Retrieve Mysore Silver (MYSO-XAG) Historical Prices with Our API
Retrieve Mysore Silver (MYSO-XAG) Historical Prices with Our API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for silver, specifically Mysore Silver (MYSO-XAG), is crucial for traders, analysts, and developers alike. With the Metals-API, you can seamlessly retrieve historical price data and integrate it into your applications. This blog post will delve into the intricacies of silver, its industrial applications, and how to effectively utilize the Metals-API to access historical prices.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties, such as high electrical conductivity and reflectivity, make it indispensable in sectors ranging from electronics to renewable energy. The rise of smart manufacturing and technological innovations has further amplified the demand for silver, as it plays a pivotal role in the production of solar panels, batteries, and other advanced technologies.
The digital market analysis of silver reveals a dynamic landscape where real-time data is essential for making informed decisions. The integration of supply chain technology has transformed how silver is sourced, processed, and traded, allowing for greater transparency and efficiency. As developers, understanding these trends is vital for creating applications that meet the needs of modern traders and investors.
Metals-API Overview
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 provides a range of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data dating back to 2019. By leveraging the capabilities of the Metals-API, developers can build next-generation applications that provide users with accurate and timely information.
Key Features of Metals-API
The Metals-API offers a comprehensive suite of features that empower developers to create robust applications. Here are some of the key endpoints and their functionalities:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or even more frequently. This feature is essential for traders who need to stay informed about market fluctuations.
- Historical Rates Endpoint: Access historical rates for silver and other metals dating back to 2019. By appending a specific date to your query, you can retrieve past exchange rates, allowing for in-depth analysis and trend identification.
- Bid and Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for silver. Understanding the spread between these prices is crucial for making informed trading decisions.
- Convert Endpoint: The Metals-API includes a currency conversion feature, allowing you to convert amounts between different metals or to/from USD. This is particularly useful for traders dealing with multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price trends over specific periods.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This feature provides insights into market volatility and helps traders anticipate price movements.
- Carat Endpoint: Retrieve information about gold rates by carat, which can be useful for jewelers and traders dealing with gold.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for silver over a specified period. This information is crucial for identifying market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for silver, which is essential for technical analysis and understanding market trends.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
- API Key: Your unique API key is required to access the Metals-API. This key must be included in the API base URL's access_key parameter to authenticate your requests.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in your data analysis.
- Available Endpoints: The API features 14 endpoints, each providing distinct functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, allowing you to stay informed about the latest additions.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you updated on market trends and developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of API responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765677701,
"base": "USD",
"date": "2025-12-14",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates a successful query, providing the latest exchange rates for silver (XAG) and other metals. The data is presented in a clear format, making it easy to integrate into your applications.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765591301,
"base": "USD",
"date": "2025-12-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example demonstrates how to retrieve historical rates for silver. The response includes the date and corresponding rates, allowing for effective analysis of price movements over time.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"base": "USD",
"rates": {
"2025-12-07": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-09": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-14": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint allows you to analyze price trends over a specified period. This data is essential for traders looking to identify patterns and make informed decisions.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765677701,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response illustrates how to convert an amount from USD to silver (XAU). The result provides a clear indication of the equivalent value in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-07",
"end_date": "2025-12-14",
"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"
}
The fluctuation endpoint provides insights into how silver prices have changed over a specific period. This information is vital for traders looking to understand market volatility.
Open/High/Low/Close (OHLC) Price Endpoint
{
"success": true,
"timestamp": 1765677701,
"base": "USD",
"date": "2025-12-14",
"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"
}
This endpoint provides critical OHLC data, which is essential for technical analysis. Traders can use this information to make predictions about future price movements based on historical performance.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765677701,
"base": "USD",
"date": "2025-12-14",
"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"
}
The bid/ask endpoint provides real-time pricing information, which is crucial for traders looking to execute orders at the best possible prices. Understanding the spread can help traders optimize their strategies.
Conclusion
Accessing historical prices for Mysore Silver (MYSO-XAG) is essential for traders and developers looking to make informed decisions in the precious metals market. The Metals-API Documentation provides comprehensive guidance on how to utilize the various endpoints effectively. By leveraging the capabilities of the Metals-API, you can build applications that offer real-time data, historical analysis, and valuable insights into market trends.
For a complete list of supported symbols, refer to the Metals-API Supported Symbols page. With the right tools and knowledge, you can harness the power of real-time metals data to enhance your trading strategies and applications.