices.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows you to convert any amount from one currency to another. This feature is particularly useful for traders who need to quickly assess the value of their assets in different currencies.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1749099614,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is beneficial for analyzing trends over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-05-29",
        "end_date": "2025-06-05",
        "base": "USD",
        "rates": {
            "2025-05-29": {
                "XAU": 0.000485
            },
            "2025-06-05": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-05-29",
        "end_date": "2025-06-05",
        "base": "USD",
        "rates": {
            "XAU": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

Carat Endpoint

The Carat Endpoint allows you to retrieve information about gold rates by carat. This feature is particularly useful for jewelers and consumers looking to understand the value of gold based on its purity.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": {
                "carat_24": 0.000482,
                "carat_22": 0.000442,
                "carat_18": 0.000371
            }
        },
        "unit": "per troy ounce"
    }

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows you to query the API to get the lowest and highest price for a specific date. This feature is useful for traders looking to identify price extremes.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": {
                "lowest": 0.000481,
                "highest": 0.000487
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC Price Endpoint allows you to query the API to get the open, high, low, and close prices for a specific date. This feature is essential for traders looking to analyze price movements over a trading session.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is beneficial for traders looking to analyze long-term trends in the metals market.

{
        "success": true,
        "timestamp": 1749099614,
        "base": "USD",
        "date": "2025-06-05",
        "rates": {
            "XAU": {
                "historical": {
                    "2019-01-01": 0.000485,
                    "2020-01-01": 0.000475
                }
            }
        },
        "unit": "per troy ounce"
    }

API Key

Your API Key is the unique key that is passed into the API base URL's access_key parameter. This key is essential for authenticating your requests and ensuring secure access to the API's features.

API Response

Exchange rates delivered by the Metals-API are by default relative to USD. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications.

Available Endpoints

The Metals-API comes with numerous endpoints, each providing a different functionality. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Gold Price India Endpoint

Retrieve the latest gold price in India using the Metals-API's dedicated Gold Price India endpoint. This feature is particularly useful for traders and consumers in the Indian market.

News Endpoint

The Metals-API get-news endpoint allows you to retrieve the latest news articles related to various metals. Staying informed about market news is crucial for making timely trading decisions.

Conclusion

The Metals-API is a transformative tool that empowers developers to access real-time metals data, including gold prices in Mumbai. With its extensive range of features and endpoints, the API enables the creation of advanced applications that can analyze market trends, perform conversions, and provide insights into price fluctuations. By leveraging the capabilities of the Metals-API, developers can build innovative solutions that enhance the trading experience and drive informed decision-making.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation for detailed guidance on implementation and usage.