How to Get Madurai Silver (MADU-XAG) prices using this API

In today's fast-paced financial landscape, obtaining accurate and real-time data is crucial for making informed decisions. For those interested in the silver market, specifically Madurai Silver (MADU-XAG), leveraging the right tools can make all the difference. This blog post will delve into how to get Madurai Silver prices using the Metals-API, exploring its features, capabilities, and the transformative potential of real-time metals data.

Metals-API Information

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 reflectivity make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, leading to innovative applications that continue to evolve.

As industries increasingly adopt digital market analysis, understanding the fluctuations in silver prices becomes essential. The digital transformation in manufacturing has led to a more interconnected world where real-time data can drive efficiency and profitability. By utilizing the Metals-API, developers can access comprehensive data on silver prices, enabling them to create applications that respond to market changes instantaneously.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including silver. With its innovative capabilities, the API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. The transformative potential of real-time metals data cannot be overstated, as it allows businesses to make data-driven decisions that enhance their operational efficiency.

For more information, you can visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on how to implement its features.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the key features:

Latest Rates Endpoint

This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API updates this data every 60 minutes or even every 10 minutes. This feature is crucial for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1765670511,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is essential for market analysis. The Metals-API allows users to query historical rates dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for developers looking to analyze trends over time.

{
"success": true,
"timestamp": 1765584111,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask endpoint provides real-time bid and ask prices for silver and other metals. This feature is invaluable for traders who need to make quick decisions based on current market conditions.

{
"success": true,
"timestamp": 1765670511,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"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 currency conversion for pricing or reporting purposes.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765670511,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is beneficial for analyzing price trends over specific periods.

{
"success": true,
"timeseries": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"base": "USD",
"rates": {
"2025-12-07": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-14": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

This endpoint provides information about how silver prices fluctuate on a day-to-day basis. Understanding these fluctuations is crucial for traders and analysts who need to anticipate market movements.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"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 endpoint provides the open, high, low, and close prices for silver over a specified time period. This data is essential for technical analysis and helps traders make informed decisions.

{
"success": true,
"timestamp": 1765670511,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}

Historical LME Endpoint

This endpoint provides access to historical rates for LME symbols, dating back to 2008. It is particularly useful for those interested in long-term trends and historical performance analysis.

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.

Conclusion

In conclusion, the Metals-API offers a robust solution for developers looking to access real-time and historical data on silver and other metals. With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Bid/Ask features, developers can create applications that provide valuable insights into the silver market. By leveraging this API, businesses can enhance their decision-making processes and stay ahead in the competitive landscape of metal trading.

For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and start building your applications today!