Get Mumbai Gold 24k (MUMB-24k) price data in 2025 with this API

Get Mumbai Gold 24k (MUMB-24k) Price Data in 2025 with this API

As the world of precious metals continues to evolve, the demand for accurate and real-time data has never been more critical. For developers and traders looking to access Mumbai Gold 24k (MUMB-24k) price data in 2025, the Metals-API offers a robust solution. This API provides comprehensive access to gold prices, market insights, and advanced data analytics, enabling users to make informed decisions in a rapidly changing market landscape.

Metals-API Information

The Metals-API is designed to empower developers with the tools needed to integrate real-time and historical data into their applications. By leveraging this API, users can access a wealth of information about various metals, including gold, silver, platinum, and palladium. The API's capabilities extend beyond mere price retrieval; it encompasses advanced features such as historical data analysis, fluctuation tracking, and bid/ask pricing, making it an invaluable resource for anyone involved in precious metals trading.

About Gold (XAU)

Gold, represented by the symbol XAU, is one of the most sought-after precious metals in the world. Its value is influenced by a myriad of factors, including market demand, geopolitical stability, and economic indicators. In recent years, the digital transformation in precious metals has led to the integration of data analytics and technology in trading practices. This shift has enabled traders to gain deeper insights into market trends and make data-driven decisions.

With the rise of digital asset solutions, gold trading has become more accessible than ever. The Metals-API plays a crucial role in this transformation by providing real-time data that enhances price discovery and trading efficiency. Developers can utilize the API to create innovative applications that cater to the needs of modern traders, ensuring they have the most accurate and timely information at their fingertips.

API Description

The Metals-API is a powerful tool that offers a range of features designed to meet the needs of developers and traders alike. With its focus on innovation and technological advancement, the API allows users to build next-generation applications that leverage real-time metals data. The API's capabilities include:

• Real-time Exchange Rates: Access the latest rates for various metals, updated frequently based on your subscription plan.
• Historical Data: Retrieve historical rates dating back to 2019, allowing for comprehensive market analysis.
• Bid and Ask Prices: Get real-time bid and ask prices to make informed trading decisions.
• Currency Conversion: Convert amounts between different metals and currencies seamlessly.
• Time-Series Data: Analyze daily historical rates over specific periods to identify trends.
• Fluctuation Tracking: Monitor how prices fluctuate over time, providing insights into market volatility.
• Carat Information: Access gold rates by carat, catering to specific trading needs.
• OHLC Data: Obtain open, high, low, and close prices for detailed market analysis.
• News Updates: Stay informed with the latest news articles related to various metals.

For more detailed information, you can refer to the Metals-API Documentation which provides comprehensive guidance on how to utilize these features effectively.

Key Features and Endpoints

The Metals-API offers several endpoints that cater to different data retrieval needs. 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, this endpoint can return updated rates every 60 minutes or even every 10 minutes. For example, a typical response might look like this:

{
    "success": true,
    "timestamp": 1746766824,
    "base": "USD",
    "date": "2025-05-09",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

This response indicates the current price of gold (XAU) in relation to USD, providing traders with immediate access to market data.

Historical Rates Endpoint

Accessing historical rates is essential for traders looking to analyze past market trends. The Historical Rates endpoint allows users to query rates for any date since 2019. A sample response might look like this:

{
    "success": true,
    "timestamp": 1746680424,
    "base": "USD",
    "date": "2025-05-08",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "unit": "per troy ounce"
}

This data can be invaluable for conducting technical analysis and understanding price movements over time.

Bid and Ask Endpoint

The Bid and Ask endpoint is a powerful feature that provides real-time bid and ask prices for metals. This is crucial for traders who need to make quick decisions based on market conditions. An example response could be:

{
    "success": true,
    "timestamp": 1746766824,
    "base": "USD",
    "date": "2025-05-09",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Understanding the bid-ask spread is essential for traders as it indicates market liquidity and potential transaction costs.

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 dealing with multiple currencies. A sample response might look like this:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746766824,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how much gold can be purchased with a specified amount of USD, aiding in quick decision-making.

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for trend analysis. A typical response might look like this:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-02",
    "end_date": "2025-05-09",
    "base": "USD",
    "rates": {
        "2025-05-02": {
            "XAU": 0.000485
        },
        "2025-05-09": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This data can help traders identify patterns and make predictions based on historical performance.

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how prices fluctuate on a day-to-day basis. This is crucial for understanding market volatility. An example response could be:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-02",
    "end_date": "2025-05-09",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

This response highlights the change in price over the specified period, providing traders with valuable insights into market dynamics.

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

The OHLC Price endpoint allows users to obtain open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market performance. A sample response might look like this:

{
    "success": true,
    "timestamp": 1746766824,
    "base": "USD",
    "date": "2025-05-09",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

This data provides a comprehensive view of market activity, allowing traders to make informed decisions based on price movements.

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 integrate specific metal data into their applications.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time data, historical insights, and advanced analytics, it empowers users to make informed decisions and stay ahead of market trends. Whether you are looking to access Mumbai Gold 24k (MUMB-24k) price data or explore other metals, the API's extensive features and capabilities make it an essential resource.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the detailed Metals-API Documentation to learn about implementation strategies and best practices. With the right tools and data at your disposal, you can navigate the complexities of the precious metals market with confidence.