Get Malappuram Gold 22k (MALA-22k) Historical Data for Backtesting using this API

Introduction

In the world of trading and investment, having access to accurate and timely data is crucial, especially when it comes to precious metals like gold. For developers and traders looking to backtest their strategies, obtaining historical data is essential. This blog post will delve into how to get Malappuram Gold 22k (MALA-22k) historical data using the Metals-API. We will explore the various features of the API, its capabilities, and how it can empower developers to create innovative applications for trading and analysis.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has been a cornerstone of wealth and investment for centuries. With the digital transformation of financial markets, the way we trade and analyze gold has evolved significantly. The integration of data analytics and technology into trading has opened new avenues for market insights and price discovery.

As the demand for digital asset solutions grows, traders are increasingly relying on real-time data to make informed decisions. The Metals-API provides a robust platform for accessing real-time and historical data on gold and other precious metals, enabling traders to harness the power of data analytics in their strategies.

API Description

The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing metals data. With its innovative architecture, the API allows for seamless integration into applications, enabling real-time data retrieval and analysis. The API's capabilities include:

• Real-time exchange rate data for various metals
• Historical price data dating back to 2019
• Bid and ask prices for precise trading strategies
• Currency conversion features for flexible trading
• Time-series data for in-depth analysis
• Fluctuation tracking to monitor market volatility
• Open/High/Low/Close (OHLC) data for comprehensive market insights
• Access to news articles related to metals for informed decision-making

With these features, the Metals-API empowers developers to build next-generation applications that leverage real-time metals data for trading, analysis, and investment strategies.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs in the trading and investment landscape. Here’s a closer look at some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, the API can return updates every 60 minutes or even more frequently. This feature is essential for traders who need to make quick decisions based on the latest market conditions.

{
    "success": true,
    "timestamp": 1763089255,
    "base": "USD",
    "date": "2025-11-14",
    "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"
}

Historical Rates Endpoint

For backtesting strategies, the Historical Rates Endpoint is invaluable. It allows users to access historical exchange rates for any date since 1999. By appending a specific date to the API request, developers can retrieve past rates and analyze trends over time.

{
    "success": true,
    "timestamp": 1763002855,
    "base": "USD",
    "date": "2025-11-13",
    "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 crucial for traders looking to optimize their entry and exit points in the market.

{
    "success": true,
    "timestamp": 1763089255,
    "base": "USD",
    "date": "2025-11-14",
    "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"
}

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 operate in multiple currencies and need to quickly assess the value of their holdings.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1763089255,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing trends and making informed predictions based on historical data.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-07",
    "end_date": "2025-11-14",
    "base": "USD",
    "rates": {
        "2025-11-07": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-09": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-14": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track rate fluctuations between two dates. This feature is particularly useful for understanding market volatility and making strategic trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-07",
    "end_date": "2025-11-14",
    "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"
}

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

The OHLC Price Endpoint provides essential market data, including the open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market trends and make informed decisions.

{
    "success": true,
    "timestamp": 1763089255,
    "base": "USD",
    "date": "2025-11-14",
    "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"
}

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 data.

{
    "success": true,
    "timestamp": 1763002855,
    "base": "USD",
    "date": "2025-11-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

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 is essential for authentication and ensures that only authorized users can access the data.

API Response and Data Structure

The API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize in their applications. Understanding the response structure is crucial for effective data handling.

For example, a successful response will include fields such as:

• success: Indicates whether the API request was successful.
• timestamp: The time at which the data was retrieved.
• base: The base currency for the exchange rates.
• date: The date for which the rates are applicable.
• rates: An object containing the exchange rates for various metals.
• unit: The unit of measurement for the rates (e.g., per troy ounce).

Common Use Cases and Integration Strategies

Developers can leverage the Metals-API in various applications, including:

• Building trading platforms that require real-time and historical metals data.
• Creating analytical tools for market trend analysis and forecasting.
• Integrating with financial dashboards to provide users with up-to-date market information.
• Developing mobile applications for traders to monitor prices on the go.

When integrating the API, developers should consider performance optimization strategies, such as caching frequently accessed data and implementing rate limiting to avoid exceeding API quotas.

Performance Optimization and Security Considerations

To ensure optimal performance when using the Metals-API, developers should implement caching mechanisms for frequently accessed data. This reduces the number of API calls and improves response times. Additionally, it is essential to handle errors gracefully and implement recovery strategies for failed requests.

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 also crucial to protect data in transit.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data on precious metals like gold. With its comprehensive suite of features, including the ability to retrieve latest rates, historical data, and bid/ask prices, the API empowers traders to make informed decisions based on accurate data.

By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and provide valuable market insights. For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

In a rapidly evolving market, having access to reliable data is more important than ever. The Metals-API not only provides this data but also offers the tools necessary for developers to build next-generation applications that can transform the way we trade and analyze precious metals.