Home
Blog
Obtain Mumbai Gold 24k (MUMB-24k) Historical Prices via this API

Obtain Mumbai Gold 24k (MUMB-24k) Historical Prices via this API

Obtain Mumbai Gold 24k (MUMB-24k) Historical Prices via this API

Obtain Mumbai Gold 24k (MUMB-24k) Historical Prices via this API

In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is crucial for making informed decisions. One of the most sought-after metals is gold, represented by the symbol XAU. With the rise of digital transformation in the financial sector, developers now have the opportunity to leverage advanced APIs to access historical prices and real-time data. This blog post will delve into how to obtain historical prices for Mumbai Gold 24k (MUMB-24k) using the Metals-API, exploring its capabilities, features, and the transformative potential of real-time metals data.

Metals-API Information

The Metals-API is a powerful tool designed for developers who require access to real-time and historical data for various metals, including gold, silver, platinum, and palladium. This API not only provides current exchange rates but also allows users to query historical data, making it an essential resource for traders, analysts, and financial institutions. The API's capabilities extend beyond mere data retrieval; it empowers developers to build next-generation applications that can analyze market trends, optimize trading strategies, and enhance decision-making processes.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, especially during times of economic uncertainty. The digital transformation in precious metals trading has revolutionized how investors access and analyze gold prices. With the integration of data analytics and market insights, traders can now make more informed decisions based on historical trends and real-time data. The Metals-API plays a pivotal role in this transformation by providing developers with the tools needed to access and manipulate gold price data effectively.

One of the key aspects of trading gold is the innovation in price discovery. The Metals-API offers various endpoints that allow users to retrieve the latest rates, historical prices, and even fluctuations over time. This level of detail enables traders to understand market dynamics better and make strategic decisions based on comprehensive data analysis.

API Description

The Metals-API is designed with innovation and technological advancement in mind. It provides developers with a robust framework to access real-time metals data, which can be integrated into various applications. The API's capabilities include:

  • Real-time Data Access: Developers can access the latest exchange rates for metals, updated at intervals depending on their subscription plan.
  • Historical Data Retrieval: Users can query historical prices dating back to 2019, allowing for in-depth analysis of market trends.
  • Bid and Ask Prices: The API provides real-time bid and ask prices, essential for traders looking to execute orders at optimal rates.
  • Currency Conversion: The Metals-API includes a conversion endpoint, enabling users to convert amounts between different metals and currencies.
  • Time-Series Data: Users can obtain daily historical rates between two specified dates, facilitating trend analysis.
  • Fluctuation Tracking: The API allows users to track how prices fluctuate over time, providing insights into market volatility.
  • Carat Information: Users can retrieve gold rates by carat, which is particularly useful for jewelers and consumers.
  • OHLC Data: The API provides open, high, low, and close prices for specific time periods, essential for technical analysis.
  • News Updates: Users can access the latest news articles related to various metals, keeping them informed about market developments.

For more detailed information about the API's capabilities, refer to the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for all available metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to stay updated on market movements.

{
    "success": true,
    "timestamp": 1747965916,
    "base": "USD",
    "date": "2025-05-23",
    "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

The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This feature is particularly useful for analysts who want to study past market behavior and make predictions based on historical data.

{
    "success": true,
    "timestamp": 1747879516,
    "base": "USD",
    "date": "2025-05-22",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for traders looking to analyze trends over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-16",
    "end_date": "2025-05-23",
    "base": "USD",
    "rates": {
        "2025-05-16": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-18": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-23": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "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 need to quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747965916,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-16",
    "end_date": "2025-05-23",
    "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 allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make trading decisions.

{
    "success": true,
    "timestamp": 1747965916,
    "base": "USD",
    "date": "2025-05-23",
    "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"
}

Bid/Ask Endpoint

The Bid and Ask Endpoint provides current bid and ask prices for metals. This information is vital for traders looking to execute orders at the best possible rates.

{
    "success": true,
    "timestamp": 1747965916,
    "base": "USD",
    "date": "2025-05-23",
    "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"
}

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.

Conclusion

In conclusion, the Metals-API offers a comprehensive suite of features that empower developers to access and analyze historical prices for gold and other precious metals. By leveraging this API, traders can gain insights into market trends, optimize their trading strategies, and make informed decisions based on real-time data. The ability to retrieve historical prices, track fluctuations, and access bid and ask prices positions the Metals-API as an essential tool in the arsenal of any developer working in the financial sector.

For further exploration of the API's capabilities, visit the Metals-API Website and dive into the extensive documentation available. By utilizing the Metals-API, developers can harness the power of data analytics and market insights to drive innovation in precious metals trading.

Ready to use Metals-API?

Try it now!

Search

Recent Posts