Get Silver (NYM $/ozt) Front Month (SI1) price data for your application using this API

Get Silver (NYM $/ozt) Front Month (SI1) Price Data for Your Application Using This API

In the world of precious metals, silver (symbol: XAG) stands out not only for its intrinsic value but also for its diverse industrial applications. As a developer, accessing real-time data on silver prices is crucial for building applications that cater to traders, investors, and manufacturers. The Metals-API provides a robust solution for obtaining silver price data, enabling developers to integrate this information seamlessly into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on how it can empower you to harness silver price data effectively.

Metals-API Information

About Silver (XAG)

Silver is not just a precious metal; it plays a pivotal role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it an essential component in modern technology. The ongoing innovation in manufacturing processes, particularly in smart manufacturing, has led to an increased demand for silver. As industries evolve, the need for accurate and timely data on silver prices becomes paramount.

Digital market analysis has transformed how businesses approach trading in silver. With the integration of supply chain technology, companies can now track silver prices in real-time, allowing for more informed decision-making. The Metals-API stands at the forefront of this transformation, offering developers the tools needed to access and utilize silver price data effectively.

API Description

The Metals-API is designed to provide developers with real-time and historical data on various metals, including silver. This API is a game-changer for those looking to build applications that require accurate and up-to-date information on metal prices. With its innovative features, the Metals-API enables developers to create next-generation applications that can analyze market trends, forecast prices, and optimize trading strategies.

For detailed information on how to get started, refer to the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API's capabilities, including authentication, endpoint usage, and response handling.

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

The Latest Rates Endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes or even every 10 minutes. This feature is crucial for applications that require the most current pricing information.

{
        "success": true,
        "timestamp": 1751594572,
        "base": "USD",
        "date": "2025-07-04",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is essential for market analysis and trend forecasting. The Historical Rates Endpoint allows you to retrieve data dating back to 2019. By appending a specific date to your query, you can analyze past price movements and make informed decisions based on historical data.

{
        "success": true,
        "timestamp": 1751508172,
        "base": "USD",
        "date": "2025-07-03",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for silver and other metals. This information is vital for traders who need to make quick decisions based on market conditions.

{
        "success": true,
        "timestamp": 1751594572,
        "base": "USD",
        "date": "2025-07-04",
        "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"
    }

Convert Endpoint

The Convert Endpoint allows you to convert amounts between different metals or from/to USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1751594572,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint enables you to query the API for daily historical rates between two specified dates. This functionality is essential for analyzing trends over time and understanding market dynamics.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-06-27",
        "end_date": "2025-07-04",
        "base": "USD",
        "rates": {
            "2025-06-27": {
                "XAU": 0.000485,
                "XAG": 0.03825
            },
            "2025-07-04": {
                "XAU": 0.000482,
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate over a specified period. This feature is beneficial for understanding market volatility and making strategic trading decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-06-27",
        "end_date": "2025-07-04",
        "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

The OHLC Price Endpoint allows you to retrieve the open, high, low, and close prices for silver over a specific time period. This data is crucial for traders who rely on candlestick patterns and other technical analysis tools.

{
        "success": true,
        "timestamp": 1751594572,
        "base": "USD",
        "date": "2025-07-04",
        "rates": {
            "XAG": {
                "open": 0.03825,
                "high": 0.0383,
                "low": 0.0381,
                "close": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for applications focused on industrial metals and their market trends.

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. This resource is invaluable for developers looking to integrate multiple metal price data into their applications.

Conclusion

The Metals-API is a powerful tool for developers seeking to access real-time and historical silver price data. With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Bid and Ask features, developers can build applications that provide valuable insights into the silver market. By leveraging the capabilities of the Metals-API, you can create applications that not only track silver prices but also analyze market trends and optimize trading strategies.

For more information on how to implement these features and access the API, visit the Metals-API Documentation. This resource will guide you through the process of integrating silver price data into your applications, ensuring you have the tools needed to succeed in the dynamic world of precious metals.