Get Mysore Silver (MYSO-XAG) Historical Prices with Simple API Calls
Get Mysore Silver (MYSO-XAG) Historical Prices with Simple API Calls
In the world of precious metals, silver (XAG) holds a significant position not just as a valuable commodity but also as a critical component in various industrial applications. With the rise of technology and innovation in manufacturing, the demand for silver has surged, making it essential for developers and businesses to access real-time and historical price data. This is where the Metals-API comes into play, providing a robust platform for retrieving historical prices and other vital information about silver and other metals.
About Silver (XAG)
Silver is not only prized for its aesthetic appeal in jewelry and ornaments but also for its industrial applications. It is widely used in electronics, solar panels, and medical devices due to its excellent conductivity and antibacterial properties. As industries evolve, the integration of smart manufacturing technologies has further increased the demand for silver. This shift towards innovation necessitates accurate and timely data on silver prices, which can be efficiently accessed through the Metals-API.
The digital market analysis of silver reveals that its price fluctuations are influenced by various factors, including supply chain dynamics, geopolitical events, and technological advancements in manufacturing processes. By leveraging the Metals-API Documentation, developers can build applications that provide insights into these trends, enabling businesses to make informed decisions based on real-time data.
API Description
The Metals-API is a powerful tool designed to empower developers with real-time metals data. It offers a wide range of endpoints that facilitate the retrieval of historical prices, current rates, and other essential information about various metals, including silver (XAG). The API's capabilities extend beyond mere data retrieval; it enables the creation of next-generation applications that can analyze market trends, optimize supply chains, and enhance manufacturing processes.
With the Metals-API, developers can access a comprehensive suite of features, including:
- 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 crucial for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API call, developers can retrieve historical price data for silver, allowing for in-depth market analysis and trend forecasting.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for silver and other metals, providing insights into market liquidity and pricing strategies.
- Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions and financial planning.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it ideal for trend analysis over specific periods.
- Fluctuation Endpoint: Users can track how silver prices fluctuate on a day-to-day basis, providing valuable insights into market volatility and price stability.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which can be useful for businesses dealing in jewelry and precious metals.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API to get the lowest and highest price of silver over a specified period, aiding in investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can obtain open, high, low, and close prices for silver, which are essential for technical analysis in trading.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user is provided with a unique API key that must be included in API requests to authenticate and authorize access.
- API Response: The Metals-API delivers exchange rates relative to USD, ensuring consistency and ease of use for developers.
- Available Endpoints: The API offers 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring developers have access to the latest data.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market trends and developments.
Key Features and Endpoints
To illustrate the capabilities of the Metals-API, let's delve deeper into some of its key features and how they can be utilized effectively.
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals, including silver (XAG). This endpoint is crucial for applications that require up-to-the-minute pricing information. Here’s an example of a typical response:
{
"success": true,
"timestamp": 1767831426,
"base": "USD",
"date": "2026-01-08",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates that the current price of silver is 0.03815 USD per troy ounce, which can be utilized in various financial applications.
Historical Rates Endpoint
The Historical Rates Endpoint allows developers to access historical exchange rates for any date since 1999. This is particularly useful for analyzing price trends over time. Here’s an example of a response:
{
"success": true,
"timestamp": 1767745026,
"base": "USD",
"date": "2026-01-07",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
In this case, the historical price of silver on January 7, 2026, was 0.03825 USD per troy ounce, allowing users to track price movements and make informed decisions.
Time-Series Endpoint
The Time-Series Endpoint is invaluable for users looking to analyze price trends over specific periods. For example, querying the API for rates between January 1 and January 8, 2026, would yield a response like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-01",
"end_date": "2026-01-08",
"base": "USD",
"rates": {
"2026-01-01": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-03": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-01-08": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This data can be used to create visualizations or reports that highlight price trends over time, aiding in market analysis.
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. For instance, converting 1000 USD to gold would yield:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767831426,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This feature is particularly useful for businesses that deal in multiple metals and need to perform conversions regularly.
Fluctuation Endpoint
The Fluctuation Endpoint tracks rate fluctuations between two dates, providing insights into market volatility. An example response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-01",
"end_date": "2026-01-08",
"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
}
},
"unit": "per troy ounce"
}
This data can help traders understand market trends and make informed decisions based on price movements.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period, which is essential for technical analysis. A typical response might look like this:
{
"success": true,
"timestamp": 1767831426,
"base": "USD",
"date": "2026-01-08",
"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
}
},
"unit": "per troy ounce"
}
This information is crucial for traders looking to analyze market behavior and make predictions based on historical data.
Bid/Ask Endpoint
The Bid/Ask Endpoint provides current bid and ask prices for metals, which is vital for understanding market liquidity. An example response could be:
{
"success": true,
"timestamp": 1767831426,
"base": "USD",
"date": "2026-01-08",
"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"
}
This data helps traders make informed decisions about buying and selling metals based on current market conditions.
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 various metals into their applications.
Conclusion
In conclusion, the Metals-API is an essential tool for developers and businesses looking to access real-time and historical data on silver (XAG) and other metals. With its extensive range of endpoints and capabilities, the API empowers users to build innovative applications that can analyze market trends, optimize supply chains, and enhance manufacturing processes. By leveraging the API's features, developers can create solutions that not only meet the demands of today's market but also anticipate future trends.
For more information on how to implement these features and to explore the full potential of the Metals-API, visit the Metals-API Website and check out the Metals-API Documentation. By utilizing these resources, you can ensure that your applications are equipped with the most accurate and timely data available.