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Access Silver Ask (XAG-ASK) Historical Prices with this API

Access Silver Ask (XAG-ASK) Historical Prices with this API

Access Silver Ask (XAG-ASK) Historical Prices with this API

Access Silver Ask (XAG-ASK) Historical Prices with this API

In the world of precious metals, Silver (XAG) holds a significant place not only as a valuable asset but also as a critical component in various industrial applications. Understanding the historical prices of Silver is essential for investors, manufacturers, and analysts alike. With the Metals-API, accessing historical prices for Silver has never been easier. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Silver (XAG) and explore the broader implications of Silver in modern technology and manufacturing.

About Silver (XAG)

Silver is not just a precious metal; it is a versatile resource with numerous industrial applications. From electronics to solar panels, Silver plays a crucial role in technological innovation. The demand for Silver is driven by its unique properties, such as high electrical conductivity and reflectivity, making it indispensable in various sectors.

In recent years, the integration of smart manufacturing technologies has transformed how Silver is sourced, processed, and utilized. The digital market analysis of Silver prices allows businesses to make informed decisions, optimizing their supply chains and production processes. The ability to track historical prices through APIs like Metals-API empowers developers and businesses to create applications that can analyze trends, forecast prices, and enhance operational efficiency.

API Description

The Metals-API is a powerful tool that provides real-time and historical data for various metals, including Silver (XAG). This API is designed for developers looking to build next-generation applications that require accurate and timely metals data. The API's capabilities extend beyond simple price retrieval; it offers a suite of features that can transform how businesses interact with metal markets.

With the Metals-API, developers can access:

  • Latest Rates Endpoint: Retrieve real-time exchange rate data for Silver and other metals, updated based on your subscription plan.
  • Historical Rates Endpoint: Access historical rates dating back to 2019, allowing for in-depth analysis of price trends over time.
  • Bid and Ask Endpoint: Get real-time bid and ask prices, crucial for traders and investors looking to make informed decisions.
  • Convert Endpoint: Easily convert amounts between different metals or to/from USD, facilitating seamless transactions.
  • Time-Series Endpoint: Query daily historical rates between two dates, providing a comprehensive view of price movements.
  • Fluctuation Endpoint: Track how prices fluctuate over specific periods, helping to identify trends and market behavior.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access detailed price data for specific time periods, essential for technical analysis.
  • Historical LME Endpoint: Retrieve historical rates for LME symbols, dating back to 2008, for a broader market perspective.
  • API Key: Secure access to the API with a unique key, ensuring data integrity and security.
  • API Response: Understand the structure of the data returned, which is typically relative to USD.
  • Supported Symbols Endpoint: Get a constantly updated list of all available metals and their specifications.
  • News Endpoint: Stay informed with the latest news articles related to various metals, enhancing market awareness.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here’s a closer look at some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals, including Silver (XAG). Depending on your subscription plan, the API updates this data every 60 minutes or every 10 minutes. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.

{
    "success": true,
    "timestamp": 1746662806,
    "base": "USD",
    "date": "2025-05-08",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is vital for understanding market trends. The Historical Rates Endpoint allows users to query historical prices for Silver (XAG) dating back to 2019. By appending a specific date to the API request, developers can retrieve valuable data for analysis.

{
    "success": true,
    "timestamp": 1746576406,
    "base": "USD",
    "date": "2025-05-07",
    "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 who need to understand the market's current buying and selling prices.

{
    "success": true,
    "timestamp": 1746662806,
    "base": "USD",
    "date": "2025-05-08",
    "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 metals and need to perform quick conversions.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746662806,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing price trends over specific periods, enabling businesses to make data-driven decisions.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-01",
    "end_date": "2025-05-08",
    "base": "USD",
    "rates": {
        "2025-05-01": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-05-03": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-05-08": {
            "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 understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-01",
    "end_date": "2025-05-08",
    "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 Price Endpoint provides detailed price data for a specific time period, including the open, high, low, and close prices. This information is crucial for technical analysis and understanding market trends.

{
    "success": true,
    "timestamp": 1746662806,
    "base": "USD",
    "date": "2025-05-08",
    "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 allows users to access historical rates for LME symbols dating back to 2008. This feature is essential for those looking to analyze long-term trends in the metals market.

{
    "success": true,
    "timestamp": 1746576406,
    "base": "USD",
    "date": "2025-05-07",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

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 various metals into their applications.

Conclusion

Accessing historical prices for Silver (XAG) through the Metals-API opens up a world of possibilities for developers and businesses alike. With its robust set of features, including real-time rates, historical data, and conversion capabilities, the Metals-API empowers users to make informed decisions based on accurate and timely data. Whether you are a trader, manufacturer, or analyst, leveraging the capabilities of the Metals-API can enhance your understanding of the Silver market and improve your operational efficiency.

For more information on how to implement these features, visit the Metals-API Documentation. By utilizing the tools provided by the Metals-API, you can stay ahead in the dynamic world of precious metals.

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