The Easiest Way to Get Malappuram Gold 18k (MALA-18k) Historical Rates Using API Services
The Easiest Way to Get Malappuram Gold 18k (MALA-18k) Historical Rates Using API Services
In today's fast-paced financial landscape, the demand for real-time data on precious metals, particularly gold, has surged. For developers looking to integrate historical price data into their applications, the Metals-API offers a robust solution. This blog post will guide you through the process of obtaining historical prices for Malappuram Gold 18k (MALA-18k) using the Metals-API, including example endpoints, parameters, and data formats. We will explore the innovative features of the API, its capabilities, and how it can empower developers to create next-generation applications.
About Gold (XAU)
Gold has long been a symbol of wealth and stability. As a precious metal, it plays a crucial role in the global economy, serving as a hedge against inflation and currency fluctuations. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. By leveraging technology, traders can make informed decisions based on real-time data, enhancing their trading strategies.
The Metals-API provides a comprehensive suite of tools that facilitate the integration of gold price data into applications. With features that include real-time rates, historical data, and conversion capabilities, developers can harness the power of data analytics to drive innovation in price discovery and trading.
API Description
The Metals-API is a powerful JSON API that provides access to real-time and historical prices for various metals, including gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). This API is designed for developers who require accurate and timely data for their applications. The API's capabilities include:
- Real-time exchange rates updated frequently based on subscription plans.
- Historical rates dating back to 2019, allowing for extensive data analysis.
- Bid and ask prices for precise trading strategies.
- Currency conversion features to facilitate transactions across different currencies.
- Time-series data for comprehensive trend analysis.
- Fluctuation tracking to monitor price changes over time.
- Carat-specific gold rates for detailed pricing information.
- Open/High/Low/Close (OHLC) data for in-depth market analysis.
- Access to news articles related to metals for informed decision-making.
For more detailed information, you can visit the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Below are some of the key features and how they can be utilized:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, the API can return data updated every 60 minutes or even more frequently. This endpoint is essential for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1764396143,
"base": "USD",
"date": "2025-11-29",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999 using the Historical Rates Endpoint. This feature is particularly useful for developers looking to analyze trends over time or for those who need to provide historical data for compliance or reporting purposes.
{
"success": true,
"timestamp": 1764309743,
"base": "USD",
"date": "2025-11-28",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
The Time-Series Endpoint allows you to query the API for daily historical rates between two dates of your choice. This feature is invaluable for developers who need to analyze price movements over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-22",
"end_date": "2025-11-29",
"base": "USD",
"rates": {
"2025-11-22": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-24": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-29": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows you to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for transactions or reporting.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764396143,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for developers looking to implement features that track price changes and volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-22",
"end_date": "2025-11-29",
"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) Endpoint
The Open/High/Low/Close (OHLC) Price Endpoint allows you to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who need to analyze market trends and make informed decisions.
{
"success": true,
"timestamp": 1764396143,
"base": "USD",
"date": "2025-11-29",
"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
The Bid and Ask Endpoint allows you to retrieve current bid and ask prices for metals. This feature is essential for traders who need to make quick decisions based on market conditions.
{
"success": true,
"timestamp": 1764396143,
"base": "USD",
"date": "2025-11-29",
"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"
}
Authentication and API Key
To access the Metals-API, you will need an API key, which is a unique identifier that allows you to authenticate your requests. This key must be included in the API base URL's access_key parameter. Proper management of your API key is crucial for maintaining security and ensuring that your application functions correctly.
Common Use Cases
The Metals-API can be integrated into various applications, including:
- Trading Platforms: Developers can use the API to provide real-time pricing data, enabling traders to make informed decisions.
- Financial Analysis Tools: Analysts can leverage historical data to identify trends and make predictions about future price movements.
- Portfolio Management Applications: Investors can track the value of their metal investments and receive alerts based on price fluctuations.
Performance Optimization and Security Considerations
When integrating the Metals-API into your applications, consider the following best practices for performance optimization:
- Rate Limiting: Be aware of the API's rate limits based on your subscription plan to avoid throttling.
- Caching: Implement caching strategies to reduce the number of API calls and improve response times.
- Error Handling: Develop robust error handling mechanisms to gracefully manage API errors and ensure a seamless user experience.
Security is paramount when working with APIs. Ensure that your API key is stored securely and never exposed in client-side code. Use HTTPS for all API requests to encrypt data in transit.
Conclusion
The Metals-API offers a powerful solution for developers seeking to integrate historical and real-time pricing data for precious metals like Malappuram Gold 18k (MALA-18k) into their applications. With a wide range of endpoints and features, this API empowers developers to create innovative applications that leverage data analytics and market insights.
By understanding the capabilities of the Metals-API and implementing best practices for performance and security, developers can build robust applications that meet the needs of traders, analysts, and investors alike. For more information, visit the Metals-API Website and explore the Metals-API Supported Symbols for a comprehensive list of available metals.