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Use this API to Retrieve Malappuram Gold 22k (M

Use this API to Retrieve Malappuram Gold 22k (M

Use this API to Retrieve Malappuram Gold 22k (M

In the world of precious metals trading, the ability to access real-time and historical data is crucial for making informed decisions. For developers looking to integrate gold price data into their applications, the Metals-API offers a powerful solution. This blog post will explore how to use the Metals-API to retrieve historical prices for Malappuram Gold 22k, focusing on the symbol XAU, which represents gold. We will delve into the API's capabilities, its innovative features, and how it can transform the way developers interact with precious metals data.

About Gold (XAU)

Gold, represented by the symbol XAU, has been a symbol of wealth and a standard for currency for centuries. In recent years, the digital transformation in precious metals has revolutionized how traders and investors access and analyze gold prices. With the rise of data analytics and market insights, developers can leverage technology to create applications that provide real-time updates and historical data on gold prices.

The integration of technology in trading has led to innovative solutions for price discovery. Developers can now build applications that utilize real-time data from the Metals-API to track fluctuations in gold prices, analyze trends, and make informed trading decisions. The API empowers developers to create digital asset solutions that cater to the needs of investors and traders alike.

Metals-API Overview

The Metals-API is a comprehensive JSON API that provides access to real-time and historical prices for various metals, including gold, silver, platinum, and palladium. The API is designed for developers who require accurate and timely data to enhance their applications. With a focus on innovation and technological advancement, the Metals-API enables users to build next-generation applications that can analyze market trends and provide valuable insights.

For more information about the API's features and capabilities, you can visit the Metals-API Website or check the Metals-API Documentation.

Key Features of Metals-API

The Metals-API offers a variety of endpoints that provide different functionalities for accessing metal prices. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about the latest market prices.

{
"success": true,
"timestamp": 1770077929,
"base": "USD",
"date": "2026-02-03",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data for analysis and reporting.

{
"success": true,
"timestamp": 1769991529,
"base": "USD",
"date": "2026-02-02",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals. This feature is particularly useful for traders who need to know the current market spread to make informed buying and selling decisions.

{
"success": true,
"timestamp": 1770077929,
"base": "USD",
"date": "2026-02-03",
"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 applications that require currency conversion for pricing or reporting purposes.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770077929,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for analyzing trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-27",
"end_date": "2026-02-03",
"base": "USD",
"rates": {
"2026-01-27": {
"XAU": 0.000485
},
"2026-02-03": {
"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 feature is useful for traders looking to understand market volatility and make strategic decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-27",
"end_date": "2026-02-03",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}

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

The OHLC Price Endpoint allows users to query the API for the 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": 1770077929,
"base": "USD",
"date": "2026-02-03",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 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 feature is beneficial for traders looking to identify price extremes over a given period.

{
"success": true,
"timestamp": 1770077929,
"base": "USD",
"date": "2026-02-03",
"rates": {
"XAU": {
"lowest": 0.000481,
"highest": 0.000487
}
},
"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 developers working with industrial metals.

Understanding API Responses

When working with the Metals-API, understanding the structure of API responses is crucial for effective integration. Each response typically includes a success status, a timestamp, the base currency, and the rates for the requested metals. Here’s a breakdown of the key fields:

  • success: Indicates whether the API request was successful.
  • timestamp: The time at which the data was retrieved.
  • base: The base currency for the exchange rates.
  • date: The date for which the rates are applicable.
  • rates: An object containing the exchange rates for the requested metals.
  • unit: The unit of measurement for the rates (typically per troy ounce).

Common Use Cases

The Metals-API can be utilized in various applications, including:

  • Trading Platforms: Integrate real-time and historical gold prices to enable traders to make informed decisions.
  • Financial Analysis Tools: Use historical data to analyze trends and forecast future prices.
  • Investment Applications: Provide users with the ability to track their investments in precious metals.

Best Practices for Using Metals-API

When integrating the Metals-API into your applications, consider the following best practices:

  • Rate Limiting: Be aware of your subscription plan's rate limits to avoid exceeding the allowed number of requests.
  • Error Handling: Implement robust error handling to manage API response errors gracefully.
  • Data Caching: Cache frequently accessed data to reduce the number of API calls and improve performance.

Conclusion

The Metals-API provides a powerful solution for developers looking to access real-time and historical gold prices. With its innovative features and comprehensive endpoints, the API empowers users to build applications that can analyze market trends and provide valuable insights. By leveraging the capabilities of the Metals-API, developers can create tools that enhance the trading experience and facilitate informed decision-making.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols page for a complete list of available metals. Embrace the future of precious metals trading with the Metals-API and unlock the potential of real-time data in your applications.

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