Access Malappuram Silver (MALA-XAG) prices easily with this API
Access Malappuram Silver (MALA-XAG) prices easily with this API
In today's fast-paced financial landscape, having real-time access to precious metal prices is crucial for traders, investors, and developers alike. The Metals-API offers a robust solution for accessing the latest prices of silver, denoted by the symbol XAG. This blog post will delve into the various markets for silver, explore the innovative applications of the Metals-API, and provide a comprehensive overview of its features and capabilities.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a vital industrial commodity. Its applications span across various sectors, including electronics, solar energy, and medical devices. The demand for silver is driven by its unique properties, such as high conductivity and reflectivity, making it an essential component in modern technology.
As industries evolve, the integration of smart manufacturing technologies has transformed how silver is sourced and utilized. Innovations in supply chain technology allow for more efficient tracking and management of silver resources, ensuring that manufacturers can meet the growing demand while minimizing waste. Furthermore, digital market analysis tools enable stakeholders to make informed decisions based on real-time data, enhancing their competitive edge.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical data on various metals, including silver. This API is designed to empower developers to create next-generation applications that leverage real-time metals data for trading, investment analysis, and market forecasting.
With the Metals-API, developers can access a wide range of features, including the latest rates, historical data, and conversion capabilities. The API's innovative architecture ensures that users receive accurate and timely information, which is critical for making informed decisions in the fast-moving metals market. For more detailed information, you can refer to the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Hereβs a breakdown of some of the most significant features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes or even every 10 minutes. This feature is essential for traders who need to stay updated on market fluctuations.
{
"success": true,
"timestamp": 1767658420,
"base": "USD",
"date": "2026-01-06",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for silver dating back to 2019. This feature is particularly useful for analysts who need to study market trends over time.
{
"success": true,
"timestamp": 1767572020,
"base": "USD",
"date": "2026-01-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid And Ask Endpoint provides real-time bid and ask prices for silver. This feature is crucial for traders who need to make quick decisions based on the current market conditions.
{
"success": true,
"timestamp": 1767658420,
"base": "USD",
"date": "2026-01-06",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"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 investors who want to understand the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767658420,
"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 feature is invaluable for conducting in-depth market analysis.
{
"success": true,
"timeseries": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"base": "USD",
"rates": {
"2025-12-30": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-01": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-06": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how silver prices fluctuate on a day-to-day basis. This feature is essential for traders looking to capitalize on market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"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
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides open, high, low, and close prices for silver over a specified time period. This data is crucial for technical analysis and helps traders make informed decisions.
{
"success": true,
"timestamp": 1767658420,
"base": "USD",
"date": "2026-01-06",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols, including but not limited to:
- XAU - Gold
- XAG - Silver
- XPT - Platinum
- XPD - Palladium
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols.
Conclusion
Accessing real-time silver prices through the Metals-API is a game-changer for developers and traders alike. With its extensive features, including the latest rates, historical data, and conversion capabilities, the Metals-API empowers users to make informed decisions in the dynamic metals market. By leveraging this API, developers can build innovative applications that harness the power of real-time data, ultimately enhancing their trading strategies and investment analyses.
For more information about the API and its capabilities, visit the Metals-API Website. Whether you are a seasoned trader or a developer looking to integrate metals data into your applications, the Metals-API provides the tools you need to succeed.