Discover Mangalore Gold 24k (MANG-24k) Historical Prices through this API

Discover Mangalore Gold 24k (MANG-24k) Historical Prices through this API
In the ever-evolving landscape of precious metals trading, understanding the historical prices of gold, particularly Mangalore Gold 24k (MANG-24k), is crucial for investors and traders alike. The Metals-API provides a powerful tool for accessing real-time and historical data on gold prices, enabling developers to create innovative applications that leverage this information. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices and the transformative potential of integrating such data into your trading strategies.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. Its value is influenced by various factors, including market demand, geopolitical stability, and economic indicators. In recent years, the digital transformation in precious metals trading has revolutionized how investors access and analyze gold prices. With the advent of data analytics and technology integration, traders can now gain deeper insights into market trends and make informed decisions.
The integration of technology in trading has led to innovative approaches in price discovery. By utilizing advanced algorithms and real-time data, traders can identify patterns and fluctuations in gold prices, allowing for more strategic investment decisions. Furthermore, digital asset solutions have emerged, enabling seamless transactions and enhanced security in trading gold.
Metals-API: A Gateway to Historical Prices
The Metals-API is a robust platform that provides developers with access to a wealth of information regarding precious metals, including gold. With its comprehensive suite of features, the API empowers users to build next-generation applications that can analyze historical prices, track fluctuations, and convert currencies with ease. The Metals-API Website serves as a central hub for accessing this valuable data.
One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This is particularly useful for developers looking to analyze trends over time or for investors who want to understand how gold prices have evolved. By appending a specific date to the API request, users can retrieve historical rates for gold and other metals, allowing for detailed analysis and reporting.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key 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 allows traders to stay informed about the latest market movements.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This endpoint is invaluable for analyzing past performance and making predictions based on historical data.
- Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, enabling comprehensive analysis over specific periods.
- Fluctuation Endpoint: This endpoint provides information about how currencies fluctuate on a day-to-day basis, helping traders understand market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and consumers alike.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, aiding in performance analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for those trading industrial metals.
- API Key: Your unique API key is required for authentication, ensuring secure access to the API.
- API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for local investors.
- News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.
Understanding API Responses
When working with the Metals-API, understanding the structure of API responses is crucial for effective implementation. Here are some examples of the JSON responses you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1747540817,
"base": "USD",
"date": "2025-05-18",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
The response includes a success flag, a timestamp, the base currency, the date of the rates, and a list of rates for various metals. Each rate is expressed in terms of troy ounces, which is the standard measurement for precious metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1747454417,
"base": "USD",
"date": "2025-05-17",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical exchange rates for any date since 2019. The response structure is similar to the latest rates endpoint, providing a clear view of past prices.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-05-11",
"end_date": "2025-05-18",
"base": "USD",
"rates": {
"2025-05-11": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-05-13": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-18": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint provides a detailed view of exchange rates over a specified period, allowing for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1747540817,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint is particularly useful for traders looking to convert amounts between different metals or currencies. The response includes the conversion rate and the result of the conversion.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-11",
"end_date": "2025-05-18",
"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 specific period, which is essential for understanding market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1747540817,
"base": "USD",
"date": "2025-05-18",
"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 endpoint is crucial for traders who rely on technical analysis, as it provides the open, high, low, and close prices for a specific date.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1747540817,
"base": "USD",
"date": "2025-05-18",
"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 endpoint provides critical information for traders, allowing them to understand market liquidity and make informed trading decisions.
Common Use Cases and Integration Strategies
Integrating the Metals-API into your applications can unlock numerous possibilities. Here are some common use cases:
- Investment Analysis: Investors can use historical price data to analyze trends and make informed decisions about buying or selling gold.
- Market Research: Researchers can leverage the API to gather data for academic studies or market reports, providing insights into price movements and market dynamics.
- Trading Bots: Developers can create automated trading bots that utilize real-time data from the API to execute trades based on predefined strategies.
- Portfolio Management: Financial advisors can integrate the API into portfolio management tools to provide clients with up-to-date information on their investments in precious metals.
Performance Optimization and Security Considerations
When integrating the Metals-API, it is essential to consider performance optimization and security best practices. Here are some strategies:
- Rate Limiting: Be aware of the API's rate limits based on your subscription plan. Implement caching strategies to reduce the number of API calls and improve performance.
- Data Validation: Ensure that all data received from the API is validated and sanitized before use to prevent security vulnerabilities.
- Error Handling: Implement robust error handling to manage API errors gracefully and provide users with meaningful feedback.
- Secure API Key Management: Store your API key securely and avoid exposing it in client-side code to prevent unauthorized access.
Conclusion
The Metals-API offers a comprehensive solution for accessing historical prices and real-time data for precious metals, including Mangalore Gold 24k (MANG-24k). By leveraging the API's capabilities, developers can create innovative applications that enhance trading strategies, provide valuable market insights, and facilitate seamless transactions.
With features such as historical rates, bid/ask pricing, and currency conversion, the Metals-API empowers users to make informed decisions in the dynamic world of precious metals trading. For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.
As the digital landscape continues to evolve, integrating real-time metals data into your applications will be crucial for staying competitive in the market. Embrace the power of the Metals-API and unlock the potential of historical price analysis today.