Access Faridabad Silver (FARI-XAG) Historical Prices with this API

Access Faridabad Silver (FARI-XAG) Historical Prices with this API

In the ever-evolving landscape of financial technology, accessing real-time and historical data for precious metals like silver is crucial for developers and businesses alike. The Metals-API provides a robust solution for obtaining historical prices of silver, represented by the symbol XAG. This blog post delves into the capabilities of the Metals-API, focusing on how developers can leverage its features to access historical prices and integrate them into their applications.

About Silver (XAG)

Silver, denoted by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it an essential material in electronics, solar panels, and medical devices. As technology advances, the demand for silver continues to grow, driven by innovations in manufacturing and smart technologies.

In the realm of digital market analysis, silver's price fluctuations can provide insights into economic trends and investor sentiment. The integration of supply chain technology has further enhanced the ability to track silver's availability and pricing, making it easier for businesses to make informed decisions. As industries increasingly adopt smart manufacturing practices, the role of silver in production processes becomes even more significant.

Metals-API Overview

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including silver. This API empowers users to build next-generation applications that require accurate and timely information about metal prices. With its innovative features, the Metals-API transforms how businesses interact with metal data, enabling them to make data-driven decisions.

For more information, you can visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

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

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes or even every 10 minutes. This feature is invaluable for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1764946856,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is essential for analyzing trends over time. The Historical Rates Endpoint allows you to query historical prices for silver dating back to 2019. By appending a specific date to your request, you can retrieve the price of silver on that date, enabling comprehensive market analysis.

{
"success": true,
"timestamp": 1764860456,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series Endpoint is particularly useful for developers looking to analyze price movements over a specific period. By querying this endpoint, you can obtain daily historical rates for silver between two chosen dates, facilitating in-depth analysis of price trends.

{
"success": true,
"timeseries": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"2025-11-28": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-05": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for applications that require dynamic currency conversion based on current market rates.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764946856,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how silver prices fluctuate over time. By tracking rate changes between two dates, developers can gain a better understanding of market volatility and make informed decisions based on historical data.

{
"success": true,
"fluctuation": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}

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

The OHLC Price Endpoint provides critical data for traders and analysts by offering the open, high, low, and close prices for silver over a specified time period. This information is essential for technical analysis and market forecasting.

{
"success": true,
"timestamp": 1764946856,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}

Bid/Ask Endpoint

The Bid/Ask Endpoint allows developers to retrieve current bid and ask prices for silver. This feature is crucial for applications that require real-time trading data and market insights.

{
"success": true,
"timestamp": 1764946856,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}

Authentication and API Key

To access the Metals-API, developers must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features. Proper management of the API key is crucial for maintaining security and preventing unauthorized access.

Performance Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce the number of API calls, especially for endpoints that provide historical data. Additionally, understanding rate limits and quota management is vital to ensure that applications remain responsive and do not exceed usage limits.

Common Pitfalls and Troubleshooting

Developers may encounter various challenges when working with the Metals-API. Common pitfalls include incorrect parameter values, which can lead to errors in API responses. It is essential to validate input data and handle error responses gracefully. Implementing robust error handling and recovery strategies will enhance the reliability of applications utilizing the API.

Conclusion

Accessing historical prices for silver through the Metals-API opens up a world of possibilities for developers and businesses. With its comprehensive features, including real-time rates, historical data, and conversion capabilities, the Metals-API empowers users to make informed decisions based on accurate metal pricing information. By leveraging these capabilities, developers can create innovative applications that enhance market analysis and trading strategies.

For further exploration of the Metals-API, visit the Metals-API Supported Symbols page to discover the full range of metal symbols available for querying. Embrace the power of real-time metals data and transform your applications today!