Collect Mumbai Gold (XAU-MUMB) - Per Ounce Historical Prices from this API
Collect Mumbai Gold (XAU-MUMB) - Per Ounce Historical Prices from this API
In the ever-evolving landscape of precious metals trading, the demand for accurate and real-time data has never been more critical. For developers and traders alike, the ability to access historical prices of gold, particularly in the Mumbai market, can provide invaluable insights into market trends and investment strategies. This blog post delves into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Gold (XAU) and the transformative potential of this API in the realm of digital asset solutions.
About Gold (XAU)
Gold, represented by the symbol XAU, has been a cornerstone of wealth and value for centuries. In recent years, the digital transformation in precious metals has reshaped how investors and traders interact with this timeless asset. The integration of data analytics and market insights has empowered traders to make informed decisions based on real-time data rather than relying solely on historical trends.
With the rise of technology in trading, the innovation in price discovery has been remarkable. The Metals-API provides a robust platform for developers to build applications that can harness the power of real-time metals data. By leveraging this API, developers can create tools that not only track gold prices but also analyze market fluctuations, providing users with a comprehensive view of the gold market.
Metals-API Overview
The Metals-API is a powerful tool designed for developers looking to integrate metals pricing data into their applications. It offers a wide range of features, including real-time exchange rates, historical data, and various endpoints that cater to different needs. The API is designed with innovation and technological advancement in mind, making it an essential resource for anyone involved in the trading of precious metals.
For more detailed information, you can visit the Metals-API Website or check out the Metals-API Documentation for comprehensive guidance on how to utilize its features effectively.
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’s a closer look at some of the most significant features:
Latest Rates Endpoint
The Latest Rates Endpoint is a crucial feature that allows users to access real-time exchange rate data for various metals, including gold. Depending on your subscription plan, this endpoint can return data updated every 60 minutes or even more frequently. This feature is particularly useful for traders who need to stay updated on the latest market conditions.
{
"success": true,
"timestamp": 1756623704,
"base": "USD",
"date": "2025-08-31",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for gold and other metals dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, enabling them to analyze trends and make informed decisions based on historical data.
{
"success": true,
"timestamp": 1756537304,
"base": "USD",
"date": "2025-08-30",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid and Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for metals. This information is essential for traders looking to execute trades at the best possible prices. Depending on your subscription plan, this endpoint can deliver timely data that reflects current market conditions.
{
"success": true,
"timestamp": 1756623704,
"base": "USD",
"date": "2025-08-31",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}Convert Endpoint
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 need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1756623704,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint 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, helping traders identify patterns and make informed predictions.
{
"success": true,
"timeseries": true,
"start_date": "2025-08-24",
"end_date": "2025-08-31",
"base": "USD",
"rates": {
"2025-08-24": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-08-26": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-08-31": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. By tracking rate changes between two dates, traders can better understand market volatility and adjust their strategies accordingly.
{
"success": true,
"fluctuation": true,
"start_date": "2025-08-24",
"end_date": "2025-08-31",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on technical analysis to make informed trading decisions.
{
"success": true,
"timestamp": 1756623704,
"base": "USD",
"date": "2025-08-31",
"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 endpoint is particularly useful for traders interested in the London Metal Exchange prices, allowing for comprehensive market analysis.
Authentication and API Key
To access the Metals-API, users must obtain an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures secure access to the API and allows for tracking usage and rate limits.
Performance Considerations
When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce API calls and improve response times. Additionally, understanding rate limits and quota management is crucial to ensure uninterrupted access to the API.
Security Best Practices
Security is paramount when dealing with financial data. Developers should ensure that API keys are stored securely and not exposed in client-side code. Implementing HTTPS for all API requests is essential to protect data in transit. Furthermore, regular audits and monitoring of API usage can help identify any unauthorized access attempts.
Conclusion
The Metals-API offers a comprehensive solution for accessing historical prices of gold and other precious metals, empowering developers to create innovative applications that leverage real-time data. By understanding the various endpoints and their functionalities, developers can build tools that provide valuable insights into market trends and price movements.
For those looking to dive deeper into the world of precious metals trading, the Metals-API is an invaluable resource. Whether you are interested in the latest rates, historical data, or advanced analytics, this API provides the tools necessary to succeed in the competitive landscape of metals trading. To explore more about the available symbols, visit the Metals-API Supported Symbols page.
In summary, the integration of technology in precious metals trading is transforming the industry, and the Metals-API stands at the forefront of this evolution. By leveraging its capabilities, developers can create next-generation applications that not only enhance trading strategies but also contribute to a more informed and data-driven market.