Get Real-Time Madurai Silver (MADU-XAG) Historical Prices using this API
Get Real-Time Madurai Silver (MADU-XAG) Historical Prices using this API
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. For those interested in precious metals, particularly silver, the Metals-API offers a robust solution for retrieving historical prices and current rates. This blog post will delve into the intricacies of the XAG symbol, representing silver, and how developers can leverage the Metals-API to access historical price data efficiently.
About Silver (XAG)
Silver, denoted by the symbol XAG, is not just a precious metal; it plays a pivotal role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it indispensable in modern technology. The innovation surrounding silver extends into smart manufacturing, where its properties are utilized in advanced technologies. As industries evolve, the demand for silver continues to grow, making it essential for developers and investors to stay updated on its market trends.
The digital market analysis of silver has transformed how investors approach this metal. With the integration of supply chain technology, stakeholders can track silver from mining to market, ensuring transparency and efficiency. This is where the Metals-API comes into play, providing real-time data that empowers developers to create applications that can analyze and predict market movements effectively.
API Description
The Metals-API is a powerful tool designed for developers looking to integrate metals data into their applications. With a focus on innovation and technological advancement, this API allows users to access real-time and historical data for various metals, including silver. The transformative potential of real-time metals data cannot be overstated, as it enables developers to build next-generation applications that can respond to market changes instantaneously.
For a comprehensive understanding of the API's capabilities, you can refer to the Metals-API Documentation. This resource provides detailed information on how to utilize the API effectively, including various endpoints and their functionalities.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. 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, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data, which is crucial for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing strategies.
- Convert Endpoint: The API includes a separate currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis over specific periods.
- Fluctuation Endpoint: Users can track how currencies fluctuate on a day-to-day basis, providing valuable insights into market volatility.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, catering to specific market needs.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specified date, which is essential for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can retrieve OHLC data for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user receives a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the most current data.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. 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": 1768954546,
"base": "USD",
"date": "2026-01-21",
"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": 1768868146,
"base": "USD",
"date": "2026-01-20",
"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": "2026-01-14",
"end_date": "2026-01-21",
"base": "USD",
"rates": {
"2026-01-14": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-16": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-21": {
"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": 1768954546,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-14",
"end_date": "2026-01-21",
"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": 1768954546,
"base": "USD",
"date": "2026-01-21",
"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": 1768954546,
"base": "USD",
"date": "2026-01-21",
"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 provides a comprehensive suite of tools for developers looking to access real-time and historical data for silver and other metals. With features like the latest rates, historical rates, and various endpoints for conversion and fluctuation tracking, this API is essential for anyone involved in the metals market. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance market analysis and decision-making processes.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Stay ahead in the metals market by utilizing the powerful features offered by this API.