Get Mumbai Silver (XAG-MUMB) Real-Time Historical Prices using this API
In the ever-evolving landscape of commodities trading, the demand for real-time data and historical insights has never been more critical. For developers and traders alike, accessing accurate and timely information about precious metals like Silver (XAG) is essential for informed decision-making. This blog post will delve into how to obtain real-time historical prices for Mumbai Silver (XAG-MUMB) using the Metals-API. We will explore the capabilities of this powerful API, its various endpoints, and how it can be leveraged to enhance trading strategies and market analysis.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it plays a vital role in various industrial applications. From electronics to solar panels, Silver's conductivity and reflective properties make it indispensable in modern technology. As industries continue to innovate, the demand for Silver is expected to rise, making it a focal point for investors and developers alike.
Moreover, the integration of smart manufacturing technologies is transforming how Silver is sourced, processed, and traded. With advancements in supply chain technology, stakeholders can now track Silver from mine to market, ensuring transparency and efficiency. This digital market analysis is crucial for understanding price fluctuations and market trends, allowing developers to create applications that provide real-time insights into Silver prices.
Metals-API Overview
The Metals-API is a robust platform that provides real-time and historical data for various metals, including Silver. It empowers developers to build next-generation applications that require accurate metals pricing data. The API offers a range of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data dating back to 2019.
One of the standout features of the Metals-API is its ability to deliver real-time data updates, which can be configured based on the subscription plan. This flexibility allows developers to tailor their applications to meet specific user needs, whether for trading platforms, market analysis tools, or financial reporting systems.
Key Features and Endpoints
The Metals-API offers several key features that enhance its usability and functionality:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for various metals, including Silver. Depending on your subscription plan, this endpoint can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1754204497,
"base": "USD",
"date": "2025-08-03",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those interested in analyzing trends over time, the Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This feature is particularly useful for back-testing trading strategies or conducting market research.
{
"success": true,
"timestamp": 1754118097,
"base": "USD",
"date": "2025-08-02",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}Time-Series Endpoint
The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is invaluable for developers looking to visualize price trends over time or for analysts conducting in-depth market studies.
{
"success": true,
"timeseries": true,
"start_date": "2025-07-27",
"end_date": "2025-08-03",
"base": "USD",
"rates": {
"2025-07-27": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-08-03": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for metals, allowing traders to gauge market sentiment and make informed decisions. This endpoint is particularly useful for high-frequency trading applications where timing is critical.
{
"success": true,
"timestamp": 1754204497,
"base": "USD",
"date": "2025-08-03",
"rates": {
"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 applications that require dynamic pricing models or for users who need to perform quick conversions.
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1754204497,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how prices fluctuate over a specified period. This data is essential for understanding market volatility and can help traders adjust their strategies accordingly.
{
"success": true,
"fluctuation": true,
"start_date": "2025-07-27",
"end_date": "2025-08-03",
"base": "USD",
"rates": {
"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 detailed price data, including the open, high, low, and close prices for a specific time period. This information is crucial for technical analysis and for traders looking to identify patterns in price movements.
{
"success": true,
"timestamp": 1754204497,
"base": "USD",
"date": "2025-08-03",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for users interested in the London Metal Exchange pricing data.
{
"success": true,
"timestamp": 1754118097,
"base": "USD",
"date": "2025-08-02",
"rates": {
"XAG": 0.03825
},
"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 authenticating requests and ensuring secure access to the API's features.
Practical Use Cases and Integration Strategies
Developers can leverage the Metals-API in various applications, including:
- Trading Platforms: Integrate real-time pricing data to provide users with up-to-date information for making trading decisions.
- Market Analysis Tools: Use historical data to analyze trends and generate reports for investors.
- Financial Applications: Incorporate currency conversion features to enhance user experience in financial transactions.
When integrating the Metals-API, developers should consider the following strategies:
- Implement caching mechanisms to reduce API calls and improve application performance.
- Utilize error handling to manage API response errors gracefully.
- Monitor API usage to stay within rate limits and avoid service disruptions.
Conclusion
Accessing real-time historical prices for Mumbai Silver (XAG-MUMB) has never been easier, thanks to the Metals-API. With its comprehensive suite of endpoints, developers can create powerful applications that provide valuable insights into the Silver market. By leveraging features such as the Latest Rates, Historical Rates, and Time-Series endpoints, users can make informed decisions based on accurate data.
As the demand for Silver continues to grow, the importance of having reliable data at your fingertips cannot be overstated. Whether you are a trader, analyst, or developer, the Metals-API offers the tools necessary to stay ahead in the competitive world of commodities trading. For more information, check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.