How to Get Real-Time Mysore Gold 24k (MYSO-24k) Prices with Metals-API

How to Get Real-Time Mysore Gold 24k (MYSO-24k) Prices with Metals-API

Metals-API. We will explore the capabilities of this powerful API, provide step-by-step instructions, and showcase example API calls to help you integrate real-time gold pricing into your applications.

Understanding Gold (XAU)

Metals-API Documentation, you can explore various endpoints that cater to different needs, from retrieving the latest rates to accessing historical data.

Getting Started with Metals-API

Key Features of Metals-API

• Latest Rates Endpoint: This endpoint returns real-time exchange rate data for precious metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This is essential for obtaining the most current gold prices.
• Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your API call. This feature is valuable for analyzing past market trends and making informed predictions.
• Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to understand market sentiment and make timely decisions.
• Convert Endpoint: This endpoint enables you to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing insights into price movements over time.
• Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, helping you understand market volatility.
• Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in specific gold qualities.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, 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.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

Example API Calls

Latest Rates Endpoint

GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY&base=USD&symbols=XAU

{
    "success": true,
    "timestamp": 1755648335,
    "base": "USD",
    "date": "2025-08-20",
    "rates": {
        "XAU": 0.000482
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2025-08-19&base=USD&symbols=XAU

{
    "success": true,
    "timestamp": 1755561935,
    "base": "USD",
    "date": "2025-08-19",
    "rates": {
        "XAU": 0.000485
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2025-08-13&end_date=2025-08-20&base=USD&symbols=XAU

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-08-13",
    "end_date": "2025-08-20",
    "base": "USD",
    "rates": {
        "2025-08-13": {
            "XAU": 0.000485
        },
        "2025-08-20": {
            "XAU": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAU&amount=1000

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1755648335,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2025-08-13&end_date=2025-08-20&base=USD&symbols=XAU

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-13",
    "end_date": "2025-08-20",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

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

GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2025-08-20&base=USD&symbols=XAU

{
    "success": true,
    "timestamp": 1755648335,
    "base": "USD",
    "date": "2025-08-20",
    "rates": {
        "XAU": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY&base=USD&symbols=XAU

{
    "success": true,
    "timestamp": 1755648335,
    "base": "USD",
    "date": "2025-08-20",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Common Use Cases

• Trading Platforms: Integrate real-time gold prices into trading platforms to provide users with up-to-date information for making informed decisions.
• Market Analysis Tools: Develop analytical tools that leverage historical and real-time data to identify trends and forecast future price movements.
• Financial Applications: Build applications that require accurate gold pricing for investment portfolios, risk management, and asset allocation.

Performance Optimization and Security Considerations

• Rate Limiting: Be mindful of the API's rate limits based on your subscription plan. Implement caching mechanisms to reduce the number of API calls and improve response times.
• Error Handling: Implement robust error handling to manage API response errors gracefully. Ensure your application can recover from failures and provide users with meaningful feedback.
• Data Validation: Validate all incoming data to prevent injection attacks and ensure data integrity.
• Secure API Key Storage: Store your API key securely and avoid exposing it in client-side code. Use environment variables or secure vaults for sensitive information.

Conclusion

Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.