How to Get Malappuram Silver (MALA-XAG) prices using this API for your trading application

Introduction

In the world of trading and investment, having access to real-time data is crucial for making informed decisions. For those interested in the silver market, specifically the Malappuram Silver (MALA-XAG) prices, utilizing the Metals-API can significantly enhance your trading application. This blog post will delve into the intricacies of the Metals-API, focusing on how it provides comprehensive data on silver (XAG) and other metals, empowering developers to create innovative trading solutions.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also plays a vital role in various industrial applications. Its unique properties make it indispensable in electronics, solar panels, and medical devices. The integration of technology in manufacturing processes has led to innovations that enhance the efficiency of silver extraction and processing. As the demand for silver continues to rise, driven by advancements in technology and smart manufacturing, understanding its market dynamics becomes essential for traders.

Digital market analysis tools have transformed how traders assess silver prices. By leveraging real-time data, traders can make quick decisions based on market fluctuations. The Metals-API offers a robust solution for accessing this data, allowing developers to build applications that can analyze trends, track prices, and provide insights into the silver market.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including silver. This API is built with innovation in mind, offering developers the ability to create next-generation applications that can respond to market changes instantaneously. With its comprehensive data capabilities, the Metals-API empowers users to access critical information that can influence trading strategies.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes, every 10 minutes, or even more frequently. This level of granularity ensures that traders have the most current information at their fingertips, allowing them to react swiftly to market movements.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different trading needs. 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, you can receive updates at varying intervals, ensuring that you always have the latest information.
• Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows traders to analyze past performance and make predictions based on historical data.
• Bid And Ask Endpoint: Retrieve real-time bid and ask prices for silver and other metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices.
• Convert Endpoint: This endpoint enables users to convert amounts between different metals or to/from USD, facilitating easy calculations for traders.
• Time-Series Endpoint: Query daily historical rates between two dates of your choice, allowing for in-depth analysis of price trends over time.
• Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: Retrieve information about gold rates by carat, useful for traders dealing with gold alongside silver.
• Lowest/Highest Price Endpoint: Get the lowest and highest prices for silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for silver, which are essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
• API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API features 14 different endpoints, each designed to provide specific functionalities tailored to traders' needs.
• Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring that users can easily find the data they need.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping traders 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 traders looking to explore various metals beyond silver.

API Endpoint Examples and Responses

Understanding the API's responses is crucial for effective integration into your trading application. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1762571018,
    "base": "USD",
    "date": "2025-11-08",
    "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": 1762484618,
    "base": "USD",
    "date": "2025-11-07",
    "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": "2025-11-01",
    "end_date": "2025-11-08",
    "base": "USD",
    "rates": {
        "2025-11-01": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-03": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-08": {
            "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": 1762571018,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-01",
    "end_date": "2025-11-08",
    "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": 1762571018,
    "base": "USD",
    "date": "2025-11-08",
    "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": 1762571018,
    "base": "USD",
    "date": "2025-11-08",
    "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 invaluable resource for traders looking to access real-time and historical data on silver and other metals. By leveraging its various endpoints, developers can create sophisticated trading applications that respond to market changes with agility and precision. From tracking the latest rates to analyzing historical trends, the Metals-API provides the tools necessary for informed decision-making in the fast-paced world of trading.

For more information on how to implement these features in your application, refer to the Metals-API Documentation. Additionally, exploring the Metals-API Supported Symbols page will help you understand the full range of available data. With the right tools and knowledge, you can harness the power of real-time metals data to enhance your trading strategies.