How to Get Chennai Silver (CHEN-XAG) prices using this API

Introduction

In the dynamic world of precious metals trading, accessing accurate and real-time data is crucial for making informed decisions. For those interested in the Chennai Silver (CHEN-XAG) prices, the Metals-API offers a powerful solution. This API provides developers with the tools to retrieve up-to-date silver prices and other metal data, enabling them to build innovative applications that can analyze market trends and fluctuations.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it invaluable in sectors such as electronics, solar energy, and medical devices. The integration of technology in manufacturing processes has led to innovations that enhance the efficiency and quality of silver production. For instance, smart manufacturing techniques leverage real-time data to optimize supply chains, ensuring that silver is sourced and utilized effectively.

Moreover, the digital market analysis of silver prices has transformed how traders and investors approach the metal. With the rise of data analytics and machine learning, stakeholders can now predict price movements with greater accuracy, allowing for more strategic investment decisions. The Metals-API plays a pivotal role in this ecosystem by providing real-time data that can be integrated into various applications, from trading platforms to market analysis tools.

API Description

The Metals-API is designed to empower developers by offering a comprehensive suite of features that facilitate the retrieval of metals data. This API is built on the principles of innovation and technological advancement, providing real-time access to metals prices, including silver, gold, platinum, and palladium. The transformative potential of this API lies in its ability to deliver accurate data that can be utilized in next-generation applications.

With the Metals-API, developers can access a variety of endpoints that cater to different needs. For example, the Latest Rates Endpoint allows users to retrieve real-time exchange rates for silver and other metals, updated frequently based on their subscription plan. This feature is particularly useful for applications that require up-to-the-minute pricing information.

Key Features and Endpoints

The Metals-API offers several key features that enhance its functionality:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes. This ensures that users have access to the most current prices, which is essential for trading and investment decisions.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for analyzing trends over time and making informed predictions about future price movements.
• Bid And Ask Endpoint: This powerful feature enables 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 that allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
• Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for detailed analysis of price movements over specific periods.
• Fluctuation Endpoint: This endpoint provides information about how silver prices fluctuate on a day-to-day basis, helping users understand market volatility.
• Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and gold traders.
• Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for silver, providing a comprehensive view of market performance.
• Historical LME Endpoint: This endpoint grants access to historical rates for LME symbols dating back to 2008, which is crucial for understanding long-term market trends.
• API Key: Each user is provided with a unique API key that must be included in requests to authenticate and authorize access to the API.
• API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
• Available Endpoints: The API features 14 endpoints, each designed to provide specific functionalities, making it a versatile tool for developers.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metal symbols, allowing users to stay informed about the latest offerings.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on 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

Latest Rates Endpoint

The Latest Rates Endpoint allows users to get real-time exchange rates for all available metals. Here’s an example response:

{
"success": true,
"timestamp": 1767658232,
"base": "USD",
"date": "2026-01-06",
"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"
}

In this response, the "rates" object contains the current prices for various metals, including silver (XAG), which is priced at 0.03815 per troy ounce.

Historical Rates Endpoint

Accessing historical exchange rates is straightforward. Here’s an example response:

{
"success": true,
"timestamp": 1767571832,
"base": "USD",
"date": "2026-01-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response shows the historical prices for silver and other metals on a specific date, allowing users to analyze past market behavior.

Time-series Endpoint

The Time-Series Endpoint provides exchange rates for a specific time period. Here’s an example response:

{
"success": true,
"timeseries": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"base": "USD",
"rates": {
"2025-12-30": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response illustrates how silver prices have changed over a specified period, enabling users to identify trends and patterns.

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767658232,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This response shows the conversion of 1000 USD to gold (XAU), providing the user with the equivalent amount in troy ounces.

Fluctuation Endpoint

The Fluctuation Endpoint tracks rate fluctuations between two dates. Here’s an example response:

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"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"
}

This response provides insights into how silver prices have fluctuated over the specified period, helping users understand market volatility.

OHLC (Open/High/Low/Close) Endpoint

The OHLC Endpoint provides open, high, low, and close prices for a specific time period. Here’s an example response:

{
"success": true,
"timestamp": 1767658232,
"base": "USD",
"date": "2026-01-06",
"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"
}

This response allows users to see the price range for silver over a specific period, which is essential for traders looking to make informed decisions.

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:

{
"success": true,
"timestamp": 1767658232,
"base": "USD",
"date": "2026-01-06",
"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"
}

This response provides critical information about the current market conditions for silver, including the bid-ask spread, which is vital for traders.

Conclusion

The Metals-API is an invaluable resource for developers looking to access real-time and historical data on silver and other precious metals. By leveraging the various endpoints available, users can build sophisticated applications that analyze market trends, track fluctuations, and make informed trading decisions. Whether you are interested in the latest rates, historical data, or conversion capabilities, the Metals-API provides the tools necessary to succeed in the competitive world of metals trading.

For more information on how to implement these features, visit the Metals-API Documentation and explore the Metals-API Supported Symbols page to familiarize yourself with the available options. With the right tools and data at your fingertips, you can navigate the complexities of the metals market with confidence.