Get Micro Gold Futures (MGC) Historical Prices with Metals-API

Metals-API offers a robust solution for developers and traders looking to obtain historical prices for Micro Gold Futures (MGC) and other metals. This blog post will delve into the capabilities of Metals-API, focusing on how to retrieve historical prices, along with a comprehensive overview of its features, endpoints, and practical applications.

Metals-API Information

About Gold (XAU)

API Description

Metals-API Website or check the Metals-API Documentation for detailed guidance on how to implement the API in your projects.

Key Features and Endpoints

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This is crucial for traders who need to stay updated on market movements.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to the API request, users can retrieve past prices for analysis and trend identification.
Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or to/from USD, facilitating easier calculations for traders.
Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, making it easier to analyze trends over time.
Fluctuation Endpoint: Users can track how metal prices fluctuate between two dates, providing valuable insights into market volatility.
Carat Endpoint: This feature provides information about gold rates by carat, which is particularly useful for jewelers and consumers interested in gold jewelry.
Lowest/Highest Price Endpoint: Users can 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: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for those trading on the London Metal Exchange.
API Key: Each user is assigned a unique API key, which must be included in requests to authenticate and authorize access to the API.
API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API provides a comprehensive list of endpoints, each serving a unique purpose, which can be found on the Metals-API Supported Symbols page.
Gold Price India Endpoint: This dedicated endpoint retrieves the latest gold price in India, catering to regional market needs.
News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1743210086,
    "base": "USD",
    "date": "2025-03-29",
    "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

{
    "success": true,
    "timestamp": 1743123686,
    "base": "USD",
    "date": "2025-03-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-22",
    "end_date": "2025-03-29",
    "base": "USD",
    "rates": {
        "2025-03-22": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-24": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-29": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1743210086,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-22",
    "end_date": "2025-03-29",
    "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"
}

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

{
    "success": true,
    "timestamp": 1743210086,
    "base": "USD",
    "date": "2025-03-29",
    "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"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1743210086,
    "base": "USD",
    "date": "2025-03-29",
    "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"
}

Conclusion

Metals-API Documentation for detailed implementation guidance, or check the Metals-API Supported Symbols page for a complete list of available symbols. By leveraging the power of Metals-API, developers can create innovative applications that enhance trading strategies and market insights.

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Get Micro Gold Futures (MGC) Historical Prices with Metals-API