Retrieve Mumbai Gold (XAU-MUMB) prices with this API

In the ever-evolving landscape of financial technology, the ability to retrieve real-time data on precious metals like Gold (XAU) is crucial for traders, investors, and developers alike. The Metals-API provides a robust solution for accessing current and historical gold prices, particularly for the Mumbai market (XAU-MUMB). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can empower developers to create innovative applications in the realm of precious metals trading.

About Gold (XAU)

Gold has long been a symbol of wealth and a safe-haven asset in times of economic uncertainty. As digital transformation sweeps across industries, the precious metals market is no exception. The integration of technology in trading has revolutionized how investors access and analyze gold prices. With the rise of data analytics, market insights have become more accessible, allowing traders to make informed decisions based on real-time data.

Moreover, the innovation in price discovery mechanisms has paved the way for digital asset solutions that enhance transparency and efficiency in trading. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to harness the power of real-time metals data.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API is designed to facilitate the creation of next-generation applications that require accurate and timely metals pricing information. With its user-friendly interface and comprehensive documentation, developers can easily integrate the API into their projects.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rates, updated frequently based on the user's subscription plan. This ensures that developers and traders have access to the most current market data, which is essential for making informed trading decisions.

Key Features and Endpoints

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

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for various metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is particularly useful for traders who need to react quickly to market changes.

{
        "success": true,
        "timestamp": 1750140167,
        "base": "USD",
        "date": "2025-06-17",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates endpoint allows users to access exchange rates dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data that is invaluable for market analysis.

{
        "success": true,
        "timestamp": 1750053767,
        "base": "USD",
        "date": "2025-06-16",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

The Bid and Ask endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices.

{
        "success": true,
        "timestamp": 1750140167,
        "base": "USD",
        "date": "2025-06-17",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "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": 1750140167,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly beneficial for analyzing price movements over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-06-10",
        "end_date": "2025-06-17",
        "base": "USD",
        "rates": {
            "2025-06-10": {
                "XAU": 0.000485
            },
            "2025-06-17": {
                "XAU": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how currencies fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility and make informed decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-06-10",
        "end_date": "2025-06-17",
        "base": "USD",
        "rates": {
            "XAU": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC Price endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and understanding market trends.

{
        "success": true,
        "timestamp": 1750140167,
        "base": "USD",
        "date": "2025-06-17",
        "rates": {
            "XAU": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Lowest/Highest Price Endpoint

The Lowest/Highest Price endpoint allows users to query the API to get the lowest and highest price for a specified date. This feature is particularly useful for traders looking to identify price extremes.

{
        "success": true,
        "timestamp": 1750140167,
        "base": "USD",
        "date": "2025-06-17",
        "rates": {
            "XAU": {
                "lowest": 0.000481,
                "highest": 0.000487
            }
        },
        "unit": "per troy ounce"
    }

API Key and Response

Your API Key is a unique identifier that must be included in the API request to authenticate your access. The API response is delivered in JSON format, with exchange rates typically relative to USD. Each response contains essential data fields that provide insights into the current market conditions.

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 various metals into their applications.

Conclusion

The Metals-API is a transformative tool for developers and traders in the precious metals market. By providing real-time and historical data on metals like Gold (XAU), the API empowers users to make informed decisions based on accurate market insights. With features such as the Latest Rates, Historical Rates, and various conversion endpoints, developers can create innovative applications that cater to the needs of traders and investors alike.

As the financial landscape continues to evolve, the integration of technology in trading will only become more critical. The Metals-API stands ready to support this transformation, offering developers the resources they need to build next-generation applications. For more information, visit the Metals-API Documentation to explore the full capabilities of this powerful API.