Obtain Madurai Silver (MADU-XAG) Historical Prices via this API

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 Silver, the Metals-API provides a robust solution. This blog post will delve into how to obtain historical prices for Madurai Silver (MADU-XAG) using the Metals-API, exploring its capabilities, features, and practical applications.

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a valuable asset for investors but also a critical component in various industrial applications. From electronics to solar panels, Silver's conductivity and reflective properties make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for Silver, making it essential for developers to have access to accurate and real-time data.

As the digital market evolves, the need for precise market analysis becomes paramount. The Metals-API empowers developers to harness real-time data, enabling them to create applications that can analyze trends, forecast prices, and optimize supply chain operations. By leveraging the capabilities of the Metals-API, businesses can stay ahead in the competitive landscape of precious metals trading.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on various metals, including Silver. This API is built with innovation in mind, allowing for seamless integration into applications that require up-to-date information on metal prices. With its user-friendly interface and comprehensive documentation, developers can quickly implement features that enhance their applications.

For more detailed information, you can visit the Metals-API Documentation. This resource provides in-depth guidance on how to utilize the API effectively, including endpoint descriptions, parameter details, and response formats.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, allowing developers to access the data they require efficiently. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Silver and other metals. Depending on your subscription plan, updates can occur every 60 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 request, you can retrieve past prices, 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 trading opportunities.
Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals and currencies, facilitating transactions and price comparisons.
Time-Series Endpoint: With this endpoint, you can query daily historical rates between two dates, making it easier to analyze price movements over time.
Fluctuation Endpoint: This endpoint tracks how prices fluctuate between two specified dates, offering insights into market volatility.
Carat Endpoint: Retrieve information about Gold rates by Carat, which can be useful for applications focused on jewelry and precious metal trading.
Lowest/Highest Price Endpoint: This feature allows you to query the API for the lowest and highest prices of Silver over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Access detailed price data, including open, high, low, and close prices for Silver, which is crucial for technical analysis.
Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for comprehensive market analysis.
API Key: Each user is assigned a unique API key, which must be included in requests to authenticate and authorize access to the API.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data representation.
Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest data.
News Endpoint: Stay informed with the latest news articles related to various metals, which can impact market trends and investor decisions.

For a complete list of supported symbols, including Silver, visit the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their expected JSON responses:

Latest Rates Endpoint

To get real-time exchange rates for all available metals, you can use the following request:

{
    "success": true,
    "timestamp": 1761847241,
    "base": "USD",
    "date": "2025-10-30",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1761760841,
    "base": "USD",
    "date": "2025-10-29",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

To get exchange rates for a specific time period, use the time-series endpoint:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-23",
    "end_date": "2025-10-30",
    "base": "USD",
    "rates": {
        "2025-10-23": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-25": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-30": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

To convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761847241,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-23",
    "end_date": "2025-10-30",
    "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"
}

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1761847241,
    "base": "USD",
    "date": "2025-10-30",
    "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"
}

Bid/Ask Endpoint

Retrieve current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1761847241,
    "base": "USD",
    "date": "2025-10-30",
    "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"
}

Conclusion

In conclusion, obtaining historical prices for Madurai Silver (MADU-XAG) through the Metals-API is a straightforward process that opens up numerous possibilities for developers and businesses alike. With its comprehensive set of features, including real-time data, historical rates, and various endpoints tailored to specific needs, the Metals-API stands out as a valuable resource in the precious metals market.

By leveraging the capabilities of the Metals-API, developers can create applications that not only track prices but also analyze trends, forecast future movements, and optimize trading strategies. The integration of advanced technologies and real-time data empowers businesses to make informed decisions in a rapidly changing market.

For more information on how to get started, visit the Metals-API Website and explore the extensive documentation available. With the right tools and data at your disposal, you can unlock the full potential of Silver trading and investment.

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Obtain Madurai Silver (MADU-XAG) Historical Prices via this API