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Retrieve historical data for Patna Silver (PATN-XAG) prices using this API

Retrieve historical data for Patna Silver (PATN-XAG) prices using this API

Retrieve historical data for Patna Silver (PATN-XAG) prices using this API

In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. For developers and traders interested in the silver market, particularly the Patna Silver (PATN-XAG) prices, the Metals-API offers a powerful solution. This API provides real-time and historical data, enabling users to retrieve essential information about silver and other metals efficiently.

Understanding 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 advances, the demand for silver in innovative applications continues to grow. For instance, the integration of smart manufacturing technologies has led to increased efficiency in silver production, while digital market analysis tools help traders understand market trends and make data-driven decisions.

Industrial Applications and Innovation

Silver's conductivity and antibacterial properties make it a preferred choice in electronics and healthcare. The rise of electric vehicles and renewable energy technologies has further fueled the demand for silver. As industries evolve, the need for precise data on silver prices becomes paramount, and this is where the Metals-API shines.

Technology in Manufacturing

Modern manufacturing processes leverage advanced technologies such as IoT and AI to optimize production. The Metals-API provides developers with the tools to integrate real-time pricing data into their manufacturing systems, allowing for better inventory management and cost control.

Digital Market Analysis

With the rise of digital trading platforms, having access to historical and real-time data is essential for traders. The Metals-API offers a comprehensive suite of endpoints that allow users to analyze market trends, track price fluctuations, and make informed trading decisions.

Smart Manufacturing Integration

Integrating the Metals-API into smart manufacturing systems can enhance operational efficiency. By accessing real-time silver prices, manufacturers can adjust their production schedules and optimize resource allocation, ultimately leading to cost savings and increased profitability.

Supply Chain Technology

In today's global market, supply chain transparency is vital. The Metals-API enables businesses to track silver prices across different markets, ensuring they can make informed purchasing decisions and maintain competitive pricing.

API Description

The Metals-API is designed to provide developers with comprehensive access to metal prices, including silver. It empowers users to build next-generation applications that require real-time and historical data. With a focus on innovation and technological advancement, the API transforms how businesses interact with metal pricing data.

Key Features of the Metals-API

The Metals-API offers a variety of endpoints, each catering to different needs:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or 10 minutes. This feature is crucial for traders who need the most current pricing information.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This is particularly useful for analyzing past market trends and making predictions.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices, essential for traders looking to execute orders at the best possible rates.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD, facilitating seamless transactions.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, providing a comprehensive view of price movements over time.
  • Fluctuation Endpoint: This endpoint allows users to track how prices fluctuate on a day-to-day basis, offering insights into market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is useful for jewelers and traders dealing with gold.
  • Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can obtain open, high, low, and close prices for a specific date, which is essential for technical analysis.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a long-term perspective on metal prices.
  • API Key: Each user is assigned a unique API key, which is required for accessing the API's features securely.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers 14 endpoints, each providing different functionalities tailored to user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols.
  • News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

To get real-time exchange rates for all available metals, you can use the Latest Rates Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1761703227,
    "base": "USD",
    "date": "2025-10-29",
    "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 provides the latest rates for various metals, including silver (XAG), allowing traders to make quick decisions based on current market conditions.

Historical Rates Endpoint

Accessing historical exchange rates is straightforward with the Historical Rates Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1761616827,
    "base": "USD",
    "date": "2025-10-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint is invaluable for analyzing price trends over time, helping traders understand how silver prices have changed and what factors may have influenced those changes.

Time-Series Endpoint

The Time-Series Endpoint allows users to get exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-22",
    "end_date": "2025-10-29",
    "base": "USD",
    "rates": {
        "2025-10-22": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-24": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-29": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint is particularly useful for traders looking to analyze price movements over a specific period, allowing for more informed trading strategies.

Convert Endpoint

The Convert Endpoint enables users to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761703227,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This feature simplifies transactions for traders who need to convert between different metals or currencies, enhancing the user experience.

Fluctuation Endpoint

The Fluctuation Endpoint allows users to track rate fluctuations between two dates. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-22",
    "end_date": "2025-10-29",
    "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 is essential for traders who want to understand market volatility and make strategic decisions based on price changes.

OHLC (Open/High/Low/Close) Price Endpoint

The OHLC Price Endpoint provides open, high, low, and close prices for a specific date. Here’s an example response:

{
    "success": true,
    "timestamp": 1761703227,
    "base": "USD",
    "date": "2025-10-29",
    "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 data is crucial for traders who rely on technical analysis to make trading decisions, as it provides insights into market trends and price movements.

Bid/Ask Endpoint

The Bid/Ask Endpoint allows users to get current bid and ask prices for metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1761703227,
    "base": "USD",
    "date": "2025-10-29",
    "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 is essential for traders looking to execute orders at the best possible rates, providing them with the necessary information to make informed decisions.

Conclusion

The Metals-API is an invaluable resource for developers and traders interested in the silver market, particularly for retrieving historical data for Patna Silver (PATN-XAG) prices. With its comprehensive suite of endpoints, the API empowers users to access real-time and historical data, enabling them to make informed decisions based on accurate market information.

By integrating the Metals-API into their applications, developers can create innovative solutions that enhance trading strategies, optimize manufacturing processes, and improve supply chain transparency. For more information on how to utilize the API effectively, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metal symbols.

In a rapidly evolving market, having access to reliable data is essential for success. The Metals-API not only provides this data but also offers the tools necessary for developers to build next-generation applications that can transform the way we interact with metal pricing data.

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