Get accurate Madurai Silver (MADU-XAG) prices via this API
In the ever-evolving landscape of precious metals trading, having access to accurate and real-time data is crucial for investors, traders, and developers alike. One such valuable resource is the Madurai Silver (MADU-XAG) prices, which can be accessed through the powerful Metals-API. This API provides a comprehensive suite of tools for obtaining current and historical silver prices, along with various other functionalities that cater to the needs of technically proficient API developers.
Metals-API Information
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it an essential material in electronics, solar panels, and medical devices. The demand for silver in these sectors has led to innovative manufacturing techniques and smart manufacturing integration, allowing for more efficient production processes. Furthermore, the digital market analysis of silver prices has become increasingly sophisticated, leveraging technology to provide insights into market trends and fluctuations.
As the world moves towards more sustainable practices, the integration of supply chain technology in silver sourcing and distribution has become paramount. This ensures that the silver used in products is ethically sourced and traceable, aligning with the growing consumer demand for transparency. The Metals-API plays a vital role in this ecosystem by providing real-time data that empowers developers to create applications that can analyze and visualize silver market trends effectively.
API Description
The Metals-API is designed to deliver real-time metals data, enabling developers to build next-generation applications that require accurate pricing information. With its innovative capabilities, the API allows users to access a wide range of functionalities, including the latest rates, historical data, and conversion options. This transformative potential of real-time metals data is essential for anyone looking to stay ahead in the competitive metals market.
Developers can leverage the API to create applications that not only track current prices but also analyze historical trends, providing users with a comprehensive view of the silver market. The API's architecture is built to support high-frequency trading and data analysis, making it an invaluable tool for financial institutions and individual traders alike.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the metals trading community. Each endpoint provides unique functionalities that can be utilized in various applications:
- Latest Rates Endpoint: This endpoint returns real-time exchange rate data for silver and other metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on the subscription plan. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Users can access historical rates for silver dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is essential for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and helping traders make informed decisions.
- Convert Endpoint: The conversion endpoint enables users to convert any amount of silver from one currency to another, facilitating international trading and investment.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze trends over specific periods.
- Fluctuation Endpoint: Users can track how silver prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders manage risk.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is useful for jewelers and investors in the gold market.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for silver over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for silver, which are critical for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user is assigned a unique API key that must be included in the API requests to authenticate and authorize access.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API includes 14 different endpoints, each providing distinct functionalities tailored to various user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metal symbols, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market 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 multiple metals into their applications.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Below are examples of various endpoint responses, showcasing the structure and data provided by the Metals-API.
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1770682428,
"base": "USD",
"date": "2026-02-10",
"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": 1770596028,
"base": "USD",
"date": "2026-02-09",
"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": "2026-02-03",
"end_date": "2026-02-10",
"base": "USD",
"rates": {
"2026-02-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-10": {
"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": 1770682428,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-03",
"end_date": "2026-02-10",
"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": 1770682428,
"base": "USD",
"date": "2026-02-10",
"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": 1770682428,
"base": "USD",
"date": "2026-02-10",
"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 indispensable tool for anyone involved in the silver market, providing real-time data and a comprehensive suite of features that cater to the needs of developers and traders alike. With endpoints that allow for the retrieval of the latest rates, historical data, and conversion capabilities, the API empowers users to make informed decisions based on accurate and timely information. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience and provide valuable insights into market trends.
For more information on how to utilize the API effectively, be sure to check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available options. The Metals-API Website is also a great resource for staying updated on the latest features and enhancements.