Retrieve Mysore Gold 22k (MYSO-22k) prices using this API

Retrieve Mysore Gold 22k (MYSO-22k) Prices Using This API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and traders alike. The Mysore Gold 22k (MYSO-22k) prices can be efficiently retrieved using the Metals-API, a powerful tool that provides comprehensive data on various metals including gold, silver, platinum, and palladium. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can transform the way developers interact with precious metals data.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of financial markets, serving as a safe haven asset and a hedge against inflation. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, developers can leverage real-time data to innovate price discovery and enhance trading strategies.

The Metals-API empowers developers to build next-generation applications by providing real-time access to gold prices and other metal data. This API not only facilitates the retrieval of current market rates but also offers historical data, allowing for comprehensive analysis and informed decision-making. The integration of digital asset solutions further enhances the trading experience, making it essential for developers to understand how to utilize this API effectively.

API Description

The Metals-API is designed to provide developers with the tools necessary to access real-time and historical data on various metals. Its capabilities include:

Real-time exchange rates updated frequently based on subscription plans.
Historical rates dating back to 2019 for in-depth market analysis.
Bid and ask prices for precise trading strategies.
Currency conversion capabilities for seamless transactions.
Time-series data for tracking price movements over specific periods.
Fluctuation data to understand market volatility.
Carat-specific gold rates for tailored applications.
Lowest and highest price queries for strategic trading insights.
Open, high, low, and close (OHLC) price data for comprehensive market analysis.
Access to news articles related to metals for staying updated on market trends.

For detailed documentation on how to implement these features, developers can refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs in the precious metals market. 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 data can be updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need up-to-the-minute information to make informed decisions.

{
    "success": true,
    "timestamp": 1762560064,
    "base": "USD",
    "date": "2025-11-08",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for understanding market trends. The Historical Rates Endpoint allows developers to query rates for most currencies dating back to 2019. By appending a specific date to the API call, users can retrieve past data for analysis.

{
    "success": true,
    "timestamp": 1762473664,
    "base": "USD",
    "date": "2025-11-07",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "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 is particularly useful for traders looking to execute orders at the best possible prices.

{
    "success": true,
    "timestamp": 1762560064,
    "base": "USD",
    "date": "2025-11-08",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "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 essential for traders who deal in multiple currencies and need to quickly assess the value of their holdings.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1762560064,
        "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 is particularly useful for analyzing trends over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-01",
    "end_date": "2025-11-08",
    "base": "USD",
    "rates": {
        "2025-11-01": {
            "XAU": 0.000485
        },
        "2025-11-08": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This data is vital for traders looking to understand market volatility and make strategic decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-01",
    "end_date": "2025-11-08",
    "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 traders dealing in various purities of gold.

{
    "success": true,
    "carat": {
        "22k": 0.000482
    },
    "unit": "per troy ounce"
}

Lowest/Highest Price Endpoint

The Lowest/Highest Price Endpoint allows users to query the API to get the lowest and highest price for a specified date. This is essential for traders looking to identify market extremes.

{
    "success": true,
    "lowest": {
        "XAU": 0.000475
    },
    "highest": {
        "XAU": 0.000490
    },
    "unit": "per troy ounce"
}

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and understanding market trends.

{
    "success": true,
    "timestamp": 1762560064,
    "base": "USD",
    "date": "2025-11-08",
    "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 useful for traders focused on industrial metals.

{
    "success": true,
    "timestamp": 1762473664,
    "base": "USD",
    "date": "2025-11-07",
    "rates": {
        "XCU": 0.294118
    },
    "unit": "per troy ounce"
}

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.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers and traders in the precious metals market. Its extensive features, including real-time rates, historical data, and various endpoints for specific needs, empower users to make informed decisions and enhance their trading strategies. By leveraging this API, developers can create innovative applications that provide real-time insights and analytics, ultimately transforming the way precious metals are traded. For further exploration of the API's capabilities, visit the Metals-API Website and dive into the Metals-API Documentation for detailed implementation guidance.

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Retrieve Mysore Gold 22k (MYSO-22k) prices using this API