Fetch Mysore Silver (MYSO-XAG) price data using this API
In the world of precious metals, silver (XAG) holds a significant place not only as a valuable asset but also as a critical component in various industrial applications. The demand for silver has surged in recent years, driven by its unique properties and versatility. To keep track of the ever-fluctuating prices of silver, developers can leverage the Metals-API, a powerful tool that provides real-time and historical data on silver and other metals. This blog post will delve into the intricacies of fetching Mysore Silver (MYSO-XAG) price data using this API, exploring its features, capabilities, and practical applications.
Metals-API Information
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal used for jewelry and investment; it plays a pivotal role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it an essential material in modern technology. The integration of smart manufacturing processes has further enhanced the demand for silver, as industries seek to innovate and improve efficiency. Moreover, the digital market analysis of silver prices has become increasingly sophisticated, allowing investors and manufacturers to make informed decisions based on real-time data.
As technology continues to evolve, the manufacturing sector is embracing digital transformation. This includes the use of advanced analytics and supply chain technologies that optimize the sourcing and utilization of silver. The Metals-API provides developers with the tools necessary to tap into this wealth of information, enabling the creation of applications that can track silver prices, analyze market trends, and even predict future movements based on historical data.
API Description
The Metals-API is designed to provide developers with comprehensive access to real-time and historical data on various metals, including silver. This API empowers developers to build next-generation applications that can analyze and visualize metal prices, making it an invaluable resource for financial analysts, traders, and businesses involved in the metals market.
With a focus on innovation and technological advancement, the Metals-API offers a range of endpoints that cater to different data needs. Whether you are looking for the latest rates, historical data, or specific market trends, this API has you covered. The transformative potential of real-time metals data cannot be overstated, as it allows businesses to respond swiftly to market changes and optimize their operations accordingly.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each designed to provide specific functionalities that cater to the needs of developers and businesses alike. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint is a crucial feature that provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This allows users to stay informed about the current market conditions and make timely decisions.
{
"success": true,
"timestamp": 1764900045,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
For those interested in analyzing trends over time, the Historical Rates Endpoint provides access to historical exchange rates dating back to 2019. Users can query the API for specific dates, allowing for in-depth analysis of price movements and market behavior.
{
"success": true,
"timestamp": 1764813645,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for silver and other metals. This information is essential for traders looking to make informed buying and selling decisions.
{
"success": true,
"timestamp": 1764900045,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to calculate prices in real-time.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764900045,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for trend analysis and forecasting.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"2025-11-28": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-05": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how silver prices fluctuate on a day-to-day basis. This is crucial for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides detailed price information, including the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market trends and make strategic decisions.
{
"success": true,
"timestamp": 1764900045,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for businesses that need to analyze long-term trends in the metals market.
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 developers looking to integrate specific metals into their applications.
Conclusion
In conclusion, the Metals-API is a powerful tool for developers looking to access real-time and historical data on silver and other metals. With its extensive range of endpoints, the API allows for comprehensive market analysis and informed decision-making. By leveraging the capabilities of the Metals-API, businesses can optimize their operations, enhance their trading strategies, and stay ahead in the competitive metals market. For more information on how to get started, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.