Get Mumbai Gold 24k (MUMB-24k) Historical Prices for specific date ranges using this API

Introduction

In the ever-evolving landscape of financial markets, the demand for precise and real-time data is paramount, especially when it comes to precious metals like gold. For developers and traders looking to access historical prices for gold, the Metals-API offers a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Mumbai Gold 24k (MUMB-24k) and explore the broader implications of digital transformation in the precious metals market.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth preservation and investment. As a precious metal, its value is influenced by various factors including market demand, geopolitical stability, and economic indicators. The digital transformation in the precious metals sector has led to innovative approaches in trading, data analytics, and market insights. With the integration of technology, traders can now access real-time data, enhancing their decision-making processes.

Digital Transformation in Precious Metals

The advent of digital technologies has revolutionized how precious metals are traded. Traditional methods have been supplemented by advanced platforms that provide real-time data and analytics. The Metals-API exemplifies this transformation, offering developers the tools to build applications that can access historical and current prices, enabling them to make informed trading decisions.

Data Analytics and Market Insights

Data analytics plays a crucial role in understanding market trends and making predictions. By leveraging the historical data available through the Metals-API, developers can analyze price movements, identify patterns, and gain insights into market behavior. This capability is essential for traders looking to optimize their strategies and enhance their trading performance.

Technology Integration in Trading

Integrating technology into trading processes allows for greater efficiency and accuracy. The Metals-API provides various endpoints that facilitate seamless access to metal prices, including the latest rates, historical data, and conversion features. This integration empowers developers to create sophisticated trading applications that can respond to market changes in real-time.

Innovation in Price Discovery

Price discovery is a fundamental aspect of trading that determines the value of assets. The Metals-API enhances this process by providing accurate and timely data, allowing traders to make better-informed decisions. With features like the fluctuation endpoint, users can track how prices change over time, providing a clearer picture of market dynamics.

Digital Asset Solutions

The rise of digital assets has further transformed the landscape of precious metals trading. The Metals-API supports various functionalities that cater to the needs of modern traders, including currency conversion and historical price tracking. This flexibility allows users to adapt to changing market conditions and optimize their trading strategies.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on precious metals. With a user-friendly interface and comprehensive documentation, the API enables seamless integration into applications. The API supports various endpoints, each tailored to provide specific functionalities that enhance the trading experience.

For more detailed information, you can refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to different needs. 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 precious metals, updated every 60 minutes or more frequently depending on your subscription plan. This endpoint is essential for traders who need up-to-the-minute information to make quick decisions.

{
"success": true,
"timestamp": 1769127627,
"base": "USD",
"date": "2026-01-23",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing market trends. The Historical Rates Endpoint allows users to retrieve data dating back to 2019. By appending a specific date to the API call, developers can access past prices and conduct thorough analyses.

{
"success": true,
"timestamp": 1769041227,
"base": "USD",
"date": "2026-01-22",
"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 provides real-time bid and ask prices for metals. This information is vital for traders looking to execute trades at the best possible prices.

{
"success": true,
"timestamp": 1769127627,
"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"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who deal with multiple currencies and need to quickly assess their positions.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769127627,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses over specific periods.

{
"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"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. This information is crucial for traders looking to understand market volatility and make informed decisions.

{
"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"
}

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint provides essential data for traders by offering the open, high, low, and close prices for a specific time period. This information is critical for technical analysis and understanding market trends.

{
"success": true,
"timestamp": 1769127627,
"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"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for traders dealing with industrial metals and looking for historical data.

API Key and Authentication

To access the Metals-API, developers must obtain an API key. This unique key is passed into the API base URL's access_key parameter, ensuring secure access to the data. Proper authentication is crucial for maintaining data integrity and security.

API Response

The Metals-API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications.

Performance Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes efficient data handling, caching frequently accessed data, and managing API rate limits to ensure smooth operation.

Conclusion

The Metals-API is a powerful tool for developers looking to access historical prices for precious metals like Mumbai Gold 24k (MUMB-24k). By leveraging its various endpoints, users can gain valuable insights into market trends, optimize their trading strategies, and make informed decisions. The digital transformation in the precious metals market has opened new avenues for innovation and efficiency, and the Metals-API stands at the forefront of this change.

For more information on the capabilities of the Metals-API, visit the Metals-API Website and explore the Metals-API Supported Symbols for a comprehensive list of available metals.