Obtain Indore Silver (INDO-XAG) Historical Prices via this API
Obtain Indore Silver (INDO-XAG) Historical Prices via this API
In the ever-evolving landscape of financial markets, the demand for accurate and real-time data is paramount. For those interested in precious metals, particularly Silver (XAG), obtaining historical prices is crucial for analysis, investment decisions, and market forecasting. The Metals-API provides a robust solution for developers looking to integrate real-time and historical data into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on how to access historical prices for Silver, its industrial applications, and the technological advancements that make this possible.
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 devices. As technology continues to advance, the demand for Silver in innovative applications is on the rise. For instance, in the realm of electronics, Silver is used in conductive inks and coatings, enhancing the performance of devices. In solar energy, Silver plays a vital role in photovoltaic cells, making it essential for sustainable energy solutions.
The digital market analysis of Silver highlights its volatility and the factors influencing its price. With the integration of smart manufacturing technologies, companies can optimize their supply chains, ensuring that Silver is sourced and utilized efficiently. The use of supply chain technology enables real-time tracking of Silver from extraction to end-use, providing transparency and reducing costs. As developers, understanding these dynamics can enhance the applications we build, allowing for better forecasting and investment strategies.
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 create next-generation applications that require accurate and timely metals data. By leveraging the Metals-API, developers can build applications that analyze market trends, track price fluctuations, and provide insights into the metals market.
For more information, you can visit the Metals-API Website and 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 data is updated every 60 minutes or more frequently. This feature is essential for applications that require up-to-the-minute pricing.
- Historical Rates Endpoint: Access historical rates for Silver dating back to 2019. By appending a specific date to the API call, developers can retrieve past prices, which is crucial for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for Silver, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for applications that require multi-metal pricing.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two specified dates. This feature is invaluable for analyzing price movements over time.
- Fluctuation Endpoint: This endpoint provides information on how Silver prices fluctuate on a day-to-day basis, allowing developers to track volatility and market trends.
- Carat Endpoint: For applications focused on Gold, this endpoint retrieves information about Gold rates by carat, which can be useful for jewelers and investors.
- Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of Silver over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Developers can access OHLC data for Silver, providing a comprehensive view of price movements within a specific timeframe.
- Historical LME Endpoint: This endpoint provides historical rates for LME symbols, dating back to 2008, which is beneficial for those analyzing long-term trends.
- API Key: Each user is assigned a unique API key, which is required for accessing the API. This ensures secure and authorized access to the data.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API includes 14 different endpoints, each offering unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring developers have access to the latest information.
- News Endpoint: Stay updated with the latest news articles related to various metals, which can provide context for price movements.
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 the structure of API responses is crucial for effective integration. Below are examples of various endpoints and their responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1762750994,
"base": "USD",
"date": "2025-11-10",
"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"
}
This response indicates that the latest rate for Silver (XAG) is 0.03815 per troy ounce, providing a snapshot of the current market conditions.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1762664594,
"base": "USD",
"date": "2025-11-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows the historical rate for Silver on a specific date, which is essential for analyzing past performance and trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-03",
"end_date": "2025-11-10",
"base": "USD",
"rates": {
"2025-11-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-10": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of Silver prices over a specified period, allowing developers to visualize trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1762750994,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to convert a specified amount from one metal to another, which is particularly useful for applications that require multi-metal pricing.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-03",
"end_date": "2025-11-10",
"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"
}
This endpoint tracks the fluctuations in Silver prices over a specified period, providing valuable insights into market volatility.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1762750994,
"base": "USD",
"date": "2025-11-10",
"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"
}
This response provides the open, high, low, and close prices for Silver, which is essential for traders and analysts looking to understand market behavior.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1762750994,
"base": "USD",
"date": "2025-11-10",
"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"
}
This endpoint provides the current bid and ask prices for Silver, which is crucial for understanding market liquidity and making informed trading decisions.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for developers looking to access real-time and historical data for Silver (XAG) and other metals. By leveraging the various endpoints, developers can create powerful applications that analyze market trends, track price fluctuations, and provide valuable insights into the metals market. The integration of technology in the manufacturing and supply chain processes further enhances the value of this data, making it essential for informed decision-making.
For more detailed information on how to implement these features, refer to the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols to understand the full range of available data. The future of metals trading is here, and with the right tools, developers can harness the power of real-time data to drive innovation and success.