Access Mysore Gold 24k (MYSO-24k) prices through this API
Access Mysore Gold 24k (MYSO-24k) Prices Through 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 Mysore Gold 24k (MYSO-24k) prices can be efficiently accessed through the Metals-API, which provides a comprehensive suite of tools for retrieving and analyzing gold prices and other metal data. This blog post will delve into the intricacies of the Metals-API, focusing on its capabilities, features, and how it can empower developers to create innovative applications in the precious metals market.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of data analytics and technology into trading practices is revolutionizing how investors approach gold. With the rise of digital asset solutions, traders can now leverage real-time data to make informed decisions, enhancing their strategies for price discovery and market analysis.
The Metals-API stands at the forefront of this transformation, offering developers a powerful tool to access real-time gold prices and historical data. By utilizing advanced data analytics, the API provides insights that can lead to more strategic trading decisions. The integration of technology into trading platforms allows for seamless access to market data, enabling traders to react swiftly to fluctuations in gold prices.
API Description
The Metals-API is designed to provide developers with a robust platform for accessing real-time and historical metals data. With its innovative capabilities, the API empowers developers to build next-generation applications that can analyze market trends, track price movements, and convert currencies with ease. The API's transformative potential lies in its ability to deliver accurate and timely data, which is essential for making informed trading decisions.
For detailed information on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including their functionalities and usage examples.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the metals trading ecosystem. Each endpoint is designed to provide specific functionalities that can enhance trading strategies and data analysis.
The Latest Rates Endpoint is a fundamental feature of the API, allowing users to retrieve real-time exchange rate data for various metals. Depending on the subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This capability is crucial for traders who need to stay updated on market movements.
{
"success": true,
"timestamp": 1745647238,
"base": "USD",
"date": "2025-04-26",
"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"
}Another essential feature is the Historical Rates Endpoint, which allows users to access historical exchange rates dating back to 2019. This endpoint is invaluable for traders looking to analyze past market trends and make predictions based on historical data.
{
"success": true,
"timestamp": 1745560838,
"base": "USD",
"date": "2025-04-25",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}The Bid and Ask Endpoint is another powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to make informed buying and selling decisions based on current market conditions.
{
"success": true,
"timestamp": 1745647238,
"base": "USD",
"date": "2025-04-26",
"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"
}The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who deal with multiple currencies and need to quickly assess the value of their holdings.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745647238,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for traders looking to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-19",
"end_date": "2025-04-26",
"base": "USD",
"rates": {
"2025-04-19": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-21": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-26": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This endpoint is particularly useful for traders looking to understand market volatility and make informed decisions based on price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-19",
"end_date": "2025-04-26",
"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"
}The Open/High/Low/Close (OHLC) Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market trends and make predictions based on price movements.
{
"success": true,
"timestamp": 1745647238,
"base": "USD",
"date": "2025-04-26",
"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"
}For those interested in the lowest and highest prices, the Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specified date. This feature is particularly useful for traders looking to identify price trends and make informed trading decisions.
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is essential for traders who need to analyze long-term trends in the metals market.
To access the API, developers must use their unique API Key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and authorization, ensuring that only authorized users can access the data.
All exchange rates delivered by the Metals-API are by default relative to USD, providing a consistent basis for comparison across different metals. The API also includes a Supported Symbols Endpoint, which returns all available currencies, allowing developers to easily identify the symbols they can work with.
For those specifically interested in the Indian market, the Gold Price India Endpoint allows users to retrieve the latest gold price in India, providing localized data for traders operating in that region.
Additionally, the News Endpoint allows users to retrieve the latest news articles related to various metals, keeping traders informed about market developments and trends.
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 understand the various metals and their corresponding symbols available through the API.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for accessing real-time and historical data on precious metals, including Mysore Gold 24k (MYSO-24k). With its extensive range of endpoints and features, developers can create innovative applications that leverage real-time data for trading and analysis. The API's capabilities, such as the Latest Rates, Historical Rates, and Bid/Ask endpoints, provide essential tools for traders looking to optimize their strategies and make informed decisions.
For more information on how to implement the Metals-API and explore its features, visit the Metals-API Documentation. By harnessing the power of real-time metals data, developers can stay ahead in the competitive landscape of precious metals trading.