Retrieve Coimbatore Silver (XAG-COIM) prices effortlessly using this API

In the ever-evolving landscape of precious metals trading, staying updated with real-time prices is crucial for investors, traders, and manufacturers alike. The Metals-API provides a seamless solution for retrieving the latest prices of silver, specifically the Coimbatore Silver (XAG-COIM), along with a host of other functionalities that cater to the needs of developers and businesses. This blog post delves into the intricacies of silver, its markets, and how the Metals-API can empower you to access and utilize real-time metals data effectively.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it plays a pivotal role in various industrial applications. From electronics to solar panels, silver's conductivity and reflective properties make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, leading to innovative applications that extend beyond traditional jewelry and investment.

In recent years, the digital market analysis of silver has gained traction, with investors leveraging data analytics to make informed decisions. The rise of e-commerce and online trading platforms has transformed how silver is bought and sold, making it essential for developers to have access to real-time data to build applications that cater to this dynamic market.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including silver. This API is built on the principles of innovation and technological advancement, enabling businesses to harness the transformative potential of real-time metals data. By integrating the Metals-API into your applications, you can create next-generation solutions that enhance user experience and operational efficiency.

For detailed information on how to implement the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints, their functionalities, and how to effectively utilize them in your projects.

Key Features and Endpoints

The Metals-API offers a plethora 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, you can receive updates every 60 minutes or even every 10 minutes. This feature is essential for traders who need to make quick decisions based on the latest market conditions.
Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to your query, you can retrieve past prices, allowing for in-depth market analysis and trend forecasting.
Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for silver. Understanding these prices is crucial for traders looking to optimize their buying and selling strategies.
Convert Endpoint: The Metals-API includes a currency conversion feature, allowing you to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price movements over time and making informed investment decisions.
Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders manage their risk effectively.
Carat Endpoint: Retrieve information about gold rates by carat. While primarily focused on silver, this feature is beneficial for those dealing with multiple precious metals.
Lowest/Highest Price Endpoint: This endpoint allows you to query the API to get the lowest and highest price of silver over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for silver prices, which is essential for technical analysis and trading strategies.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
API Key: Your unique API key is required to access the Metals-API. This key is passed into the API base URL's access_key parameter, ensuring secure 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 comes with numerous endpoints, each providing different functionalities tailored to meet diverse user needs.
Supported Symbols Endpoint: This endpoint returns all available currencies and symbols, ensuring you have access to the latest information on precious metals.
Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for regional traders.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

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 API responses is crucial for effective implementation. Below are examples of various API endpoints and their responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1747638013,
    "base": "USD",
    "date": "2025-05-19",
    "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": 1747551613,
    "base": "USD",
    "date": "2025-05-18",
    "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": "2025-05-12",
    "end_date": "2025-05-19",
    "base": "USD",
    "rates": {
        "2025-05-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-19": {
            "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": 1747638013,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-12",
    "end_date": "2025-05-19",
    "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": 1747638013,
    "base": "USD",
    "date": "2025-05-19",
    "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": 1747638013,
    "base": "USD",
    "date": "2025-05-19",
    "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

The Metals-API is an invaluable resource for developers looking to integrate real-time silver prices and other metals data into their applications. With its extensive range of endpoints, including the latest rates, historical data, and fluctuation tracking, the API empowers users to make informed decisions based on accurate and timely information. By leveraging the capabilities of the Metals-API, businesses can enhance their operational efficiency, optimize trading strategies, and stay ahead in the competitive metals market.

For more information, visit the Metals-API Website and explore the comprehensive Metals-API Documentation to get started with integrating this powerful tool into your projects. Don't forget to check the Metals-API Supported Symbols page for a complete list of available metals and their specifications.

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Retrieve Coimbatore Silver (XAG-COIM) prices effortlessly using this API