Get Mysore Gold 24k (MYSO-24k) prices for different currencies using this API

Introduction

In the ever-evolving landscape of precious metals trading, the Mysore Gold 24k (MYSO-24k) symbol represents a significant asset for investors and traders alike. With the rise of digital transformation in the financial sector, accessing real-time data on gold prices across various currencies has become essential. This is where the Metals-API comes into play, providing developers with the tools necessary to integrate comprehensive metals data into their applications. In this blog post, we will explore the capabilities of the Metals-API, focusing on how it empowers users to retrieve and analyze gold prices, particularly for the MYSO-24k symbol, across different currencies.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a digital transformation unfolds in the precious metals market, the integration of data analytics and technology is reshaping how traders and investors interact with gold. The Metals-API provides a robust platform for accessing real-time gold prices, historical data, and market insights, enabling users to make informed decisions.

With the advent of advanced data analytics, traders can now gain deeper insights into market trends and price movements. The Metals-API not only offers real-time pricing but also historical data dating back to 2019, allowing for comprehensive analysis and forecasting. This technological integration facilitates innovation in price discovery, providing users with the tools to track fluctuations and make strategic investments.

Moreover, the API's digital asset solutions enable developers to create applications that can seamlessly convert gold prices into various currencies, enhancing accessibility for global investors. By leveraging the Metals-API, users can tap into a wealth of information that drives smarter trading strategies and investment decisions.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API is built with innovation and technological advancement at its core, allowing developers to create next-generation applications that require up-to-date metals data. With a focus on transformative potential, the Metals-API empowers users to access critical information that can influence trading decisions.

For developers looking to integrate this API, the Metals-API Documentation offers comprehensive guidance on how to utilize its features effectively. The API supports a wide range of functionalities, including retrieving the latest rates, historical data, and even currency conversion. By harnessing these capabilities, developers can build applications that cater to the needs of traders and investors in the precious metals market.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that provide essential functionalities for users. Each endpoint serves a specific purpose, enabling developers to access the data they need efficiently. Below, we delve into some of the key features of the Metals-API:

Latest Rates Endpoint

The Latest Rates Endpoint is a crucial feature that allows users to obtain real-time exchange rate data for various metals, including gold. Depending on the subscription plan, this endpoint can return updated rates every 60 minutes or even every 10 minutes. This feature is particularly valuable for traders who need to stay informed about the latest market movements.

{
    "success": true,
    "timestamp": 1749880813,
    "base": "USD",
    "date": "2025-06-14",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

The Historical Rates Endpoint provides access to historical exchange rates for most currencies dating back to 2019. Users can query this endpoint by appending a specific date to retrieve past rates, which is invaluable for conducting trend analysis and understanding market behavior over time.

{
    "success": true,
    "timestamp": 1749794413,
    "base": "USD",
    "date": "2025-06-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders who need to make quick decisions based on current market conditions. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller is willing to accept.

{
    "success": true,
    "timestamp": 1749880813,
    "base": "USD",
    "date": "2025-06-14",
    "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 currency to another. This feature is particularly useful for traders who need to assess the value of their investments in different currencies. By specifying the amount and the currencies involved, users can quickly obtain conversion results.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749880813,
        "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 beneficial for analyzing price trends over specific periods, enabling traders to make data-driven decisions based on historical performance.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-07",
    "end_date": "2025-06-14",
    "base": "USD",
    "rates": {
        "2025-06-07": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-06-14": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature allows users to track changes in metal prices over time, offering insights into market volatility and helping traders adjust their strategies accordingly.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-07",
    "end_date": "2025-06-14",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

Carat Endpoint

The Carat Endpoint allows users to retrieve information about gold rates by carat. This feature is particularly useful for jewelers and consumers looking to understand the value of gold jewelry based on its purity. By appending a base carat value to the endpoint, users can obtain relevant pricing information.

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint enables users to query the API to get the lowest and highest price of gold over a specified period. This information is essential for traders looking to identify market extremes and make informed trading decisions.

{
    "success": true,
    "timestamp": 1749880813,
    "base": "USD",
    "date": "2025-06-14",
    "rates": {
        "XAU": {
            "lowest": 0.000481,
            "highest": 0.000487
        }
    },
    "unit": "per troy ounce"
}

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

The Open/High/Low/Close (OHLC) Price Endpoint provides users with the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis, allowing traders to assess market trends and make predictions based on historical performance.

{
    "success": true,
    "timestamp": 1749880813,
    "base": "USD",
    "date": "2025-06-14",
    "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 valuable for users interested in analyzing long-term trends in metal prices.

API Key and Authentication

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

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

Available Endpoints

The Metals-API comes with a comprehensive list of endpoints, each providing different functionalities. 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 full range of capabilities offered by the API.

Conclusion

The Mysore Gold 24k (MYSO-24k) symbol represents a vital asset in the precious metals market, and the Metals-API provides the tools necessary for developers to access real-time and historical data on gold prices across various currencies. By leveraging the innovative features of the Metals-API, traders and investors can gain valuable insights into market trends, make informed decisions, and optimize their trading strategies.

With endpoints that cover everything from real-time rates to historical data and currency conversion, the Metals-API is an essential resource for anyone involved in precious metals trading. For more information on how to get started, visit the Metals-API Website and explore the extensive Metals-API Documentation to unlock the full potential of this powerful API.