Get Magnesium (MG) Historical Prices for the Last 5 Years using this API
Introduction
In the ever-evolving landscape of metal markets, obtaining accurate and timely data is crucial for developers and businesses alike. This is particularly true for metals like Magnesium (MG), which play a significant role in various industries. To access historical prices for Magnesium over the last five years, developers can leverage the powerful Metals-API. This API provides a comprehensive suite of tools for retrieving real-time and historical metal prices, making it an invaluable resource for anyone looking to integrate metal pricing data into their applications.
Metals-API Information
About Magnesium (MG)
Magnesium is a lightweight metal that has gained prominence in various sectors, including automotive, aerospace, and electronics. As industries increasingly focus on digital transformation, the demand for accurate metal pricing data has surged. The integration of smart technology and data analytics into metal markets has revolutionized how businesses operate, enabling them to make informed decisions based on real-time data.
Technological advancements have paved the way for innovative solutions in metal trading. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to harness the power of data analytics and insights. By utilizing the API, developers can create applications that not only track prices but also analyze trends, forecast future movements, and optimize trading strategies.
API Description
The Metals-API is designed to empower developers with real-time and historical data on various metals, including Magnesium. With its robust capabilities, the API allows users to access a wide range of endpoints that cater to different needs. Whether you are looking to retrieve the latest rates, historical prices, or even perform currency conversions, the Metals-API has you covered.
One of the key features of the Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, you can receive updates every 60 minutes or even every 10 minutes. This level of granularity ensures that you are always working with the most current data available.
Moreover, the API's historical rates endpoint allows users to access data dating back to 2019, making it an excellent resource for analyzing long-term trends in metal prices. By appending a specific date to your query, you can retrieve historical rates for Magnesium and other metals, enabling you to conduct thorough analyses and make informed decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to serve specific functions. Here are some of the most notable features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for all available metals. This endpoint is crucial for developers who need up-to-the-minute pricing information. The response includes the base currency, the date of the data, and the current rates for various metals.
{
"success": true,
"timestamp": 1747630898,
"base": "USD",
"date": "2025-05-19",
"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"
}Historical Rates Endpoint
For those interested in analyzing price trends over time, the Historical Rates endpoint is invaluable. It allows users to query historical data for any date since 1999, providing insights into how prices have fluctuated over the years.
{
"success": true,
"timestamp": 1747544498,
"base": "USD",
"date": "2025-05-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Time-Series Endpoint
The Time-Series endpoint allows developers to retrieve exchange rates for a specific time period. This feature is particularly useful for conducting analyses over defined intervals, enabling users to track price movements and identify trends.
{
"success": true,
"timeseries": true,
"start_date": "2025-05-12",
"end_date": "2025-05-19",
"base": "USD",
"rates": {
"2025-05-12": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-05-14": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-19": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is essential for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1747630898,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Fluctuation Endpoint
The Fluctuation endpoint provides insights into how metal prices fluctuate between two dates. This feature is particularly useful for traders looking to understand market volatility and make informed decisions based on historical price movements.
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-12",
"end_date": "2025-05-19",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC endpoint provides detailed information about the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on candlestick charts and other technical analysis tools.
{
"success": true,
"timestamp": 1747630898,
"base": "USD",
"date": "2025-05-19",
"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"
}Bid/Ask Endpoint
The Bid/Ask endpoint provides current bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices.
{
"success": true,
"timestamp": 1747630898,
"base": "USD",
"date": "2025-05-19",
"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"
}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 metal data into their applications.
Conclusion
In conclusion, the Metals-API offers a robust and flexible solution for developers seeking to access historical prices and real-time data for metals like Magnesium. By leveraging the various endpoints, developers can build applications that provide valuable insights into metal pricing trends, enabling better decision-making in trading and investment strategies. The API's capabilities, including the Latest Rates, Historical Rates, Time-Series, and more, empower developers to create next-generation applications that harness the power of data analytics and smart technology integration.
As industries continue to embrace digital transformation, the importance of accurate and timely metal pricing data cannot be overstated. The Metals-API stands as a testament to the technological advancements shaping the future of metal markets. For more information on how to get started, visit the Metals-API Documentation and explore the possibilities that await.