Home
Blog
Step-by-step guide to Get Micro Gold Futures (MGC) prices using this API

Step-by-step guide to Get Micro Gold Futures (MGC) prices using this API

Step-by-step guide to Get Micro Gold Futures (MGC) prices using this API

Step-by-step guide to Get Micro Gold Futures (MGC) prices using this API

In the ever-evolving landscape of financial markets, the demand for real-time data has never been more critical, especially in the realm of precious metals. This blog post will delve into the intricacies of obtaining Micro Gold Futures (MGC) prices using the Metals-API. We will explore the significance of gold in today's digital economy, the innovative capabilities of the Metals-API, and how developers can leverage its features to create powerful applications.

Metals-API Information

About Gold (XAU)

Gold, represented by the symbol XAU, has long been a cornerstone of wealth and a safe haven during economic uncertainty. In recent years, the digital transformation in precious metals trading has revolutionized how investors access and analyze market data. The integration of data analytics and technology in trading has enabled more informed decision-making, allowing traders to capitalize on market fluctuations.

As the world shifts towards digital asset solutions, the demand for real-time insights into gold prices has surged. The Metals-API provides a robust platform for developers to access comprehensive market data, facilitating innovation in price discovery and trading strategies. By harnessing the power of this API, developers can create applications that provide users with up-to-the-minute information on gold prices, historical trends, and market analytics.

API Description

The Metals-API is a powerful tool designed to deliver real-time and historical data on various metals, including gold, silver, platinum, and palladium. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its user-friendly interface and comprehensive documentation, the Metals-API is accessible to both novice and experienced developers.

One of the standout features of the Metals-API is its ability to provide real-time exchange rates, historical data, and various endpoints tailored to specific needs. Whether you are looking to track the latest prices, analyze historical trends, or convert between currencies, the Metals-API has you covered. The API's capabilities extend beyond mere data retrieval; it offers a transformative potential for developers aiming to create innovative financial solutions.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to cater to different data needs. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to stay informed about the latest market movements.
  • Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve valuable historical data that can inform trading strategies and market analysis.
  • Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for various metals. Understanding the bid-ask spread is essential for traders looking to optimize their entry and exit points.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one currency to another. This is particularly useful for traders dealing with multiple currencies.
  • Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice. It is invaluable for analyzing trends over specific periods.
  • Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This feature helps traders understand market volatility and make informed decisions.
  • Carat Endpoint: Access information about gold rates by carat. This is particularly useful for jewelers and consumers looking to understand the value of gold in different forms.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date. This information is essential for traders looking to identify price ranges.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing traders to analyze market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This is particularly useful for traders focused on industrial metals.
  • API Key: Your API Key is a unique identifier that must be included in your requests to authenticate your access to the API.
  • API Response: The exchange rates delivered by the Metals-API are relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities to cater to diverse data needs.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring you have access to the latest symbols.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market trends and 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 metals into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1771546338,
"base": "USD",
"date": "2026-02-20",
"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

Access historical exchange rates for any date since 1999.

{
"success": true,
"timestamp": 1771459938,
"base": "USD",
"date": "2026-02-19",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
"success": true,
"timeseries": true,
"start_date": "2026-02-13",
"end_date": "2026-02-20",
"base": "USD",
"rates": {
"2026-02-13": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-15": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-20": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771546338,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-13",
"end_date": "2026-02-20",
"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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
"success": true,
"timestamp": 1771546338,
"base": "USD",
"date": "2026-02-20",
"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

Get current bid and ask prices for metals.

{
"success": true,
"timestamp": 1771546338,
"base": "USD",
"date": "2026-02-20",
"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"
}

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers seeking to access real-time and historical data on precious metals, including Micro Gold Futures (MGC). By leveraging its various endpoints, developers can create applications that provide users with critical market insights, enabling informed trading decisions. The API's capabilities extend beyond simple data retrieval, offering transformative potential for innovative financial solutions.

As the digital landscape continues to evolve, the importance of accurate and timely metals data cannot be overstated. By utilizing the Metals-API Documentation, developers can explore the full range of features and capabilities available, ensuring they can build robust applications that meet the needs of today's traders.

For those interested in exploring the comprehensive range of metal symbols, the Metals-API Supported Symbols page is an excellent resource. By integrating these features into your applications, you can stay ahead in the competitive world of precious metals trading.

Ready to use Metals-API?

Try it now!

Search

Related Posts

Recent Posts