Access real-time Madurai Silver (MADU-XAG) prices using this API
Access Real-Time Madurai Silver (MADU-XAG) Prices Using This API
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. For those interested in the precious metals market, particularly Silver (XAG), the Metals-API offers a powerful solution. This API provides developers with the tools necessary to access live pricing data, historical trends, and various analytical features that can enhance applications in finance, trading, and investment.
Metals-API Information
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal used for jewelry and investment; it plays a significant role in various industrial applications. From electronics to solar panels, the demand for silver is driven by its unique properties, such as high conductivity and reflectivity. As industries evolve, the integration of technology in manufacturing processes has led to innovative applications of silver, making it a vital component in smart manufacturing.
Moreover, the digital market analysis of silver prices is essential for traders and investors. Understanding the fluctuations in silver prices can provide insights into market trends and help in making strategic decisions. The Metals-API Documentation offers comprehensive guidance on how to leverage this data effectively.
API Description
The Metals-API is designed to empower developers by providing real-time metals data that can be integrated into various applications. This API is not just about fetching prices; it represents a transformative potential for businesses looking to innovate in the financial sector. With the ability to access live data, developers can create next-generation applications that respond to market changes instantly.
One of the standout features of the Metals-API is its capability to deliver data at different intervals based on subscription plans. Whether you need updates every minute or every hour, the API can cater to your needs, ensuring that you have the most accurate and timely information at your fingertips.
Key Features and Endpoints
The Metals-API comes equipped with a variety of endpoints that serve different purposes, each designed to enhance the user experience and provide valuable insights into the metals market.
The Latest Rates Endpoint is a fundamental feature that allows users to retrieve real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint can provide updates every 60 minutes or even more frequently. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1761440435,
"base": "USD",
"date": "2025-10-26",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}This response provides the current rates for various metals, including silver, allowing developers to integrate this data into their applications seamlessly.
For those interested in historical data, the Historical Rates Endpoint allows users to access exchange rates dating back to 2019. This is particularly useful for analyzing trends over time. A sample response might look like this:
{
"success": true,
"timestamp": 1761354035,
"base": "USD",
"date": "2025-10-25",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}By appending a specific date to the API request, developers can retrieve historical rates, enabling them to conduct thorough market analyses.
The Bid and Ask Endpoint is another powerful feature that provides real-time bid and ask prices for silver and other metals. This is crucial for traders who need to make quick decisions based on current market conditions. A typical response might look like this:
{
"success": true,
"timestamp": 1761440435,
"base": "USD",
"date": "2025-10-26",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}This endpoint allows traders to understand the market's current buying and selling prices, facilitating informed trading decisions.
For those needing to convert between different metals or currencies, the Convert Endpoint is invaluable. It allows users to convert any amount from one metal to another or to/from USD. An example response could be:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761440435,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}This feature is particularly useful for businesses that deal with multiple currencies and need to streamline their financial processes.
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends over specific periods. A typical response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2025-10-19",
"end_date": "2025-10-26",
"base": "USD",
"rates": {
"2025-10-19": {
"XAG": 0.03825
},
"2025-10-26": {
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}This endpoint is essential for developers looking to create applications that require historical data analysis.
Another useful feature is the Fluctuation Endpoint, which provides information about how prices fluctuate on a day-to-day basis. This can help traders understand market volatility. A sample response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-19",
"end_date": "2025-10-26",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}This endpoint is particularly useful for traders who need to track price changes over time to make informed decisions.
The Open/High/Low/Close (OHLC) Price Endpoint provides detailed price data for a specific time period. This is crucial for technical analysis. A typical response might look like this:
{
"success": true,
"timestamp": 1761440435,
"base": "USD",
"date": "2025-10-26",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}Understanding these metrics can provide traders with insights into market trends and help them make better trading decisions.
For those interested in the historical prices of metals traded on the London Metal Exchange (LME), the Historical LME Endpoint allows access to historical rates dating back to 2008. This endpoint is particularly useful for businesses that need to analyze long-term trends in metal prices.
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 solution for accessing real-time silver prices and other metal data. With its comprehensive set of features, including the Latest Rates, Historical Rates, Bid and Ask, and various conversion endpoints, developers can create powerful applications that cater to the needs of traders and investors alike. The ability to access real-time data, historical trends, and analytical tools positions the Metals-API as an essential resource in the financial technology landscape.
For further exploration, developers are encouraged to dive into the Metals-API Documentation to understand the full capabilities of the API and how to implement it effectively in their projects. By leveraging the power of real-time metals data, businesses can enhance their decision-making processes and stay ahead in the competitive market.