Get Malappuram Gold 22k (MALA-22k) prices with real-time updates from this API
Get Malappuram Gold 22k (MALA-22k) Prices with Real-Time Updates from this API
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions, especially in the precious metals market. The Metals-API provides an innovative solution for developers looking to integrate real-time gold prices, including the Malappuram Gold 22k (MALA-22k), into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on its features, endpoints, and how it can transform the way you interact with gold pricing data.
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of wealth and investment. As a precious metal, it plays a significant role in global finance, 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, allowing traders and investors to make more informed decisions.
The integration of technology in trading has revolutionized price discovery, enabling real-time updates and analytics that were previously unavailable. With the rise of digital asset solutions, the demand for accurate and timely gold pricing data has surged. This is where the Metals-API comes into play, offering developers the tools they need to build next-generation applications that leverage real-time metals data.
API Description
The Metals-API is a powerful tool that provides real-time and historical data for various metals, including gold, silver, platinum, and palladium. It empowers developers to create applications that can track prices, analyze trends, and make data-driven decisions. The API's capabilities include:
- Real-time exchange rate data for metals
- Historical rates dating back to 2019
- Bid and ask prices for precise trading
- Currency conversion for seamless transactions
- Time-series data for trend analysis
- Fluctuation tracking to monitor price changes
- Carat-specific gold rates for detailed insights
- Open, high, low, and close (OHLC) price data for comprehensive market analysis
- Access to news articles related to metals for informed decision-making
For more detailed information, you can visit the Metals-API Documentation and explore the Metals-API Supported Symbols.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs in the precious metals market. Here’s a closer look at some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for traders who need the most current pricing information to make timely decisions.
{
"success": true,
"timestamp": 1747101615,
"base": "USD",
"date": "2025-05-13",
"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
Accessing historical rates is crucial for analyzing trends and making predictions. The Historical Rates Endpoint allows you to query rates for most currencies dating back to 2019. This feature is invaluable for developers looking to build applications that require historical data analysis.
{
"success": true,
"timestamp": 1747015215,
"base": "USD",
"date": "2025-05-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables you to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to execute buy and sell orders at the best possible prices.
{
"success": true,
"timestamp": 1747101615,
"base": "USD",
"date": "2025-05-13",
"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"
}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.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1747101615,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}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 essential for developers looking to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-05-06",
"end_date": "2025-05-13",
"base": "USD",
"rates": {
"2025-05-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-05-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-13": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"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 tracking market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-06",
"end_date": "2025-05-13",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The 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 analyze price movements and trends.
{
"success": true,
"timestamp": 1747101615,
"base": "USD",
"date": "2025-05-13",
"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"
}Carat Endpoint
The Carat Endpoint allows you to retrieve information about gold rates by carat. This feature is particularly useful for jewelers and consumers looking to understand the value of gold in different purities.
Lowest/Highest Price Endpoint
The Lowest/Highest Price Endpoint enables you to query the API to get the lowest and highest price of metals over a specified period. This information is essential for traders looking to identify market extremes.
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is valuable for developers needing comprehensive historical data for analysis.
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 Symbols page.
Conclusion
The Metals-API is a transformative tool for developers looking to integrate real-time and historical data for precious metals into their applications. With features like real-time exchange rates, historical data access, and various endpoints for specific needs, it empowers users to make informed decisions in the precious metals market. By leveraging this API, developers can create innovative applications that enhance trading strategies and provide valuable insights into market trends.
For more information about the capabilities of the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage.