Access Mangalore Silver (MANG-XAG) Historical Prices through this API
Access Mangalore Silver (MANG-XAG) Historical Prices through this API
In the ever-evolving landscape of precious metals, silver (XAG) stands out not only for its intrinsic value but also for its diverse industrial applications. As a developer, accessing historical prices for silver through the Metals-API can empower you to create innovative applications that leverage real-time and historical data. This blog post delves into the intricacies of silver, its applications, and how you can effectively utilize the Metals-API to access historical prices and other valuable data.
About Silver (XAG)
Silver, represented by the symbol XAG, is a precious metal that has been valued for centuries. Its applications extend beyond jewelry and investment; it plays a crucial role in various industrial sectors, including electronics, solar energy, and healthcare. The demand for silver in technology is driven by its excellent conductivity and reflective properties, making it a key component in manufacturing processes.
In recent years, the integration of smart manufacturing technologies has transformed how silver is sourced, processed, and utilized. Innovations such as IoT sensors and AI-driven analytics are optimizing supply chains and enhancing production efficiency. The digital market analysis of silver prices has become increasingly sophisticated, allowing stakeholders to make informed decisions based on real-time data.
Metals-API Overview
The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including silver. This API is designed to facilitate the integration of metals pricing data into applications, enabling developers to create solutions that respond to market fluctuations and trends.
With the Metals-API, you can access a range of endpoints that provide different functionalities, such as retrieving the latest rates, historical prices, and bid/ask prices. The API is built with innovation in mind, allowing developers to harness the transformative potential of real-time metals data to build next-generation applications.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different data 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, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- 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, 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, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling you to convert amounts between different metals or to/from USD. This is particularly useful for applications that require multi-metal pricing.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is ideal for analyzing price movements over specific periods.
- Fluctuation Endpoint: Retrieve information about how silver prices fluctuate on a day-to-day basis. This data can help in understanding market volatility and making informed trading decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for silver over a specified period. This data is crucial for technical analysis and trading strategies.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of silver for a specific date, which can be useful for identifying market extremes.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008. This endpoint is particularly beneficial for those interested in the London Metal Exchange pricing.
- News Endpoint: Retrieve the latest news articles related to silver and other metals, keeping you informed about market developments and trends.
Understanding API Responses
When you make a request to the Metals-API, the response is delivered in JSON format, which is easy to parse and integrate into your applications. Hereβs a breakdown of what you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1762282847,
"base": "USD",
"date": "2025-11-04",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
The response includes a success flag, a timestamp, the base currency, the date of the rates, and the rates for various metals, including silver (XAG). The unit indicates that the rates are per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1762196447,
"base": "USD",
"date": "2025-11-03",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This endpoint provides historical data for a specific date, allowing you to analyze past price movements. The response structure is similar to the latest rates endpoint.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-28",
"end_date": "2025-11-04",
"base": "USD",
"rates": {
"2025-10-28": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-11-04": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
The time-series endpoint returns rates for a range of dates, allowing for comprehensive analysis of price trends over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1762282847,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint allows you to convert a specified amount from one metal to another or to/from USD, providing the conversion rate and the result.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-28",
"end_date": "2025-11-04",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
This endpoint provides insights into how silver prices have fluctuated over a specified period, including the percentage change.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1762282847,
"base": "USD",
"date": "2025-11-04",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
The OHLC endpoint provides critical data for traders, offering insights into market behavior over a specific period.
Practical Use Cases
Understanding how to leverage the Metals-API can open up numerous possibilities for developers. Here are some practical use cases:
- Investment Tracking: Build applications that allow users to track their silver investments in real-time, providing alerts for price changes and historical performance analysis.
- Market Analysis Tools: Create analytical tools that utilize historical data to forecast future price movements, helping traders make informed decisions.
- Supply Chain Management: Integrate real-time pricing data into supply chain systems to optimize procurement strategies based on current market conditions.
- Financial Reporting: Develop reporting tools that compile historical price data for silver, assisting businesses in financial planning and analysis.
Conclusion
Accessing historical prices for silver through the Metals-API provides developers with a powerful resource for creating innovative applications. By leveraging the API's various endpoints, you can gain insights into market trends, optimize investment strategies, and enhance decision-making processes. The integration of real-time and historical data into your applications can significantly improve user experience and provide a competitive edge in the market.
For more detailed information on how to implement these features, refer to the Metals-API Documentation and explore the comprehensive Metals-API Supported Symbols list. By understanding the capabilities of the Metals-API, you can unlock the full potential of silver data in your applications.