How to Obtain Mysore Gold 22k (MYSO-22k) Historical Prices using this API

In the world of precious metals, obtaining accurate and timely data is crucial for traders, investors, and developers alike. One of the most sought-after metals is gold, particularly in its 22k form, often referred to as Mysore Gold (MYSO-22k). With the rise of digital transformation in the financial sector, accessing historical prices and market insights has become easier than ever, thanks to innovative solutions like the Metals-API. This blog post will guide you through the process of obtaining historical prices for Mysore Gold using the Metals-API, while also exploring the broader implications of technology integration in trading.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. As a precious metal, it plays a vital role in various sectors, including jewelry, investment, and technology. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. By leveraging advanced technologies, traders can now access real-time data, analyze trends, and make informed decisions.

The integration of technology in trading has revolutionized the way investors interact with the market. With the rise of digital asset solutions, traders can now utilize APIs to access historical data, track price fluctuations, and gain insights into market trends. The Metals-API is at the forefront of this transformation, providing developers with the tools they need to build next-generation applications that can analyze and visualize precious metals data.

Metals-API Overview

The Metals-API is a powerful tool that offers real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API empowers developers to create applications that can retrieve and analyze metal prices, making it an invaluable resource for anyone involved in the precious metals market.

One of the key features of the Metals-API is its ability to provide historical rates dating back to 2019. This allows users to query the API for specific dates and retrieve accurate historical prices for gold and other metals. The API's capabilities extend beyond just historical data; it also offers endpoints for real-time rates, bid and ask prices, currency conversion, and more.

Key Features of Metals-API

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the most notable features:

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 up-to-the-minute information on metal prices.
Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical prices for gold and other metals, making it easier to analyze trends over time.
Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is crucial for traders looking to make informed decisions in the market.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing 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.
Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. This is invaluable for analyzing price movements over specific periods.
Fluctuation Endpoint: Users can retrieve information about how metal prices fluctuate on a day-to-day basis. This feature helps traders understand market volatility and make better trading decisions.
Carat Endpoint: This endpoint provides information about gold rates by carat. Users can easily access data specific to different gold purities, which is essential for jewelers and investors alike.
Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specific date, providing insights into price extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Users can retrieve OHLC data for a specific time period, which is crucial for technical analysis and understanding market trends.
Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing users to analyze long-term trends in metal prices.
API Key: Each user is assigned a unique API key, which is required to access the API's features. This ensures secure and authorized access to the data.
API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format for easy integration.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metal symbols, ensuring users have access to the latest information.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

Understanding API Responses

When interacting with the Metals-API, understanding the structure of the API responses is crucial for effective data utilization. Here are some examples of API responses for different endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1762930850,
    "base": "USD",
    "date": "2025-11-12",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

The response includes a success flag, a timestamp, the base currency, the date of the rates, and the rates for various metals. This structure allows developers to easily parse and utilize the data in their applications.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1762844450,
    "base": "USD",
    "date": "2025-11-11",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical rates for a specific date, allowing users to analyze past price movements. The structure remains consistent, making it easy to integrate into existing systems.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-05",
    "end_date": "2025-11-12",
    "base": "USD",
    "rates": {
        "2025-11-05": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-07": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-12": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides rates for multiple dates, allowing users to visualize trends over time. This is particularly useful for traders looking to identify patterns in price movements.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1762930850,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows the result of converting a specified amount from one metal to another. The query section provides details about the conversion request, while the result section displays the converted amount.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-05",
    "end_date": "2025-11-12",
    "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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period, including both absolute and percentage changes. This information is vital for traders looking to understand market dynamics.

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

{
    "success": true,
    "timestamp": 1762930850,
    "base": "USD",
    "date": "2025-11-12",
    "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 open, high, low, and close prices for a specific date, which is essential for technical analysis and understanding market trends.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1762930850,
    "base": "USD",
    "date": "2025-11-12",
    "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"
}

The bid/ask response provides current bid and ask prices for metals, along with the spread. This information is crucial for traders looking to execute trades at the best possible prices.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into your applications can open up a world of possibilities for data analysis and trading strategies. Here are some practical use cases:

Real-Time Trading Applications: Developers can build applications that utilize the latest rates endpoint to provide real-time trading information to users. This can help traders make informed decisions based on current market conditions.
Historical Data Analysis: By leveraging the historical rates endpoint, analysts can create reports and visualizations that showcase price trends over time. This is particularly useful for identifying long-term investment opportunities.
Automated Trading Bots: Developers can create automated trading bots that utilize the fluctuation and bid/ask endpoints to execute trades based on predefined criteria. This can help traders capitalize on market movements without manual intervention.
Portfolio Management Tools: By integrating the Metals-API, developers can create portfolio management tools that track the performance of various metals in real-time, providing users with insights into their investments.
Market Analysis Dashboards: Developers can build dashboards that aggregate data from the Metals-API to provide users with a comprehensive view of the precious metals market, including news, trends, and price movements.

Security Considerations

When integrating the Metals-API into your applications, it is essential to consider security best practices. Here are some recommendations:

API Key Management: Ensure that your API key is kept secure and not exposed in public repositories or client-side code. Use environment variables or secure storage solutions to manage your API key.
Rate Limiting: Be mindful of the API's rate limits and implement strategies to handle rate limiting gracefully. This may include caching responses or implementing exponential backoff strategies for retries.
Error Handling: Implement robust error handling to manage API errors and provide meaningful feedback to users. This includes handling common error codes and providing fallback mechanisms.
Data Validation: Validate all input data before sending requests to the API to prevent injection attacks and ensure data integrity.
Secure Connections: Always use HTTPS to encrypt data in transit and protect sensitive information from eavesdropping.

Conclusion

In conclusion, obtaining historical prices for Mysore Gold (MYSO-22k) using the Metals-API is a straightforward process that can significantly enhance your trading strategies and market insights. The API's robust features, including real-time rates, historical data, and advanced endpoints, empower developers to create innovative applications that leverage precious metals data.

As the digital transformation in the financial sector continues to evolve, the integration of technology in trading will only become more critical. By utilizing the Metals-API, you can stay ahead of the curve and make informed decisions based on accurate and timely data.

For more information on how to get started with the Metals-API, check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Start harnessing the power of real-time metals data today!

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How to Obtain Mysore Gold 22k (MYSO-22k) Historical Prices using this API