Query Kochi Silver (KOCH-XAG) Historical Prices via this API
Query Kochi Silver (KOCH-XAG) Historical Prices via this API
In the world of precious metals, silver holds a unique position due to its diverse applications and intrinsic value. For developers and businesses looking to access historical prices of silver, the Metals-API offers a robust solution. This blog post will delve into the intricacies of querying Kochi Silver (KOCH-XAG) historical prices using the Metals-API, exploring its features, capabilities, and practical applications.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it is a critical component in various industrial applications. Its conductivity makes it invaluable in electronics, while its antibacterial properties are leveraged in medical devices. As technology advances, the demand for silver in innovative applications continues to grow. For instance, the integration of silver in smart manufacturing processes is revolutionizing production lines, enhancing efficiency and product quality.
The digital market analysis of silver prices reveals trends influenced by global economic conditions, supply chain dynamics, and technological advancements. With the rise of smart manufacturing, companies are increasingly relying on real-time data to make informed decisions. This is where the Metals-API comes into play, providing developers with the tools necessary to access and utilize historical price data effectively.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including silver. It empowers developers to build next-generation applications that require accurate and timely metals data. The API's capabilities extend beyond mere price retrieval; it offers a comprehensive suite of features that can transform how businesses interact with metal markets.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.
Key Features and Endpoints
The Metals-API boasts 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, updates can occur every 60 minutes or even every 10 minutes, ensuring you have the most current information at your fingertips.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past prices for silver, allowing for in-depth market analysis and trend identification.
- Bid and Ask Endpoint: This feature enables you to obtain real-time bid and ask prices for silver, which is crucial for traders looking to make informed buying and selling decisions.
- Convert Endpoint: The conversion endpoint allows you to convert amounts between different metals or to/from USD, facilitating seamless transactions and calculations.
- Time-Series Endpoint: Query daily historical rates between two dates of your choice. This is particularly useful for analyzing price movements over specific periods.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve open, high, low, and close prices for silver over a specified time period, essential for technical analysis.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for silver on a specific date, which can help in understanding market extremes.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market research.
- News Endpoint: Stay updated with the latest news articles related to silver and other metals, helping you stay informed about market influences.
For a complete list of supported symbols, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective data retrieval. Below are examples of various endpoints and their expected responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1763092938,
"base": "USD",
"date": "2025-11-14",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates a successful query, providing the latest exchange rates for silver (XAG) and other metals against USD.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1763006538,
"base": "USD",
"date": "2025-11-13",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to retrieve historical rates for a specific date, allowing for analysis of past market conditions.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-07",
"end_date": "2025-11-14",
"base": "USD",
"rates": {
"2025-11-07": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-09": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-14": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint provides a series of rates over a specified period, enabling developers to visualize trends and fluctuations in silver prices.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763092938,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response illustrates how to convert a specified amount from USD to silver (XAU), showcasing the API's versatility in handling different currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-07",
"end_date": "2025-11-14",
"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"
}
The fluctuation endpoint provides insights into how silver prices have changed over a specific period, which is essential for traders and analysts.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1763092938,
"base": "USD",
"date": "2025-11-14",
"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"
}
This endpoint is particularly useful for technical analysis, providing the necessary data to assess market performance over a specific timeframe.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1763092938,
"base": "USD",
"date": "2025-11-14",
"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"
}
The bid/ask endpoint is crucial for traders, providing real-time pricing information that can influence trading strategies.
Conclusion
Accessing historical prices for Kochi Silver (KOCH-XAG) through the Metals-API is a powerful way to leverage real-time and historical data for informed decision-making. With its extensive features, including the latest rates, historical data, conversion capabilities, and fluctuation tracking, the Metals-API stands out as an essential tool for developers and businesses in the metals market.
By utilizing the Metals-API, developers can create applications that not only provide valuable insights into silver prices but also integrate seamlessly with existing systems. The API's comprehensive documentation and support for various endpoints make it an ideal choice for those looking to harness the power of metals data.
For further exploration, check out the Metals-API Documentation and the Metals-API Supported Symbols page to enhance your understanding and implementation of this powerful API.