Get Chennai Silver (XAG-CHEN) price data for integration using this API

Get Chennai Silver (XAG-CHEN) Price Data for Integration Using This API

In today's fast-paced digital economy, having access to real-time data is crucial for making informed decisions, especially in the metals market. The Chennai Silver (XAG-CHEN) price data can be seamlessly integrated into your applications using the Metals-API. This API provides developers with the tools necessary to access comprehensive silver price data, enabling innovative applications in various sectors, including finance, manufacturing, and e-commerce.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it invaluable in sectors such as electronics, solar energy, and medical technologies. The demand for silver is driven by its industrial applications, which have seen significant innovation over the years. For instance, advancements in technology have led to the development of smart manufacturing processes that integrate silver into high-tech products.

Furthermore, the digital market analysis of silver prices is essential for investors and businesses alike. By leveraging real-time data, companies can make strategic decisions that enhance their supply chain efficiency and optimize their manufacturing processes. The integration of supply chain technology with real-time metals data can lead to smarter inventory management and reduced operational costs.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including silver. This API is designed to empower developers to build next-generation applications that require accurate and timely metals data. With its innovative capabilities, the Metals-API transforms how businesses interact with metal prices, enabling them to stay ahead in a competitive market.

For detailed information on how to utilize this API, you can refer to the Metals-API Documentation. This resource provides comprehensive guidelines on how to implement the API effectively, including authentication, endpoint usage, and response handling.

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

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

{
        "success": true,
        "timestamp": 1748768413,
        "base": "USD",
        "date": "2025-06-01",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is crucial for trend analysis and forecasting. The Historical Rates Endpoint allows you to retrieve data dating back to 2019. By appending a specific date to your query, you can analyze past performance and make informed predictions.

{
        "success": true,
        "timestamp": 1748682013,
        "base": "USD",
        "date": "2025-05-31",
        "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 vital for traders and investors who need to make quick decisions based on market fluctuations.

{
        "success": true,
        "timestamp": 1748768413,
        "base": "USD",
        "date": "2025-06-01",
        "rates": {
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows you 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 calculate prices accurately.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAG",
            "amount": 1000
        },
        "info": {
            "timestamp": 1748768413,
            "rate": 0.03815
        },
        "result": 38.15,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint enables you to query the API for daily historical rates between two dates of your choice. This feature is essential for analyzing trends over specific periods and making data-driven decisions.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-05-25",
        "end_date": "2025-06-01",
        "base": "USD",
        "rates": {
            "2025-05-25": {
                "XAG": 0.03825
            },
            "2025-06-01": {
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Using the Fluctuation Endpoint, you can retrieve information about how silver prices fluctuate on a day-to-day basis. This data is invaluable for traders looking to capitalize on market movements.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-05-25",
        "end_date": "2025-06-01",
        "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 detailed price information, including the open, high, low, and close prices for a specific time period. This data is crucial for technical analysis and investment strategies.

{
        "success": true,
        "timestamp": 1748768413,
        "base": "USD",
        "date": "2025-06-01",
        "rates": {
            "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 endpoint is particularly useful for businesses involved in trading metals on the London Metal Exchange.

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 essential for developers looking to integrate specific metal data into their applications.

Conclusion

In conclusion, the Metals-API offers a robust solution for accessing real-time and historical silver price data, enabling developers to create innovative applications that leverage this information. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API provides the necessary resources for effective market analysis and decision-making. By integrating the Metals-API into your applications, you can enhance your business operations and stay competitive in the ever-evolving metals market.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive documentation available to guide you through the integration process.