Get Accurate Madurai Gold 24k (MADU-24k) Prices in All Major Currencies with this API
Get Accurate Madurai Gold 24k (MADU-24k) Prices in All Major Currencies with this API
In today's fast-paced financial landscape, having access to real-time data is crucial for businesses and developers alike. The Metals-API provides accurate Madurai Gold 24k (MADU-24k) prices in various currencies, empowering developers to create innovative applications that can transform the way precious metals are traded and analyzed. This blog post will delve into how the Metals-API works, its key features, and potential business applications, particularly focusing on gold (XAU) and its significance in the global market.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset and a store of value. In the context of digital transformation, the trading of gold is evolving rapidly. The integration of data analytics and market insights allows traders to make informed decisions based on real-time data. The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to access accurate gold prices and historical data.
With the rise of technology in trading, the Metals-API offers innovative solutions for price discovery and digital asset management. By leveraging real-time metals data, businesses can enhance their trading strategies, optimize their operations, and ultimately drive profitability. The API's capabilities extend beyond mere price retrieval; it enables developers to build next-generation applications that can analyze trends, forecast prices, and automate trading processes.
API Description
The Metals-API is designed to provide developers with comprehensive access to real-time and historical metals data. Its innovative architecture allows for seamless integration into various applications, enabling businesses to harness the power of accurate pricing information. The API supports multiple endpoints, each tailored to specific functionalities, ensuring that developers can retrieve the data they need efficiently.
For instance, the Latest Rates Endpoint delivers real-time exchange rate data for gold and other metals, updated every 60 minutes or more frequently, depending on the subscription plan. This feature is essential for businesses that require up-to-the-minute pricing information to make timely trading decisions.
Moreover, the Historical Rates Endpoint allows users to access historical exchange rates dating back to 2019. This capability is invaluable for conducting market analysis and understanding price trends over time. By appending a specific date to the API request, developers can retrieve historical data that can inform their trading strategies.
The Bid and Ask Endpoint is another powerful feature that provides real-time bid and ask prices for metals. This information is crucial for traders looking to execute orders at optimal prices. The spread between bid and ask prices can also offer insights into market liquidity and trading costs.
For businesses that require currency conversion, the Convert Endpoint allows users to convert any amount from one currency to another, facilitating transactions across different markets. This feature is particularly useful for international traders dealing with multiple currencies.
The Time-Series Endpoint enables users to query daily historical rates between two dates, providing a comprehensive view of price movements over time. This data can be instrumental in analyzing market trends and making informed trading decisions.
Additionally, the Fluctuation Endpoint tracks rate fluctuations between two dates, offering insights into market volatility. Understanding how prices fluctuate can help traders manage risk and optimize their trading strategies.
The Carat Endpoint provides information about gold rates by carat, allowing users to obtain precise pricing based on the purity of gold. This feature is particularly relevant for jewelers and businesses dealing in gold jewelry.
For those interested in price extremes, the Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices within a specified timeframe. This information can be critical for identifying market trends and making strategic trading decisions.
The Open/High/Low/Close (OHLC) Price Endpoint provides detailed price data for a specific time period, including opening, high, low, and closing prices. This data is essential for technical analysis and understanding market behavior.
Furthermore, the Historical LME Endpoint offers access to historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis and decision-making.
To utilize the Metals-API, developers must obtain an API Key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and authorization, ensuring secure access to the API's features.
The API's response structure is designed to deliver exchange rates relative to USD by default, with all data returned in a consistent format. This uniformity simplifies data handling and integration into various applications.
For a complete list of supported symbols, developers can refer to the Metals-API Supported Symbols page, which provides detailed specifications for each metal symbol.
Key Features and Endpoints
The Metals-API boasts a wide range of features that cater to the needs of developers and businesses in the precious metals market. Here are some of the key features and their potential applications:
- Latest Rates Endpoint: Retrieve real-time exchange rates for all available metals, enabling businesses to make informed trading decisions.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019, allowing for comprehensive market analysis.
- Bid and Ask Endpoint: Get current bid and ask prices for metals, essential for executing trades at optimal prices.
- Convert Endpoint: Convert amounts between different currencies, facilitating international transactions.
- Time-Series Endpoint: Query daily historical rates between two dates, providing insights into price movements over time.
- Fluctuation Endpoint: Track rate fluctuations between two dates, helping traders manage risk and volatility.
- Carat Endpoint: Retrieve gold rates by carat, relevant for jewelers and businesses dealing in gold jewelry.
- Lowest/Highest Price Endpoint: Query for the lowest and highest prices within a specified timeframe, aiding in market trend analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed price data for a specific time period, crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing valuable data for analysis.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding the API's response structure is essential for effective integration. Here are some examples of the API responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1771287819,
"base": "USD",
"date": "2026-02-17",
"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"
}
This response indicates a successful request, providing the latest exchange rates for various metals, including gold (XAU).
Historical Rates Endpoint
{
"success": true,
"timestamp": 1771201419,
"base": "USD",
"date": "2026-02-16",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows historical rates for gold and other metals, allowing users to analyze past market behavior.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-02-10",
"end_date": "2026-02-17",
"base": "USD",
"rates": {
"2026-02-10": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-12": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-17": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series view of gold prices, enabling users to track price movements over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771287819,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response illustrates how to convert an amount from USD to gold (XAU), providing the equivalent in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-10",
"end_date": "2026-02-17",
"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"
}
This response provides insights into how gold prices have fluctuated over a specified period, helping traders assess market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1771287819,
"base": "USD",
"date": "2026-02-17",
"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 response provides detailed OHLC data for gold and other metals, which is essential for conducting technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1771287819,
"base": "USD",
"date": "2026-02-17",
"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"
}
This response provides current bid and ask prices for metals, which are crucial for executing trades effectively.
Conclusion
The Metals-API is a powerful tool for developers looking to access accurate Madurai Gold 24k (MADU-24k) prices and other precious metals data in real-time. By leveraging its extensive features, businesses can enhance their trading strategies, optimize operations, and gain valuable market insights. The API's capabilities, including real-time pricing, historical data access, and advanced analytical tools, empower developers to create innovative applications that can transform the precious metals trading landscape.
For more information on how to implement the Metals-API in your applications, refer to the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols page to understand the full range of available metal symbols. By harnessing the power of real-time metals data, you can stay ahead in the competitive world of precious metals trading.