Integrate Mumbai Silver (XAG-MUMB) prices into your project using this API

Integrate Mumbai Silver (XAG-MUMB) Prices into Your Project Using This API

In the world of precious metals, silver holds a unique position due to its diverse applications ranging from industrial uses to investment opportunities. The Metals-API provides a powerful tool for developers looking to integrate real-time silver prices, specifically the Mumbai Silver (XAG-MUMB) rates, into their applications. This blog post will delve into the significance of silver, its markets, and how the Metals-API can be utilized to access and manipulate silver pricing data effectively.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it is a versatile commodity with a wide array of applications. From electronics to solar panels, silver plays a crucial role in various industries. The demand for silver is driven by its industrial applications, particularly in technology and manufacturing. Innovations in smart manufacturing and supply chain technology have further increased the need for real-time data on silver prices.

The digital market analysis of silver prices reveals trends that can significantly impact investment decisions. As industries evolve, the integration of technology in manufacturing processes has made it essential for businesses to stay updated with the latest market rates. This is where the Metals-API comes into play, offering developers the ability to access real-time and historical silver pricing data.

API Description

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 by offering a suite of features that facilitate seamless integration of metals pricing data. With the ability to access real-time rates, historical data, and various endpoints, the Metals-API stands out as a transformative tool for developers in the financial technology space.

For more information, you can visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here’s a breakdown of 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, you can receive updates every 60 minutes or even every 10 minutes. This is crucial for applications that require up-to-the-minute pricing information.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver. Understanding the spread between these prices can help traders make informed decisions.
Convert Endpoint: The API includes a currency conversion feature that enables you to convert amounts between different metals or to/from USD. This is particularly useful for applications that deal with multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is essential for analyzing price movements over time.
Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders and investors make strategic decisions.
Carat Endpoint: Retrieve information about gold rates by carat, which can be useful for applications focused on jewelry and precious metals trading.
Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices of silver over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for silver, which is crucial for technical analysis in trading.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
API Key: Your unique API key is essential for accessing the API. It must be included in the API base URL's access_key parameter.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API features 14 different endpoints, each designed for specific functionalities, enhancing the versatility of the API.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring you have access to the latest data.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

For a complete list of supported symbols, 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 integration. Below are examples of various API endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1761872437,
    "base": "USD",
    "date": "2025-10-31",
    "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"
}

The response indicates that the request was successful and provides the latest exchange rates for various metals, including silver (XAG).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1761786037,
    "base": "USD",
    "date": "2025-10-30",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows you to access historical rates, which can be used for analysis and reporting.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-24",
    "end_date": "2025-10-31",
    "base": "USD",
    "rates": {
        "2025-10-24": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-26": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-31": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates, allowing for detailed trend analysis over a specified period.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761872437,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint enables you to convert amounts between different metals or currencies, providing flexibility in financial applications.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-24",
    "end_date": "2025-10-31",
    "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 endpoint provides insights into how silver prices fluctuate over time, which is essential for traders looking to capitalize on market movements.

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

{
    "success": true,
    "timestamp": 1761872437,
    "base": "USD",
    "date": "2025-10-31",
    "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 critical data for traders, allowing them to analyze market trends and make informed decisions based on price movements.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1761872437,
    "base": "USD",
    "date": "2025-10-31",
    "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"
}

The Bid/Ask Endpoint is crucial for traders who need to understand the current market conditions and make timely decisions.

Conclusion

Integrating Mumbai Silver (XAG-MUMB) prices into your project using the Metals-API opens up a world of possibilities for developers. With its comprehensive suite of endpoints, the API provides access to real-time and historical data, empowering applications to deliver accurate and timely information. Whether you are developing a trading platform, a financial analysis tool, or a market research application, the Metals-API is an invaluable resource.

By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance user experience and provide critical insights into the silver market. For further exploration, refer to the Metals-API Documentation and the Metals-API Supported Symbols page to understand the full range of functionalities available.

In conclusion, the integration of real-time metals data through the Metals-API not only enhances application functionality but also positions developers at the forefront of the evolving financial technology landscape.

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Integrate Mumbai Silver (XAG-MUMB) prices into your project using this API