Fetching Madurai Silver (MADU-XAG) Historical Prices with this API

Introduction

In the world of precious metals, silver (XAG) holds a significant place due to its diverse industrial applications and investment potential. For developers and businesses looking to access historical prices of Madurai Silver (MADU-XAG), the Metals-API offers a robust solution. This API provides real-time and historical data, enabling users to build applications that can track price fluctuations, analyze market trends, and make informed decisions. In this blog post, we will explore the capabilities of the Metals-API, focusing on how to fetch historical prices for silver and the various features that make this API a powerful tool for developers.

About Silver (XAG)

Silver is not just a precious metal; it is a vital component in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, leading to innovative applications that require precise market data.

In the digital marketplace, the analysis of silver prices is crucial for investors and manufacturers alike. By leveraging the Metals-API, developers can create applications that provide real-time insights into silver prices, helping businesses optimize their operations and investment strategies.

API Description

The Metals-API is designed to provide developers with access to real-time and historical metals data, including silver prices. With its innovative capabilities, the API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. The API's transformative potential lies in its ability to deliver accurate and timely data, which is essential for making informed decisions in the fast-paced world of metals trading.

For more information on how to get started, visit the Metals-API Website or check out the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, allowing developers to access a wealth of information about silver and other metals. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint 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 or even every 10 minutes. This feature is particularly useful for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1781828030,
"base": "USD",
"date": "2026-06-19",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is essential for analyzing trends over time. The Historical Rates Endpoint allows users to query historical prices for silver dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is invaluable for market analysis and forecasting.

{
"success": true,
"timestamp": 1781741630,
"base": "USD",
"date": "2026-06-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825
},
"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. This information is crucial for traders looking to make quick decisions based on market conditions.

{
"success": true,
"timestamp": 1781828030,
"base": "USD",
"date": "2026-06-19",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.

{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1781828030,
"rate": 0.03815
},
"result": 38.15,
"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 feature is beneficial for analyzing trends over specific periods, providing insights into how silver prices have fluctuated over time.

{
"success": true,
"timeseries": true,
"start_date": "2026-06-12",
"end_date": "2026-06-19",
"base": "USD",
"rates": {
"2026-06-12": {
"XAG": 0.03825
},
"2026-06-19": {
"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 data is essential for traders looking to understand market volatility and make informed decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-06-12",
"end_date": "2026-06-19",
"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 allows users to retrieve the open, high, low, and close prices for silver over a specific time period. This data is crucial for technical analysis and helps traders identify market trends.

{
"success": true,
"timestamp": 1781828030,
"base": "USD",
"date": "2026-06-19",
"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 endpoint is particularly useful for users interested in historical data specific to the London Metal Exchange.

{
"success": true,
"timestamp": 1781741630,
"base": "USD",
"date": "2026-06-18",
"rates": {
"XAG": 0.03825
},
"unit": "per troy ounce"
}

API Key and Response

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures secure access to the API's features.

The API response is delivered in JSON format, with exchange rates relative to USD by default. All data is returned in a structured format, making it easy for developers to integrate into their applications.

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.

Conclusion

In conclusion, the Metals-API offers a powerful solution for developers looking to access historical prices and real-time data for silver (XAG). With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Bid and Ask features, the API provides the tools necessary for building sophisticated applications that can analyze market trends and make informed decisions.

By leveraging the capabilities of the Metals-API, developers can create applications that not only track silver prices but also integrate advanced features such as currency conversion and historical analysis. This API is an invaluable resource for anyone involved in the metals market, from traders to manufacturers.

For more information on how to utilize the Metals-API, visit the Metals-API Documentation and explore the various endpoints available to enhance your applications.