Access Kanpur Silver (KANP-XAG) price data using this API
Access Kanpur Silver (KANP-XAG) Price Data Using This API
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. For those interested in precious metals, particularly silver, the Metals-API provides a robust solution for accessing Kanpur Silver (KANP-XAG) price data. This blog post will delve into the intricacies of silver as a commodity, the innovative features of the Metals-API, and how developers can leverage this powerful tool to create next-generation applications.
Metals-API Information
The Metals-API is a comprehensive JSON API that offers real-time and historical data on various metals, including silver, gold, platinum, and palladium. With its user-friendly interface and extensive documentation, developers can easily integrate this API into their applications to access vital market data.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a critical industrial component. Its applications span across various sectors, including electronics, solar energy, and medical devices. The demand for silver is driven by its unique properties, such as high electrical conductivity and reflectivity, making it an essential material in modern technology.
Innovation in manufacturing processes has further enhanced the role of silver in the digital economy. Smart manufacturing techniques, which integrate advanced technologies like IoT and AI, are optimizing silver production and supply chain management. This transformation is crucial for meeting the growing demand while ensuring sustainability and efficiency.
Moreover, digital market analysis tools are becoming increasingly important for investors and manufacturers alike. By utilizing real-time data, stakeholders can make informed decisions regarding silver investments, production strategies, and market positioning. The integration of supply chain technology ensures that silver is sourced and distributed efficiently, minimizing waste and maximizing profitability.
API Description
The Metals-API is designed to empower developers by providing access to real-time metals data. This API enables the creation of applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its transformative potential, the Metals-API is a game-changer for anyone involved in the metals market.
For more information, you can visit the Metals-API Website or 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, updated every 60 minutes or more frequently depending on your subscription plan. Developers can easily access the latest silver prices and other metals, ensuring they have the most current information at their fingertips.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices for analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for silver and other metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders and investors who operate in multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two selected dates, facilitating in-depth market analysis over specific periods.
- Fluctuation Endpoint: Users can track how silver prices fluctuate over time, providing insights into market volatility and trends.
- Carat Endpoint: This feature allows users to retrieve gold rates by carat, which is essential for jewelers and gold traders.
- Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for silver over a specified period, aiding in investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed price data, including open, high, low, and close prices for silver, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user is assigned a unique API key, which must be included in requests to authenticate and authorize access to the API.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data representation.
- Available Endpoints: The Metals-API features 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
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 API's response structure is crucial for effective integration. Here are some examples of the API responses for various endpoints:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1766196085,
"base": "USD",
"date": "2025-12-20",
"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": 1766109685,
"base": "USD",
"date": "2025-12-19",
"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": "2025-12-13",
"end_date": "2025-12-20",
"base": "USD",
"rates": {
"2025-12-13": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-15": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-20": {
"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": 1766196085,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-13",
"end_date": "2025-12-20",
"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
},
"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) Price Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1766196085,
"base": "USD",
"date": "2025-12-20",
"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
},
"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": 1766196085,
"base": "USD",
"date": "2025-12-20",
"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 and businesses looking to access real-time and historical data on precious metals like silver. By leveraging the various endpoints, users can gain insights into market trends, track price fluctuations, and make informed decisions based on accurate data. Whether you are a trader, manufacturer, or investor, the Metals-API provides the tools necessary to navigate the complex world of precious metals.
For further exploration, consider visiting the Metals-API Documentation to understand the full capabilities of this API. Additionally, the Metals-API Supported Symbols page offers a comprehensive list of available metal symbols, ensuring you have the information you need at your fingertips.
In conclusion, the integration of the Metals-API into your applications can significantly enhance your ability to analyze and respond to market dynamics, ultimately leading to better decision-making and improved outcomes in the precious metals market.