Access real-time Silver Bid (XAG-BID) - Per Ounce prices using this API

Access Real-Time Silver Bid (XAG-BID) - Per Ounce Prices Using This API

In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access real-time Silver Bid (XAG-BID) prices, along with a wealth of other metal data. This blog post will delve into the intricacies of the Metals-API, focusing on Silver (XAG), its markets, and how this API can empower developers to create innovative applications.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it plays a vital role in various industrial applications. From electronics to solar panels, Silver's conductivity and reflectivity make it indispensable in modern technology. The integration of Silver into smart manufacturing processes has revolutionized production lines, enhancing efficiency and reducing waste.

Moreover, the digital market analysis of Silver has become increasingly sophisticated. With the rise of data analytics and machine learning, businesses can now predict market trends and consumer behavior more accurately. This technological advancement allows for better inventory management and supply chain optimization, ensuring that Silver is available where and when it is needed.

As the demand for Silver continues to grow, understanding its market dynamics becomes essential. The Metals-API offers a comprehensive suite of tools to analyze Silver prices in real-time, enabling developers to create applications that can track fluctuations, historical trends, and even perform currency conversions.

API Description

The Metals-API is a powerful resource for developers looking to integrate real-time metals data into their applications. It provides a variety of endpoints that allow users to access the latest rates, historical data, and even perform conversions between different metals and currencies. This API is designed with innovation in mind, enabling developers to harness the transformative potential of real-time data.

For more detailed information, you can visit the Metals-API Documentation. This resource provides comprehensive guidelines on how to effectively utilize the API's capabilities.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to specific needs. Here are some of the key features:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for Silver and other metals, updated every 60 minutes, 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
• Historical Rates Endpoint: Access historical rates for Silver dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
• Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time Bid and Ask prices for Silver. Understanding the spread between these prices is crucial for traders and investors looking to make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint that enables users to convert any amount from one metal to another or to/from USD. This feature 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 perfect for analyzing trends over specific time frames.
• Fluctuation Endpoint: Retrieve information about how Silver prices fluctuate on a day-to-day basis. This data can help traders identify patterns and make strategic decisions.
• Carat Endpoint: This endpoint provides information about Gold rates by Carat, which can be useful for jewelers and investors in the precious metals market.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for Silver over a specified period. This information is crucial for understanding market volatility.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows you to retrieve the open, high, low, and close prices for Silver, providing a comprehensive view of market performance.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those involved in trading on the London Metal Exchange.
• API Key: Your unique API Key is essential for accessing the API. It must be included in the API base URL's access_key parameter to authenticate your requests.
• API Response: The exchange rates delivered by the Metals-API are by default relative to USD. All data is returned in a structured JSON format, making it easy to integrate into applications.
• Available Endpoints: The Metals-API comes with 14 different endpoints, each providing unique functionalities tailored to meet various needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring that developers have access to the latest symbols and their specifications. For a complete list, refer to the Metals-API Supported Symbols.
• Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for businesses operating in the Indian market.
• News Endpoint: Stay updated with the latest news articles related to various metals, helping you stay informed about market trends and developments.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their expected JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1758362427,
    "base": "USD",
    "date": "2025-09-20",
    "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": 1758276027,
    "base": "USD",
    "date": "2025-09-19",
    "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": "2025-09-13",
    "end_date": "2025-09-20",
    "base": "USD",
    "rates": {
        "2025-09-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-09-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-09-20": {
            "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": 1758362427,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-09-13",
    "end_date": "2025-09-20",
    "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) Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1758362427,
    "base": "USD",
    "date": "2025-09-20",
    "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": 1758362427,
    "base": "USD",
    "date": "2025-09-20",
    "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 tool for developers looking to access real-time Silver Bid (XAG-BID) prices and other metal data. With its comprehensive suite of endpoints, the API empowers users to build innovative applications that can analyze market trends, perform currency conversions, and track historical data. By leveraging the capabilities of the Metals-API, developers can create solutions that enhance decision-making processes in the precious metals market.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidelines. Don't forget to check the Metals-API Supported Symbols page for a complete list of available metals and currencies.