Access Accurate Madurai Silver (MADU-XAG) Prices in Multiple Currencies with this API
Access Accurate Madurai Silver (MADU-XAG) Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for accessing precise silver prices, specifically the Madurai Silver (MADU-XAG) prices, in multiple currencies. This API not only empowers developers to integrate real-time data into their applications but also opens up a world of possibilities for businesses operating in the metals market.
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 an essential component in modern technology. The integration of smart manufacturing techniques and supply chain technology has further enhanced the demand for silver, making accurate pricing data more critical than ever.
With the rise of digital market analysis, businesses can leverage real-time data to make informed decisions. The Metals-API provides a comprehensive solution for accessing silver prices, allowing businesses to stay ahead of market trends. By utilizing this API, developers can create applications that analyze market fluctuations, track historical data, and even predict future trends based on real-time information.
API Description
The Metals-API is designed to provide developers with a robust set of tools for accessing metals prices, including silver. This API is built on the principles of innovation and technological advancement, offering real-time data that can transform how businesses operate in the metals market. With its extensive capabilities, the Metals-API empowers developers to build next-generation applications that can analyze and visualize metals data effectively.
One of the standout features of the Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, the API's latest endpoint returns updated prices every 60 minutes, every 10 minutes, or even more frequently. This ensures that businesses have access to the most current data, allowing them to make timely decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different business needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals, including silver. The data is updated frequently, ensuring accuracy.
- Historical Rates Endpoint: Businesses can access historical rates dating back to 2019. This feature is invaluable for market analysis and trend forecasting.
- Bid and Ask Endpoint: This endpoint allows users to retrieve real-time bid and ask prices, providing insights into market dynamics.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different currencies seamlessly.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates, facilitating in-depth market analysis.
- Fluctuation Endpoint: This feature tracks how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and traders.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices over a specified period.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for specific time periods, which is essential for technical analysis.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market research.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of how to use various endpoints effectively:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767745509,
"base": "USD",
"date": "2026-01-07",
"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"
}
This response indicates that the current price of silver (XAG) is 0.03815 per troy ounce, relative to USD. Developers can use this data to display real-time prices in their applications.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767659109,
"base": "USD",
"date": "2026-01-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates, which can be used for trend analysis and forecasting. For example, on January 6, 2026, the price of silver was 0.03825 per troy ounce.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-31",
"end_date": "2026-01-07",
"base": "USD",
"rates": {
"2025-12-31": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-02": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-07": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series data allows users to analyze price trends over a specific period, which is essential for making informed trading decisions.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767745509,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint demonstrates how to convert an amount from one currency to another. In this case, 1000 USD converts to 0.482 troy ounces of gold (XAU).
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-31",
"end_date": "2026-01-07",
"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"
}
The fluctuation endpoint provides insights into how prices change over time, which is crucial for traders looking to capitalize on market movements.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1767745509,
"base": "USD",
"date": "2026-01-07",
"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 endpoint provides essential data for technical analysis, allowing traders to assess market conditions based on opening, high, low, and closing prices.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1767745509,
"base": "USD",
"date": "2026-01-07",
"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 provides critical information for traders, allowing them to understand market liquidity and make informed trading decisions.
Conclusion
The Metals-API is a powerful tool for developers and businesses looking to access accurate Madurai Silver (MADU-XAG) prices in multiple currencies. With its extensive range of endpoints, including real-time rates, historical data, and conversion capabilities, this API empowers users to make informed decisions in the metals market.
By leveraging the capabilities of the Metals-API, businesses can enhance their market analysis, optimize their trading strategies, and ultimately drive growth. Whether you are a developer building a financial application or a business seeking to integrate real-time metals data, the Metals-API provides the tools necessary for success.
For more information, visit the Metals-API Documentation and explore the Metals-API Supported Symbols to discover the full range of functionalities available to you.