Best Chennai Silver (XAG-CHEN) prices API in 2025

Best Chennai Silver (XAG-CHEN) Prices API in 2025

Metals-API provides a comprehensive solution for accessing silver prices, including the Chennai market. In this blog post, we will explore the capabilities of the Metals-API, focusing on its features, endpoints, and how it can empower developers to create innovative applications in 2025.

Metals-API Information

About Silver (XAG)

XAG, is not just a precious metal; it plays a vital role in various industrial applications, including electronics, solar panels, and medical devices. As technology advances, the integration of silver in manufacturing processes has increased, leading to a surge in demand. The digital market analysis of silver prices is essential for businesses to make informed decisions, and the Metals-API provides the necessary tools to achieve this.

API Description

Metals-API is designed to provide developers with real-time access to metals data, including silver prices. This API empowers users to build next-generation applications that can analyze, convert, and track metal prices efficiently. With its innovative capabilities, the Metals-API transforms how businesses interact with metal markets, enabling them to make data-driven decisions.

Metals-API Documentation, which provides comprehensive guidance on how to implement and utilize the API effectively.

Key Features and Endpoints

Latest Rates Endpoint

Latest Rates Endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint updates every 60 minutes or every 10 minutes, ensuring that you have the most current information at your fingertips. This is particularly useful for traders and businesses that need to react quickly to market changes.

{
        "success": true,
        "timestamp": 1742788814,
        "base": "USD",
        "date": "2025-03-24",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Historical Rates Endpoint allows users to access historical exchange rates dating back to 2019. This feature is invaluable for businesses looking to analyze trends over time and make informed decisions based on historical data.

{
        "success": true,
        "timestamp": 1742702414,
        "base": "USD",
        "date": "2025-03-23",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

Bid And Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for silver and other metals. This information is crucial for traders who need to know the current market conditions to make informed buying and selling decisions.

{
        "success": true,
        "timestamp": 1742788814,
        "base": "USD",
        "date": "2025-03-24",
        "rates": {
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to perform conversions regularly.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAG",
            "amount": 1000
        },
        "info": {
            "timestamp": 1742788814,
            "rate": 0.03815
        },
        "result": 38.15,
        "unit": "troy ounces"
    }

Time-Series Endpoint

Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for businesses looking to analyze price trends over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-03-17",
        "end_date": "2025-03-24",
        "base": "USD",
        "rates": {
            "2025-03-17": {
                "XAG": 0.03825
            },
            "2025-03-24": {
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Fluctuation Endpoint provides information about how silver prices fluctuate on a day-to-day basis. This feature is particularly useful for traders who need to understand market volatility.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-03-17",
        "end_date": "2025-03-24",
        "base": "USD",
        "rates": {
            "XAG": {
                "start_rate": 0.03825,
                "end_rate": 0.03815,
                "change": -0.0001,
                "change_pct": -0.26
            }
        },
        "unit": "per troy ounce"
    }

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

OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for silver over a specific time period. This data is crucial for technical analysis and trading strategies.

{
        "success": true,
        "timestamp": 1742788814,
        "base": "USD",
        "date": "2025-03-24",
        "rates": {
            "XAG": {
                "open": 0.03825,
                "high": 0.0383,
                "low": 0.0381,
                "close": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for businesses involved in trading and investment.

API Key and Authentication

API Response

Available Endpoints

Metals-API Supported Symbols page.

Gold Price India Endpoint

News Endpoint

News Endpoint allows users to retrieve the latest news articles related to various metals. Staying informed about market trends and news can significantly impact trading strategies.

Conclusion

Metals-API Website and explore the documentation to unlock the full potential of this transformative API.