Retrieve Real-Time Madurai Gold 18k (MADU-18k) Prices in Various Currencies Using this API
Retrieve Real-Time Madurai Gold 18k (MADU-18k) Prices in Various Currencies Using this API
In today's fast-paced financial landscape, the ability to access real-time data is crucial for businesses and developers alike. The Metals-API provides accurate and up-to-date prices for precious metals, including Gold (XAU), in various currencies. This blog post will delve into how this API can be leveraged to retrieve real-time Madurai Gold 18k (MADU-18k) prices, explore its features, and discuss potential business applications.
About Gold (XAU)
Gold has long been regarded as a safe-haven asset and a store of value. With the rise of digital transformation in the precious metals market, the integration of technology and data analytics has revolutionized how traders and investors access market insights. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to create innovative applications that can analyze and trade Gold prices effectively.
As businesses increasingly rely on data-driven decisions, the ability to access real-time Gold prices in multiple currencies becomes essential. The Metals-API not only provides current pricing but also offers historical data, enabling users to analyze trends and make informed decisions. This capability is particularly beneficial for businesses involved in trading, jewelry manufacturing, and investment.
API Description
The Metals-API is a powerful tool that empowers developers to build next-generation applications by providing real-time metals data. With its user-friendly interface and comprehensive documentation, developers can easily integrate the API into their systems. The API supports various endpoints, each designed to cater to specific needs, such as retrieving the latest rates, historical data, and currency conversions.
For detailed information on how to implement the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on authentication, endpoint usage, and response handling.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different functionalities. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for precious metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. For example, you can retrieve the latest Gold prices in USD and other currencies.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can analyze past price movements and trends.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
- Convert Endpoint: Easily convert any amount from one currency to another. This is particularly useful for businesses that operate in multiple currencies and need to calculate costs accurately.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling in-depth analysis of price trends over time.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing valuable insights into market volatility.
- Carat Endpoint: Retrieve information about Gold rates by carat, which is essential for jewelers and manufacturers.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for a specified date, helping you identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for those involved in trading on the London Metal Exchange.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
For a complete list of all supported symbols, including Gold (XAU), Silver (XAG), and Platinum (XPT), visit the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective integration. Below are examples of the JSON responses you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767313472,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates that the current price of Gold (XAU) is 0.000482 troy ounces per USD. Understanding the structure of this response allows developers to extract relevant data for their applications.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767227072,
"base": "USD",
"date": "2026-01-01",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This example shows historical rates for Gold on a specific date, allowing users to analyze past performance and make informed decisions based on historical data.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-26",
"end_date": "2026-01-02",
"base": "USD",
"rates": {
"2025-12-26": {
"XAU": 0.000485
},
"2026-01-02": {
"XAU": 0.000482
}
},
"unit": "per troy ounce"
}
This response provides a time series of Gold prices, enabling users to visualize trends over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767313472,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
With this endpoint, users can convert amounts between currencies, which is particularly useful for businesses that need to calculate costs in different currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-26",
"end_date": "2026-01-02",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This response illustrates how the price of Gold fluctuated over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1767313472,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
This endpoint provides detailed OHLC data, which is essential for traders conducting technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1767313472,
"base": "USD",
"date": "2026-01-02",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
This response provides current bid and ask prices, which are crucial for traders looking to execute orders at the best possible prices.
Conclusion
The Metals-API is a powerful resource for developers looking to access real-time Gold prices and other precious metals data. By leveraging its various endpoints, businesses can gain valuable insights into market trends, optimize trading strategies, and enhance their decision-making processes. Whether you are a jeweler, trader, or financial analyst, the ability to retrieve accurate and timely data is essential in today's competitive landscape.
For more information on how to implement the Metals-API in your applications, visit the Metals-API Documentation. Explore the full range of supported symbols on the Metals-API Supported Symbols page, and start integrating this powerful tool into your projects today.