Get Mumbai Silver (XAG-MUMB) Historical Prices with Metals-API

In the ever-evolving landscape of precious metals trading, having access to accurate and timely data is crucial for both investors and developers. One of the most sought-after metals is silver, represented by the symbol XAG. This blog post delves into how to obtain historical prices for Mumbai Silver (XAG-MUMB) using the Metals-API, a powerful tool that provides real-time and historical data on various metals. We will explore the capabilities of the Metals-API, its endpoints, and how developers can leverage this information to build innovative applications.

About Silver (XAG)

Silver, known for its industrial applications and investment potential, has seen a resurgence in interest due to its role in technology and manufacturing. From electronics to solar panels, silver's conductivity and reflectivity make it an essential component in various industries. The integration of smart manufacturing technologies has further enhanced the demand for silver, as industries seek to optimize production processes and reduce costs.

The digital market analysis of silver prices reveals trends that can significantly impact investment strategies. With the rise of e-commerce and online trading platforms, investors now have the ability to track silver prices in real-time, making informed decisions based on market fluctuations. The Metals-API provides a seamless way to access this data, empowering developers to create applications that can analyze and visualize silver price trends effectively.

Metals-API Overview

The Metals-API is a comprehensive JSON API that offers real-time and historical data for various metals, including silver. It is designed for developers looking to integrate metals pricing into their applications. The API provides a range of endpoints that allow users to access the latest rates, historical data, and even perform conversions between different metals and currencies.

One of the standout features of the Metals-API is its ability to deliver real-time data, which is crucial for applications that require up-to-the-minute information. Developers can utilize this API to build applications that cater to traders, investors, and businesses involved in the metals market.

Key Features and Endpoints

The Metals-API offers several key features that enhance its usability for developers:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes or even every 10 minutes. This feature is essential for applications that require the most current pricing information.
Historical Rates Endpoint: Historical rates for most currencies are available dating back to 2019. Developers can query the Metals-API for historical rates by appending a specific date to the endpoint. This is particularly useful for analyzing trends over time.
Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for various metals, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The API includes a dedicated currency conversion endpoint, enabling users to convert amounts between different metals or from/to USD. This feature is invaluable for traders who deal in multiple currencies.
Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. It is particularly useful for analyzing price movements over specific periods.
Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
Carat Endpoint: This endpoint allows users to retrieve information about gold rates by carat, which is essential for jewelers and investors in the gold market.
Lowest/Highest Price Endpoint: This feature enables users to query the API for the lowest and highest prices of metals over a specified period, assisting in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is 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 provided with a unique API key that must be included in requests to authenticate and authorize access to the API.
API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
Available Endpoints: The Metals-API includes a constantly updated endpoint that returns all available currencies and their specifications.
Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to a specific market segment.
News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Understanding the API's responses is crucial for developers. Here are examples of various endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1743904909,
    "base": "USD",
    "date": "2025-04-06",
    "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"
}

This response indicates a successful request, providing the latest rates for various metals, including silver (XAG).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1743818509,
    "base": "USD",
    "date": "2025-04-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing developers to analyze past price movements.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-30",
    "end_date": "2025-04-06",
    "base": "USD",
    "rates": {
        "2025-03-30": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time-series of rates, allowing developers to visualize trends over a specified period.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1743904909,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response demonstrates the conversion of an amount from USD to gold (XAU), showcasing the API's versatility.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-30",
    "end_date": "2025-04-06",
    "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
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

This response provides insights into how metal prices fluctuate over time, which is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1743904909,
    "base": "USD",
    "date": "2025-04-06",
    "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"
}

This response provides open, high, low, and close prices for a specific date, essential for technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1743904909,
    "base": "USD",
    "date": "2025-04-06",
    "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"
}

This response provides current bid and ask prices, which are critical for traders looking to execute orders effectively.

Conclusion

In conclusion, the Metals-API offers a robust solution for developers seeking to access historical prices for Mumbai Silver (XAG-MUMB) and other metals. With its comprehensive range of endpoints, real-time data capabilities, and user-friendly structure, the API empowers developers to create innovative applications that can analyze and visualize metal prices effectively. By leveraging the features of the Metals-API, developers can build tools that cater to the needs of traders, investors, and businesses involved in the metals market.

For more information on how to integrate the Metals-API into your applications, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Start harnessing the power of real-time metals data today!

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Get Mumbai Silver (XAG-MUMB) Historical Prices with Metals-API