Get accurate Madurai Gold 24k (MADU-24k) prices using this API

Get Accurate Madurai Gold 24k (MADU-24k) Prices Using This API

In the world of precious metals, having access to accurate and real-time data is crucial for traders, investors, and developers alike. The Metals-API provides a robust solution for obtaining the latest prices of metals, including the highly sought-after Madurai Gold 24k (MADU-24k). This blog post will delve into the capabilities of the Metals-API, focusing on how it can empower developers to create innovative applications that leverage real-time data for gold and other precious metals.

Metals-API Information

The Metals-API is a powerful tool that offers real-time and historical data for various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). With the rise of digital transformation in the precious metals market, the need for accurate data analytics and market insights has never been more critical. The Metals-API integrates advanced technology to facilitate trading and innovation in price discovery, making it an essential resource for developers looking to build next-generation applications.

About Gold (XAU)

Gold, represented by the symbol XAU, is one of the most valuable and widely traded metals in the world. Its significance extends beyond mere investment; it is a symbol of wealth and stability. The digital transformation in the precious metals market has led to the integration of technology in trading practices, allowing for more efficient price discovery and enhanced market insights.

Data analytics plays a pivotal role in understanding market trends and making informed decisions. By utilizing the Metals-API, developers can access real-time data that reflects the current market conditions, enabling them to create applications that provide users with up-to-date information on gold prices. This capability is particularly beneficial for traders who need to react quickly to market fluctuations.

Furthermore, the integration of digital asset solutions has opened new avenues for investment in gold. With the Metals-API, developers can create platforms that allow users to trade gold as a digital asset, providing a seamless experience that combines traditional trading with modern technology.

API Description

The Metals-API is designed to provide developers with the tools they need to access real-time metals data efficiently. Its capabilities include a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data. The API empowers developers to build applications that can analyze trends, convert currencies, and track fluctuations in metal prices.

For more detailed information on how to utilize the API, you can refer to the Metals-API Documentation. This resource provides comprehensive guidance on how to implement the API effectively, including examples and best practices.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability for developers:

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 feature is essential for traders who need to stay informed about the latest market prices.
Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, helping traders make informed decisions based on current market conditions.
Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another. This is particularly useful for traders operating in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is beneficial for analyzing price movements over specific periods.
Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis, allowing traders to understand market volatility.
Carat Endpoint: Access gold rates by carat, which is essential for jewelers and consumers looking to buy or sell gold jewelry.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, helping traders identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Get open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured format.
Available Endpoints: The API comes with multiple endpoints, each providing different functionalities to cater to various needs.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, allowing developers to stay informed about the symbols they can use.
Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local traders.
News Endpoint: Access 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 understand the various metals they can work with.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1751821227,
    "base": "USD",
    "date": "2025-07-06",
    "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 that the current price of gold (XAU) is 0.000482 per troy ounce, with similar data for other metals.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1751734827,
    "base": "USD",
    "date": "2025-07-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows the historical price of gold on a specific date, which can be used for analysis and comparison.

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-29",
    "end_date": "2025-07-06",
    "base": "USD",
    "rates": {
        "2025-06-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of gold prices over a specified period, allowing for trend analysis.

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1751821227,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows the conversion of 1000 USD to gold (XAU), resulting in 0.482 troy ounces.

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-29",
    "end_date": "2025-07-06",
    "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 gold prices have fluctuated over a specific period, which is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1751821227,
    "base": "USD",
    "date": "2025-07-06",
    "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 response provides the open, high, low, and close prices for gold, silver, and platinum, which are essential for technical analysis.

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1751821227,
    "base": "USD",
    "date": "2025-07-06",
    "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 the current bid and ask prices for gold and other metals, which is crucial for traders looking to make informed decisions.

Conclusion

The Metals-API is an invaluable resource for developers seeking to access real-time and historical data for precious metals, including Madurai Gold 24k (MADU-24k). By leveraging the API's extensive features, developers can create innovative applications that provide users with accurate market insights and facilitate trading in a digital landscape.

With capabilities such as real-time rates, historical data access, and conversion features, the Metals-API empowers developers to build solutions that meet the evolving needs of traders and investors. For more information on how to implement the API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance.

In summary, the integration of technology in the precious metals market is transforming how traders interact with data. By utilizing the Metals-API, developers can harness the power of real-time data to create applications that not only enhance trading efficiency but also provide valuable insights into market trends.

Ready to use Metals-API?

Try it now!

Get accurate Madurai Gold 24k (MADU-24k) prices using this API