Obtain Mumbai Gold 24k (MUMB-24k) prices utilizing this API
Obtain Mumbai Gold 24k (MUMB-24k) Prices Utilizing This API
In the ever-evolving landscape of precious metals trading, obtaining accurate and real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access live market data, including the latest prices for Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the capabilities of the Metals-API, focusing on how to obtain Mumbai Gold 24k (MUMB-24k) prices, and explore the transformative potential of real-time metals data in the digital age.
Metals-API Information
About Gold (XAU)
Gold has long been a symbol of wealth and stability, often serving as a hedge against inflation and economic uncertainty. In recent years, the digital transformation in precious metals has revolutionized how traders and investors access and analyze market data. The integration of data analytics and technology into trading practices has enabled market participants to gain deeper insights into price movements and trends.
With the rise of digital asset solutions, the demand for accurate and timely information has surged. The Metals-API stands at the forefront of this transformation, offering developers the ability to build next-generation applications that leverage real-time data for price discovery and trading strategies. By utilizing the Metals-API, developers can create innovative solutions that enhance the trading experience and provide users with valuable market insights.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on various metals. It empowers developers to integrate metals pricing into their applications seamlessly. The API offers a range of features, including the ability to retrieve the latest rates, historical data, and even perform currency conversions. With its user-friendly documentation, developers can quickly understand how to implement the API and utilize its capabilities effectively.
For more detailed information on how to use the API, you can refer to the Metals-API Documentation, which provides comprehensive guidance on each endpoint and its functionalities.
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: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, you can receive updates every 60 minutes or even every 10 minutes, ensuring you have the most current information at your fingertips.
- Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows you to query the API for past rates by appending a specific date, enabling you to analyze trends over time.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, which is essential for traders looking to execute transactions at the best possible rates.
- Convert Endpoint: This endpoint allows you to convert any amount from one metal to another or to/from USD, facilitating easy calculations for traders and investors.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing insights into price movements over specific periods.
- Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, giving you a clear picture of market volatility.
- Carat Endpoint: Retrieve information about Gold rates by Carat, which is particularly useful for jewelers and consumers interested in purchasing gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific date, helping traders identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed 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 long-term view of metal prices.
- API Key: Your unique API key is essential for accessing the API and must be included in your requests.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API includes 14 different endpoints, each offering unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring you have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about 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.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective integration. Below are examples of responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1770336484,
"base": "USD",
"date": "2026-02-06",
"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"
}
This response provides real-time exchange rates for various metals, with the base currency set to USD. The rates are expressed per troy ounce, which is the standard measurement for precious metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1770250084,
"base": "USD",
"date": "2026-02-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows historical rates for a specific date, allowing users to analyze past market behavior and make informed decisions based on historical data.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-01-30",
"end_date": "2026-02-06",
"base": "USD",
"rates": {
"2026-01-30": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides daily historical rates for a specified time period, allowing users to track price trends and fluctuations over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770336484,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response illustrates how to convert an amount from one currency to another, providing the conversion rate and the resulting amount in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-30",
"end_date": "2026-02-06",
"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"
}
This response provides information about how metal prices fluctuate over a specified period, highlighting both the absolute change and the percentage change.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1770336484,
"base": "USD",
"date": "2026-02-06",
"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 response provides detailed OHLC data, which is essential for traders conducting technical analysis and evaluating market trends.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1770336484,
"base": "USD",
"date": "2026-02-06",
"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 current bid and ask prices for metals, which is crucial for traders looking to make informed decisions based on market conditions.
Conclusion
The Metals-API is an invaluable resource for developers looking to access real-time and historical data on precious metals. By leveraging its various endpoints, developers can create applications that provide users with the insights they need to navigate the complexities of the metals market. Whether you are interested in obtaining Mumbai Gold 24k (MUMB-24k) prices or analyzing market trends, the Metals-API offers the tools necessary to succeed in today's digital trading environment.
For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page. With the right tools and data at your disposal, you can unlock the full potential of precious metals trading.