Get Micro Gold Futures (MGC) Price Trends using this API

Get Micro Gold Futures (MGC) Price Trends using this API
In the ever-evolving landscape of financial markets, the demand for precise and timely data has never been greater, especially when it comes to precious metals like gold. The Micro Gold Futures (MGC) offer a unique opportunity for traders to engage with gold markets in a more accessible manner. To effectively track and analyze price trends for MGC, developers can leverage the capabilities of the Metals-API. This powerful API provides comprehensive access to historical prices, real-time data, and various analytical tools that can enhance trading strategies and decision-making processes.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of financial markets, serving as a safe haven during economic uncertainty. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the integration of technology in trading, investors can now access real-time data, enabling them to make informed decisions based on current market conditions.
The innovation in price discovery mechanisms has also been significant. By utilizing advanced algorithms and data analytics, traders can gain insights into market trends, fluctuations, and potential future movements. This is where the Metals-API Documentation becomes invaluable, providing developers with the tools necessary to build next-generation applications that can analyze and visualize gold price trends effectively.
API Description
The Metals-API is designed to empower developers with real-time metals data, enabling them to create applications that can track, analyze, and visualize precious metal prices. With its robust architecture, the API supports a variety of endpoints that cater to different data needs, from real-time rates to historical data analysis.
One of the standout features of the Metals-API is its ability to provide real-time exchange rate data, updated frequently based on the user's subscription plan. This means that developers can integrate live data into their applications, ensuring that users have access to the most current market information. Additionally, the API offers historical rates dating back to 2019, allowing for comprehensive analysis of price trends over time.
For developers looking to build applications that require currency conversion, the Metals-API includes a dedicated endpoint for converting amounts between different metals and currencies. This feature is particularly useful for traders who need to quickly assess the value of their holdings in various formats.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints that cater to different analytical needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for all available metals. Depending on the subscription plan, data can be updated every 60 minutes or even more frequently.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This is essential for traders looking to analyze past performance and make predictions based on historical data.
- Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, which is crucial for traders looking to execute trades at optimal prices.
- Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating easy calculations for traders.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: Track how prices fluctuate between two dates, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and traders dealing in gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, helping traders identify price extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for traders involved in industrial metals.
- API Key: A unique key that is passed into the API base URL's access_key parameter for authentication.
- API Response: Exchange rates are delivered relative to USD, ensuring consistency in data interpretation.
- Available Endpoints: The API comes with 14 endpoints, each providing different functionalities tailored to various trading needs.
- Supported Symbols Endpoint: A constantly updated endpoint returning all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping traders informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1760763671,
"base": "USD",
"date": "2025-10-18",
"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 the rates for various metals, including gold (XAU).
Historical Rates Endpoint
{
"success": true,
"timestamp": 1760677271,
"base": "USD",
"date": "2025-10-17",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates for any specified date, providing valuable insights into past market behavior.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-11",
"end_date": "2025-10-18",
"base": "USD",
"rates": {
"2025-10-11": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-13": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-18": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This endpoint is particularly useful for analyzing trends over a specific period, allowing traders to visualize price movements.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1760763671,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to quickly convert amounts between different metals and currencies, facilitating swift decision-making.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-11",
"end_date": "2025-10-18",
"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"
}
This endpoint provides insights into how prices fluctuate over time, which is essential for understanding market volatility.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1760763671,
"base": "USD",
"date": "2025-10-18",
"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"
}
OHLC data is crucial for traders who rely on technical analysis to make informed trading decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1760763671,
"base": "USD",
"date": "2025-10-18",
"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"
}
This endpoint provides current bid and ask prices, which are essential for executing trades at the best possible prices.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for developers looking to access and analyze precious metals data, particularly for Micro Gold Futures (MGC). By utilizing the various endpoints, developers can create applications that provide real-time insights, historical analysis, and advanced trading functionalities. The ability to access detailed price trends, fluctuations, and conversion capabilities empowers traders to make informed decisions in a fast-paced market.
For more information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. By integrating these powerful tools into your applications, you can stay ahead in the competitive world of precious metals trading.