Monitor Malappuram Gold 22k (MALA-22k) prices using this API
Monitor Malappuram Gold 22k (MALA-22k) Prices Using This API
In today's digital age, the ability to monitor precious metal prices in real-time is crucial for investors, traders, and developers alike. The Metals-API provides a robust solution for tracking the prices of various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to monitor the prices of Malappuram Gold 22k (MALA-22k) effectively.
Metals-API Information
About Gold (XAU)
Gold has long been a symbol of wealth and stability, and its digital transformation is reshaping how investors interact with this precious metal. The integration of data analytics and market insights into trading platforms allows for more informed decision-making. With the rise of technology in trading, innovations in price discovery are becoming increasingly important. The Metals-API stands at the forefront of this transformation, providing developers with the tools needed to create next-generation applications that can track and analyze gold prices in real-time.
As the demand for digital asset solutions grows, the Metals-API offers a comprehensive suite of features that empower users to access real-time and historical data on gold prices. This capability is essential for those looking to invest in gold or monitor its market trends, especially in regions like Malappuram where local gold prices can fluctuate significantly.
API Description
The Metals-API Website provides a powerful platform for accessing real-time metals data. This API is designed to facilitate seamless integration into applications, enabling developers to build tools that can track metal prices, perform conversions, and analyze historical trends. With a focus on innovation and technological advancement, the Metals-API is transforming how users interact with precious metals.
For comprehensive guidance on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides detailed information on the various endpoints available, including their functionalities and usage examples.
Key Features and Endpoints
The Metals-API offers a range of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data, updated at intervals depending on your subscription plan. Users can access the latest gold prices and other metals, ensuring they have the most current information at their fingertips.
- Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows users to analyze trends over time, which is particularly useful for understanding market movements and making informed investment decisions.
- Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals. This feature is essential for traders looking to make quick decisions based on the latest market data.
- Convert Endpoint: This endpoint allows users to convert any amount from one currency to another, making it easy to understand the value of gold in different currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing price movements over specific periods.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis. This feature provides insights into market volatility, which can be crucial for traders.
- Carat Endpoint: Retrieve information about gold rates by carat. This is particularly relevant for regions where gold is sold in various purities, such as Malappuram.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified period. This information is vital for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for specific time periods, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: The unique key 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 format for easy integration.
- Available Endpoints: The API includes 14 endpoints, each providing different functionalities to cater to various user needs.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed of market developments.
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 Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal data into their applications.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Here are some examples of the responses you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766880436,
"base": "USD",
"date": "2025-12-28",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response provides the latest exchange rates for various metals, including Gold (XAU). The "rates" object contains the current price per troy ounce, which is essential for traders and investors.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1766794036,
"base": "USD",
"date": "2025-12-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example illustrates how to access historical rates for a specific date. Users can analyze past prices to identify trends and make informed decisions.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-21",
"end_date": "2025-12-28",
"base": "USD",
"rates": {
"2025-12-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint allows users to retrieve exchange rates for a specific period, enabling detailed analysis of price movements over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1766880436,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows how to convert an amount from one metal to another or to/from USD. In this case, it converts 1000 USD to gold, providing the result in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-21",
"end_date": "2025-12-28",
"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"
}
The fluctuation endpoint provides insights into how metal prices change over a specified period, which is vital for traders looking to capitalize on market movements.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766880436,
"base": "USD",
"date": "2025-12-28",
"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"
}
This endpoint provides open, high, low, and close prices for a specific date, which is essential for technical analysis and trading strategies.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766880436,
"base": "USD",
"date": "2025-12-28",
"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 response provides the current bid and ask prices for metals, which is crucial for traders looking to make informed decisions based on the latest market data.
Conclusion
In conclusion, the Metals-API offers a comprehensive and innovative solution for monitoring precious metal prices, including Malappuram Gold 22k (MALA-22k). With its wide range of endpoints and real-time data capabilities, developers can create powerful applications that provide valuable insights into the gold market. By leveraging the API's features, users can access the latest rates, historical data, and fluctuations, enabling them to make informed investment decisions.
For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Documentation and familiarize themselves with the various endpoints available. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of all available metal symbols, ensuring users can access the data they need.
As the digital landscape continues to evolve, the Metals-API stands as a vital tool for anyone looking to stay ahead in the precious metals market. Whether you are a trader, developer, or investor, the API's capabilities will empower you to make data-driven decisions in a rapidly changing environment.