Access Kolhapur Silver (KOLH-XAG) prices using this API
Access Kolhapur Silver (KOLH-XAG) Prices Using This API
In the ever-evolving landscape of precious metals trading, having real-time access to accurate pricing data is paramount for developers and businesses alike. The Metals-API provides a robust solution for accessing the latest prices of silver, specifically the Kolhapur Silver (KOLH-XAG). This blog post delves into the intricacies of the Metals-API, its capabilities, and how it can empower developers to create innovative applications that leverage real-time metals data.
About Silver (XAG)
Silver, denoted by the symbol XAG, is not just a precious metal; it plays a crucial role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it an essential component in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, making real-time data access vital for market participants.
As industries evolve, the need for digital market analysis becomes increasingly important. The Metals-API allows developers to tap into this data, providing insights into market trends and price fluctuations. By utilizing advanced technology in manufacturing, businesses can optimize their operations and make informed decisions based on the latest market data.
API Description
The Metals-API is designed to provide developers with comprehensive access to real-time and historical data for various metals, including silver. This API stands out due to its innovative approach to data delivery, enabling users to build next-generation applications that require accurate and timely information.
With the Metals-API, developers can access a wide range of functionalities, including real-time pricing, historical data analysis, and conversion capabilities. This empowers businesses to create applications that can respond to market changes dynamically, ensuring they remain competitive in the fast-paced metals market.
For more detailed information, you can visit the Metals-API Documentation, which provides extensive guidance on how to implement and utilize the API effectively.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the metals trading ecosystem. Here 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 crucial for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1762304601,
"base": "USD",
"date": "2025-11-05",
"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 market analysis and trend forecasting. The Historical Rates endpoint allows users to retrieve data dating back to 2019. By appending a specific date to the API call, developers can analyze past performance and make informed predictions about future movements.
{
"success": true,
"timestamp": 1762218201,
"base": "USD",
"date": "2025-11-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that provides real-time bid and ask prices for silver and other metals. This information is crucial for traders looking to execute orders at the best possible prices.
{
"success": true,
"timestamp": 1762304601,
"base": "USD",
"date": "2025-11-05",
"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"
}
Convert Endpoint
The Convert endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to streamline their financial operations.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1762304601,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series endpoint allows developers to query the API for daily historical rates between two specified dates. This is particularly beneficial for analyzing trends over time and understanding how market conditions have changed.
{
"success": true,
"timeseries": true,
"start_date": "2025-10-29",
"end_date": "2025-11-05",
"base": "USD",
"rates": {
"2025-10-29": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-11-05": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how prices fluctuate on a day-to-day basis. This information is vital for traders looking to understand market volatility and make informed decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-29",
"end_date": "2025-11-05",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC endpoint provides crucial data for traders by showing the open, high, low, and close prices for a specific time period. This information is essential for technical analysis and understanding market trends.
{
"success": true,
"timestamp": 1762304601,
"base": "USD",
"date": "2025-11-05",
"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"
}
Historical LME Endpoint
The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for businesses that require long-term data for analysis and reporting.
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.
Conclusion
In conclusion, the Metals-API is an invaluable tool for developers and businesses involved in the precious metals market. With its extensive range of features, including real-time pricing, historical data access, and conversion capabilities, it empowers users to make informed decisions based on accurate and timely information. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance trading strategies and optimize operations.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the documentation to unlock the full potential of this powerful API.