The Easiest Way to Get Malappuram Silver (MALA-XAG) Historical Rates Using API Queries
The Easiest Way to Get Malappuram Silver (MALA-XAG) Historical Rates Using API Queries
In today's fast-paced financial landscape, accessing real-time and historical data for precious metals like silver is crucial for investors, traders, and developers alike. The Metals-API provides a robust solution for obtaining historical prices for Malappuram Silver (MALA-XAG) through a series of well-documented API queries. This blog post will guide you through the process of retrieving historical rates for silver, including example endpoints, parameters, and data formats, while also exploring the broader implications of silver in industrial applications and technological advancements.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal valued for its aesthetic appeal but also plays a significant role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it indispensable in modern manufacturing. As technology evolves, so does the demand for silver, leading to innovations in smart manufacturing and supply chain technology. The digital market analysis of silver prices can provide insights into trends and fluctuations, empowering stakeholders to make informed decisions.
Understanding Metals-API
The Metals-API is a powerful tool that offers real-time and historical data for various metals, including silver. This API enables developers to build next-generation applications by providing access to comprehensive data sets that can drive innovation in financial technology. With capabilities that include real-time exchange rates, historical data, and conversion features, the Metals-API is designed to meet the needs of technically proficient developers.
Key Features of Metals-API
Metals-API offers a variety of endpoints that cater to different data retrieval 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 or more frequently. It provides the latest prices for silver and other metals.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to your query, you can retrieve historical price data for analysis.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver, providing insights into market dynamics.
- Convert Endpoint: Easily convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth trend analysis.
- Fluctuation Endpoint: Track how silver prices fluctuate over a specified period, providing valuable insights into market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve open, high, low, and close prices for silver over a specified time period, essential for technical analysis.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for silver on a specific date, useful for identifying market extremes.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, offering a broader perspective on market trends.
- API Key: Your unique API key is essential for accessing the API and must be included in your requests.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, including silver.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
API Endpoint Examples and Responses
To illustrate how to use the Metals-API effectively, let's explore some example endpoints and their corresponding JSON responses.
Latest Rates Endpoint
To get real-time exchange rates for silver, you can use the following endpoint:
GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY
Example Response:
{
"success": true,
"timestamp": 1762308116,
"base": "USD",
"date": "2025-11-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
To access historical exchange rates for silver, append a specific date to your query:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2025-11-04
Example Response:
{
"success": true,
"timestamp": 1762221716,
"base": "USD",
"date": "2025-11-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
To get exchange rates for a specific time period, use the time-series endpoint:
GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2025-10-29&end_date=2025-11-05
Example Response:
{
"success": true,
"timeseries": true,
"start_date": "2025-10-29",
"end_date": "2025-11-05",
"base": "USD",
"rates": {
"2025-10-29": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-11-05": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
To convert amounts between metals or to/from USD:
GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAG&amount=1000
Example Response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1762308116,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}
Fluctuation Endpoint
To track rate fluctuations between two dates:
GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2025-10-29&end_date=2025-11-05
Example Response:
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-29",
"end_date": "2025-11-05",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
To retrieve OHLC data for silver:
GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2025-11-05
Example Response:
{
"success": true,
"timestamp": 1762308116,
"base": "USD",
"date": "2025-11-05",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
To get current bid and ask prices for silver:
GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY
Example Response:
{
"success": true,
"timestamp": 1762308116,
"base": "USD",
"date": "2025-11-05",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing historical rates for Malappuram Silver (MALA-XAG) through the Metals-API is a straightforward process that can greatly enhance your financial analysis and decision-making capabilities. By leveraging the various endpoints offered by the API, developers can create applications that provide real-time insights into silver prices, track fluctuations, and perform conversions seamlessly. The comprehensive documentation available at the Metals-API Documentation ensures that you have all the resources needed to implement these features effectively.
For a complete list of supported symbols, including silver, refer to the Metals-API Supported Symbols page. By integrating this powerful API into your applications, you can stay ahead in the dynamic world of precious metals trading and analysis.