Extract Historical Data for Madurai Gold 24k (MADU-24k) Prices with this API

In the ever-evolving landscape of precious metals trading, having access to reliable and real-time data is crucial for making informed decisions. For developers and traders interested in the historical prices of Madurai Gold 24k (MADU-24k), the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to extract historical data for gold prices, while also exploring the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a symbol of wealth and stability. In recent years, the digital transformation of precious metals has opened new avenues for trading and investment. With the integration of data analytics and technology, traders can now gain deeper insights into market trends and price movements. The innovation in price discovery processes allows for more accurate valuations, while digital asset solutions provide new ways to invest in gold.

The Metals-API stands at the forefront of this transformation, offering developers the tools needed to build next-generation applications that leverage real-time metals data. By utilizing the API, developers can access a wealth of information, including historical prices, current rates, and market fluctuations, all of which are essential for making strategic trading decisions.

API Description

The Metals-API is a powerful tool designed to provide comprehensive data on precious metals. It empowers developers to create applications that can access real-time and historical data, enabling them to analyze trends and make informed decisions. The API is built with innovation in mind, offering a range of endpoints that cater to various needs, from retrieving the latest rates to accessing historical data dating back to 2019.

For more information, you can visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, each designed to meet specific needs of developers and traders alike. Below are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated at intervals ranging from every 60 minutes to every 10 minutes. This feature is essential for traders who need to stay updated on market fluctuations.
Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices, providing insights into market liquidity and helping traders make better decisions.
Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one currency to another, facilitating transactions across different markets.
Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice, making it easier to analyze trends over specific periods.
Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, giving you insights into market volatility and helping you strategize your trading approach.
Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and those involved in the retail of gold products.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, allowing you to identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Get the 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, providing a broader context for market analysis.
API Key: Your unique API key is essential for accessing the API and must be included in your requests to authenticate your access.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities, ensuring comprehensive coverage of metals data.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, allowing you to stay informed about the latest additions.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you updated on market developments.

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.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1769127754,
"base": "USD",
"date": "2026-01-23",
"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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
"success": true,
"timestamp": 1769041354,
"base": "USD",
"date": "2026-01-22",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-16",
"end_date": "2026-01-23",
"base": "USD",
"rates": {
"2026-01-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-23": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769127754,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-16",
"end_date": "2026-01-23",
"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

Get OHLC data for a specific time period.

{
"success": true,
"timestamp": 1769127754,
"base": "USD",
"date": "2026-01-23",
"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

Get current bid and ask prices for metals.

{
"success": true,
"timestamp": 1769127754,
"base": "USD",
"date": "2026-01-23",
"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"
}

Conclusion

In conclusion, the Metals-API provides a comprehensive and innovative solution for developers and traders looking to access historical data for Madurai Gold 24k (MADU-24k) prices. With its wide array of endpoints, including the latest rates, historical rates, and fluctuation tracking, the API empowers users to make informed decisions based on real-time and historical data.

As the digital transformation of precious metals continues, leveraging tools like the Metals-API will be essential for staying competitive in the market. By integrating these capabilities into applications, developers can enhance their offerings and provide valuable insights to traders. For further exploration of the API's features, refer to the Metals-API Documentation and stay updated with the latest developments in the precious metals market.

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Extract Historical Data for Madurai Gold 24k (MADU-24k) Prices with this API