Retrieve Monthly Kerala Silver (KERA-XAG) Historical Prices with this API
Retrieve Monthly Kerala Silver (KERA-XAG) Historical Prices with this API
In the ever-evolving world of precious metals, Silver (XAG) holds a significant place due to its diverse industrial applications and investment potential. For developers and businesses looking to access historical prices of Silver, the Metals-API provides a robust solution. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Silver, particularly in the context of Kerala's market.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it is a critical component in various industrial applications, including electronics, solar panels, and medical devices. The demand for Silver is driven by its unique properties, such as high conductivity and reflectivity, making it an essential material in modern technology.
Innovation in manufacturing processes has led to the integration of smart technologies that optimize Silver usage. For instance, advancements in digital market analysis allow manufacturers to track Silver prices in real-time, enabling them to make informed purchasing decisions. Furthermore, supply chain technology has transformed how Silver is sourced and distributed, ensuring that manufacturers can access this vital resource efficiently.
Understanding the Metals-API
The Metals-API is a powerful tool designed for developers looking to integrate real-time and historical metals data into their applications. This API empowers users to build next-generation applications that require accurate and timely information about precious metals, including Silver.
With the Metals-API, developers can access a variety of endpoints that cater to different needs, from retrieving the latest rates to historical data analysis. The API's capabilities are transformative, allowing businesses to leverage real-time data for better decision-making and strategic planning.
Key Features of Metals-API
The Metals-API offers a range of features that enhance its usability and functionality:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for Silver and other metals, updated every 60 minutes or more frequently. This feature is crucial for businesses that need to stay informed about market fluctuations.
- Historical Rates Endpoint: Access historical rates for Silver dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is invaluable for market analysis and trend forecasting.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for Silver, enabling traders to make informed decisions based on current market conditions.
- Convert Endpoint: The API includes a conversion feature that allows users to convert amounts between different metals or to/from USD, facilitating easier financial transactions.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, providing a comprehensive view of Silver price trends over time.
- Fluctuation Endpoint: Track how Silver prices fluctuate on a day-to-day basis, helping you understand market volatility and make better investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve detailed OHLC data for Silver, which is essential for technical analysis and trading strategies.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices of Silver within a specified timeframe, aiding in market analysis.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, which is beneficial for long-term market analysis.
- News Endpoint: Stay updated with the latest news articles related to Silver and other metals, providing context to market movements.
API Endpoint Examples and Responses
To illustrate the functionality of the Metals-API, here are some examples of the API responses you can expect:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1771546906,
"base": "USD",
"date": "2026-02-20",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates the current exchange rates for Silver (XAG) and other metals, providing a snapshot of the market at a specific time.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1771460506,
"base": "USD",
"date": "2026-02-19",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for Silver, allowing developers to analyze price trends over time.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2026-02-13",
"end_date": "2026-02-20",
"base": "USD",
"rates": {
"2026-02-13": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-15": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-20": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series response provides daily rates for Silver over a specified period, enabling detailed analysis of price movements.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771546906,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response demonstrates how to convert an amount from USD to Silver, showcasing the API's versatility in handling different currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-13",
"end_date": "2026-02-20",
"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": 1771546906,
"base": "USD",
"date": "2026-02-20",
"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 crucial for traders who rely on technical analysis, providing them with the necessary data to make informed decisions.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1771546906,
"base": "USD",
"date": "2026-02-20",
"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 response provides current market prices for Silver, essential for traders looking to execute buy or sell orders.
Practical Use Cases and Integration Strategies
Integrating the Metals-API into your applications can unlock numerous possibilities. Here are some practical use cases:
- Investment Platforms: Financial applications can leverage the API to provide users with real-time Silver prices, historical data, and market analysis tools.
- Manufacturing Analytics: Companies in the manufacturing sector can use historical price data to forecast costs and optimize their supply chain strategies.
- Trading Bots: Developers can create automated trading bots that utilize real-time data from the API to execute trades based on predefined strategies.
- Market Research: Analysts can use the API to gather data for reports and presentations, providing insights into market trends and price fluctuations.
Security Considerations
When integrating the Metals-API, it is essential to consider security best practices:
- API Key Management: Ensure that your API key is kept secure and not exposed in client-side code. Use environment variables or secure vaults for storage.
- Rate Limiting: Be aware of the API's rate limits to avoid throttling. Implement caching strategies to minimize unnecessary requests.
- Error Handling: Implement robust error handling to manage API response errors gracefully, ensuring a smooth user experience.
Conclusion
The Metals-API is a powerful resource for developers and businesses looking to access real-time and historical data for Silver (XAG). With its comprehensive set of features, including the ability to retrieve the latest rates, historical prices, and fluctuations, the API empowers users to make informed decisions in the precious metals market.
By integrating the Metals-API into your applications, you can unlock a wealth of data that enhances your investment strategies, manufacturing processes, and market analyses. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
To view the complete list of supported symbols, including Silver, check the Metals-API Supported Symbols page. Embrace the power of real-time metals data and transform your approach to precious metals trading and analysis.