Download Magnesium (MG) Historical Prices via this API

In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. For developers and businesses looking to harness the power of real-time metals data, the Metals-API offers a robust solution. This blog post will delve into Magnesium (MG), exploring its significance in the metal markets and how to access historical prices through the Metals-API. We will also discuss the transformative potential of this API, focusing on its innovative features and capabilities.

Metals-API Information

About Magnesium (MG)

Magnesium, represented by the symbol MG, is a lightweight metal that plays a crucial role in various industries, including automotive, aerospace, and electronics. Its unique properties, such as high strength-to-weight ratio and excellent corrosion resistance, make it an ideal choice for manufacturers looking to enhance performance while reducing weight. As digital transformation continues to reshape the metal markets, the demand for accurate data on Magnesium prices is paramount.

Technological innovation has paved the way for advanced data analytics and insights, allowing stakeholders to make informed decisions based on real-time market trends. The integration of smart technology into metal trading platforms has further enhanced the ability to track and analyze price fluctuations, ensuring that businesses remain competitive in a rapidly changing environment. As we look to the future, the possibilities for Magnesium and its applications are vast, with ongoing research and development promising to unlock new potential uses.

API Description

The Metals-API is a powerful tool designed to provide developers with access to real-time and historical data for various metals, including Magnesium. This API empowers users to build next-generation applications that leverage accurate and timely metals data, enabling businesses to optimize their operations and make data-driven decisions.

With a user-friendly interface and comprehensive documentation, the Metals-API allows developers to easily integrate metal price data into their applications. The API supports a wide range of endpoints, each designed to cater to specific data needs, from real-time pricing to historical trends. For more information, visit the Metals-API Website.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to meet specific requirements. 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 or more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to the API request, users can retrieve historical price data for Magnesium and other metals, enabling comprehensive market analysis.
Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Magnesium, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, which can convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is invaluable for analyzing trends over time and making informed forecasts.
Fluctuation Endpoint: Retrieve information about how Magnesium prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility and helps businesses manage risk.
Carat Endpoint: For applications focused on precious metals, this endpoint allows users to retrieve information about Gold rates by Carat, enhancing the API's versatility.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of Magnesium over a specified period, aiding in market analysis and investment decisions.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for Magnesium, essential for traders looking to analyze market performance.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for extensive market research and analysis.
API Key: Your unique API key is required to access the Metals-API, ensuring secure and authorized usage of the service.
API Response: Exchange rates delivered by the Metals-API are relative to USD by default, providing a consistent basis for comparison.
Available Endpoints: The Metals-API offers 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring users have access to the most up-to-date information. For a complete list of supported symbols, refer to the Metals-API Supported Symbols.
News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their expected responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1762218851,
    "base": "USD",
    "date": "2025-11-04",
    "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": 1762132451,
    "base": "USD",
    "date": "2025-11-03",
    "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": "2025-10-28",
    "end_date": "2025-11-04",
    "base": "USD",
    "rates": {
        "2025-10-28": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-30": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-04": {
            "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": 1762218851,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-28",
    "end_date": "2025-11-04",
    "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": 1762218851,
    "base": "USD",
    "date": "2025-11-04",
    "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": 1762218851,
    "base": "USD",
    "date": "2025-11-04",
    "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 and businesses looking to access real-time and historical data for Magnesium and other metals. With its comprehensive range of endpoints, the API empowers users to build innovative applications that leverage accurate market data for informed decision-making. As the metal markets continue to evolve, the integration of advanced data analytics and smart technology will play a pivotal role in shaping the future of the industry.

For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols. By leveraging the power of the Metals-API, developers can unlock new possibilities in the world of metal trading and investment.

Ready to use Metals-API?

Try it now!

Download Magnesium (MG) Historical Prices via this API