Discover how to Get Coimbatore Silver (COIM-XAG) Historical Prices via API
In the world of precious metals, Silver (XAG) holds a significant place due to its diverse industrial applications and investment potential. For developers and businesses looking to access historical prices of Coimbatore Silver (COIM-XAG), the Metals-API provides a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices and other valuable data regarding Silver.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a popular investment choice but also a critical component in various industrial applications. Its properties make it ideal for use in electronics, solar panels, and medical devices. The demand for Silver has surged with the rise of technology and innovation in manufacturing processes. As industries evolve, the integration of smart manufacturing and supply chain technology has transformed how Silver is sourced, processed, and utilized.
The digital market analysis of Silver indicates a growing trend towards real-time data access and analytics. This shift is driven by the need for businesses to make informed decisions based on current market conditions. The Metals-API plays a pivotal role in this landscape, offering developers the tools necessary to build applications that can leverage real-time and historical data for Silver and other metals.
Metals-API Overview
The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including Silver. It empowers developers to create applications that can access up-to-date pricing information, historical trends, and market fluctuations. The API is built with innovation in mind, allowing for seamless integration into existing systems and applications.
One of the standout features of the Metals-API is its ability to deliver data in a structured JSON format, making it easy for developers to parse and utilize the information. The API supports a wide range of endpoints, each designed to cater to specific data needs, from retrieving the latest rates to accessing historical price data.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different data retrieval needs. 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 data updated every 60 minutes or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1770769068,
"base": "USD",
"date": "2026-02-11",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
For those interested in analyzing trends over time, the Historical Rates endpoint is invaluable. It allows users to access historical exchange rates for Silver dating back to 2019. By appending a specific date to the API request, developers can retrieve data for any given day, enabling comprehensive market analysis.
{
"success": true,
"timestamp": 1770682668,
"base": "USD",
"date": "2026-02-10",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
The Time-Series endpoint allows users to query the API for daily historical rates between two specified dates. This feature is particularly useful for developers looking to visualize trends over a specific period, providing insights into price movements and market behavior.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-04",
"end_date": "2026-02-11",
"base": "USD",
"rates": {
"2026-02-04": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-02-06": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-02-11": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert endpoint is a versatile feature that allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770769068,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how the prices of Silver and other metals fluctuate over a specified period. By tracking rate changes between two dates, developers can analyze market volatility and make informed decisions based on historical performance.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-04",
"end_date": "2026-02-11",
"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 detailed pricing information, including the open, high, low, and close prices for a specific time period. This data is crucial for traders and analysts who rely on historical price movements to make predictions about future trends.
{
"success": true,
"timestamp": 1770769068,
"base": "USD",
"date": "2026-02-11",
"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"
}
Bid/Ask Endpoint
The Bid/Ask endpoint provides current bid and ask prices for Silver and other metals. This information is essential for traders looking to execute buy or sell orders at the best possible prices.
{
"success": true,
"timestamp": 1770769068,
"base": "USD",
"date": "2026-02-11",
"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"
}
API Key and Authentication
To access the Metals-API, users must obtain an API key. This unique key is passed into the API base URL's access_key parameter, ensuring secure access to the data. Proper authentication is crucial for maintaining the integrity of the API and protecting user data.
Performance and Optimization
When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce API calls, especially for frequently accessed data. Additionally, understanding rate limits and quota management is essential to avoid service interruptions.
Security Considerations
Security is paramount when dealing with financial data. Developers should follow best practices for API security, including using HTTPS for all requests, validating input data, and implementing error handling strategies to manage potential issues gracefully.
Conclusion
Accessing historical prices for Coimbatore Silver (COIM-XAG) via the Metals-API opens up a world of possibilities for developers and businesses alike. With its comprehensive suite of endpoints, the API provides the tools necessary to analyze market trends, make informed decisions, and integrate real-time data into applications. By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance their understanding of the precious metals market.
For more detailed information about the API and its features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Embrace the power of real-time data and transform your applications with the Metals-API.