Get Accurate Indore Silver (INDO-XAG) Historical Prices using this API
Get Accurate Indore Silver (INDO-XAG) Historical Prices using this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for making informed decisions. For those interested in the silver market, particularly the Indore Silver (INDO-XAG), the Metals-API offers a powerful solution to retrieve historical prices and other essential data. This blog post will delve into the intricacies of the Metals-API, focusing on how developers can leverage its capabilities to obtain accurate historical prices for silver and explore various innovative applications.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal but a vital component in various industrial applications. Its unique properties make it indispensable in sectors such as electronics, solar energy, and medical technology. The demand for silver continues to grow, driven by innovations in technology and manufacturing processes. As industries evolve, the integration of smart manufacturing and supply chain technology is becoming increasingly important, allowing for more efficient production and distribution of silver products.
Moreover, the digital market analysis of silver prices is essential for investors and businesses alike. Understanding market trends and fluctuations can provide valuable insights into future price movements, enabling stakeholders to make strategic decisions. The Metals-API plays a crucial role in this context by offering real-time and historical data, empowering developers to create applications that analyze and visualize silver price trends effectively.
API Description
The Metals-API is a robust tool designed for developers looking to access real-time and historical data on various metals, including silver. With its innovative features, the API enables users to build next-generation applications that can track market trends, analyze price fluctuations, and convert between different metal currencies. The transformative potential of real-time metals data cannot be overstated, as it allows businesses to stay ahead of the competition by making 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. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API updates this data every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Users can access historical rates for silver dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for silver. Understanding the bid-ask spread is crucial for traders and investors who want to make informed buying and selling decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies in their transactions.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. It is ideal for analyzing price trends over specific periods, helping investors identify patterns and make predictions.
- Fluctuation Endpoint: Users can track how silver prices fluctuate between two dates. This feature provides insights into market volatility and can help traders make better decisions based on historical price movements.
- Carat Endpoint: For those interested in gold, the carat endpoint allows users to retrieve information about gold rates by carat. This feature is useful for jewelers and investors in the gold market.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest prices for silver over a specified period. This information is crucial for understanding market extremes and making strategic decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for silver, which provides a comprehensive view of price movements over a specific time frame. This data is essential for technical analysis and trading strategies.
- Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing users to analyze long-term trends in the silver market.
- API Key: Each user is assigned a unique API key, which must be included in the API requests to authenticate and authorize access to the data.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency and ease of use for developers.
- Available Endpoints: The API includes 14 different endpoints, each providing unique functionalities to cater to various user needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments and trends.
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.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their expected responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1763600684,
"base": "USD",
"date": "2025-11-20",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1763514284,
"base": "USD",
"date": "2025-11-19",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-13",
"end_date": "2025-11-20",
"base": "USD",
"rates": {
"2025-11-13": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-15": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-20": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763600684,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-13",
"end_date": "2025-11-20",
"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
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1763600684,
"base": "USD",
"date": "2025-11-20",
"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
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1763600684,
"base": "USD",
"date": "2025-11-20",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers seeking to access accurate and real-time data on silver and other metals. With its extensive range of features and endpoints, including the ability to retrieve historical prices, track fluctuations, and convert between different currencies, the API empowers users to build sophisticated applications that can analyze market trends and make informed decisions.
By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance their understanding of the silver market, ultimately leading to better investment strategies and business outcomes. Whether you are a trader, investor, or developer, the Metals-API provides the tools you need to stay ahead in the dynamic world of metals trading.
For further exploration, check out the Metals-API Documentation and the Metals-API Supported Symbols page to discover all the possibilities that await you in the realm of metals data.