Use this API to access Mumbai Gold 22k (MUMB-22k

Accessing Historical Prices of Mumbai Gold 22k (MUMB-22k) with Metals-API

In the ever-evolving landscape of precious metals trading, having access to accurate and real-time data is crucial for making informed decisions. For developers and traders interested in the gold market, particularly in Mumbai, the Metals-API provides a robust solution for accessing historical prices and current rates of gold, specifically the 22k variant, denoted as MUMB-22k. This blog post delves into the capabilities of the Metals-API, focusing on how to retrieve historical prices and leverage the API's features to enhance trading strategies.

About Gold (XAU)

Gold, represented by the symbol XAU, has long been regarded as a safe haven asset and a reliable store of value. The digital transformation in the precious metals market has revolutionized how traders and 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 innovation in price discovery mechanisms has also been significant. Technology integration in trading platforms allows for seamless access to gold prices, enabling traders to react swiftly to market changes. Digital asset solutions have emerged, allowing for the tokenization of gold, making it easier to trade and invest in this precious metal.

Metals-API Overview

The Metals-API is a powerful tool designed for developers looking to access 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 metals data, facilitating better decision-making in trading and investment.

One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This is particularly useful for traders who wish to analyze past performance and trends of gold prices. By utilizing the historical rates endpoint, developers can query the API for specific dates and retrieve valuable data that can inform trading strategies.

Key Features and Endpoints

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

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for various metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for traders who need the most current pricing information to make timely decisions.

{
"success": true,
"timestamp": 1768263573,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing trends over time. The Historical Rates endpoint allows users to retrieve exchange rates for any date since 1999. By appending a specific date to the endpoint, developers can obtain historical pricing data for gold and other metals.

{
"success": true,
"timestamp": 1768177173,
"base": "USD",
"date": "2026-01-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This is particularly useful for conducting in-depth analyses of price movements over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"base": "USD",
"rates": {
"2026-01-06": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-08": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-13": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert endpoint is a valuable feature that allows users to convert any amount from one metal to another or to/from USD. This 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": 1768263573,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Using the Fluctuation endpoint, developers can track rate fluctuations between two dates. This feature is essential for understanding market volatility and making informed trading decisions based on historical price movements.

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"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 provides critical data for traders looking to analyze market trends. By querying this endpoint, users can obtain the open, high, low, and close prices for a specific time period, which are essential for technical analysis.

{
"success": true,
"timestamp": 1768263573,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}

Bid/Ask Endpoint

The Bid/Ask endpoint provides current bid and ask prices for metals, which is crucial for traders looking to execute trades at the best possible prices. This feature allows users to understand the market's current pricing dynamics.

{
"success": true,
"timestamp": 1768263573,
"base": "USD",
"date": "2026-01-13",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

API Key and Authentication

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data. Proper management of API keys is crucial for maintaining security and preventing unauthorized access.

Performance Considerations and Optimization

When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce the number of API calls and improve response times. Additionally, understanding rate limits and quota management is essential to ensure that applications run smoothly without exceeding usage limits.

Common Pitfalls and Troubleshooting

Developers may encounter common pitfalls when using the Metals-API, such as incorrect parameter values or exceeding rate limits. It is important to handle errors gracefully and implement recovery strategies to ensure a seamless user experience. Thorough testing of API responses and edge cases can help mitigate these issues.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data on precious metals, including gold. By leveraging its various endpoints, traders can gain valuable insights into market trends, make informed decisions, and optimize their trading strategies. Whether you are interested in the latest rates, historical data, or price fluctuations, the Metals-API provides the necessary tools to enhance your trading experience.

For more information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. With the right tools and data, you can navigate the complexities of the gold market with confidence.