How to retrieve Madurai Gold 22k (MADU-22k) prices with your API integration

How to Retrieve Madurai Gold 22k (MADU-22k) Prices with Your API Integration

In the rapidly evolving world of precious metals trading, having access to real-time data is crucial for making informed decisions. This is especially true for gold, represented by the symbol XAU, which is a significant asset in many markets, including the Madurai Gold 22k (MADU-22k) prices. In this blog post, we will delve into how you can leverage the Metals-API to retrieve gold prices and other valuable data, enhancing your trading strategies and market insights.

Metals-API Information

The Metals-API is a powerful tool that provides developers with real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API is designed to facilitate the integration of metals pricing data into applications, enabling users to access crucial information for trading and investment decisions.

About Gold (XAU)

Gold has long been a symbol of wealth and stability, and its value is influenced by various factors, including market demand, geopolitical events, and economic indicators. The digital transformation in precious metals trading has opened new avenues for data analytics and market insights. With the rise of technology integration in trading, developers can now harness the power of real-time data to innovate price discovery and create digital asset solutions.

As the market for gold evolves, the need for accurate and timely information becomes paramount. The Metals-API provides a comprehensive suite of features that empower developers to build next-generation applications capable of delivering real-time gold prices, historical data, and analytical insights.

API Description

The Metals-API offers a range of capabilities that are essential for developers looking to integrate metals pricing data into their applications. With a focus on innovation and technological advancement, this API transforms how users access and utilize real-time metals data.

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 ensures that developers can access the latest market information, enabling them to make informed decisions quickly.

For those interested in historical data, the Metals-API allows users to query historical rates dating back to 2019, providing a wealth of information for analysis and trend identification. This feature is particularly useful for developers looking to build applications that require historical context for pricing trends.

Additionally, the API includes endpoints for bid and ask prices, currency conversion, time-series data, and fluctuation tracking, among others. Each of these endpoints serves a unique purpose, allowing developers to create tailored solutions for their specific needs.

Key Features and Endpoints

The Metals-API is equipped with several key features that enhance its functionality:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for metals, updated every 60 minutes or more frequently. This is crucial for developers needing the latest pricing information.
• Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is essential for trend analysis.
• Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The conversion endpoint enables users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for detailed analysis of price movements over time.
• Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: Access gold rates by carat, which is particularly useful for jewelers and traders dealing in various gold purities.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified period, helping traders identify market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for those trading in industrial metals.
• API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
• API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
• Available Endpoints: The Metals-API features multiple endpoints, each providing different functionalities tailored to user needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring users have access to the latest symbol information.
• Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in the Indian market.
• News Endpoint: Stay updated with the latest news articles related to various metals, providing context for market movements.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1749261726,
    "base": "USD",
    "date": "2025-06-07",
    "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

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1749175326,
    "base": "USD",
    "date": "2025-06-06",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "base": "USD",
    "rates": {
        "2025-05-31": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-02": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-07": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749261726,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "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"
}

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1749261726,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1749261726,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

Conclusion

In conclusion, the Metals-API offers a comprehensive and innovative solution for developers looking to integrate precious metals pricing data into their applications. By leveraging the various endpoints available, such as the latest rates, historical rates, and conversion features, developers can create powerful tools that provide real-time insights into the gold market, including Madurai Gold 22k (MADU-22k) prices.

With the ability to track fluctuations, access OHLC data, and retrieve bid and ask prices, the Metals-API empowers users to make informed trading decisions based on accurate and timely information. For more detailed information, developers can refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

As the landscape of precious metals trading continues to evolve, embracing technology and data analytics will be key to staying ahead in the market. By integrating the Metals-API into your applications, you can unlock the full potential of real-time metals data and enhance your trading strategies.