How to Get Indore Silver (INDO-XAG) Historical Prices with the API
How to Get Indore Silver (INDO-XAG) Historical Prices with the API
In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount, especially when it comes to precious metals like silver. For developers and analysts looking to access historical prices of Indore Silver (INDO-XAG), the Metals-API offers a robust solution. This blog post will delve into the intricacies of obtaining historical prices using the Metals-API, while also exploring the broader context of silver's industrial applications, technological advancements, and the transformative potential of real-time metals data.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it is a critical component in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it indispensable. The integration of smart manufacturing technologies has further enhanced silver's role in modern industries. As industries innovate, the demand for silver continues to rise, necessitating accurate market data for informed decision-making.
The digital market analysis of silver reveals trends that can significantly impact its price. With the advent of supply chain technology, tracking silver's journey from mines to markets has become more efficient. This transparency allows stakeholders to make better investment decisions, and the Metals-API plays a crucial role in providing the necessary data.
Metals-API Overview
The Metals-API is a powerful tool designed for developers seeking to integrate real-time and historical metals data into their applications. With capabilities that span across various endpoints, the API empowers users to access a wealth of information about precious metals, including silver. The API's innovative design allows for seamless integration, enabling developers to build next-generation applications that can analyze and visualize metals data effectively.
For more information, visit the Metals-API Website or check out 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 data needs. Hereβs a breakdown of some of the most significant features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API can return updates every 60 minutes or even every 10 minutes, ensuring you have the most current information at your fingertips.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to your query, you can retrieve the historical price of silver, which is crucial for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature, enabling you to convert amounts between different metals or to/from USD, which is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: This endpoint allows you to query daily historical rates between two dates of your choice, making it easier to analyze price movements over specific periods.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides valuable insights into market volatility, which can inform trading strategies.
- Carat Endpoint: For those interested in gold, this endpoint allows you to retrieve information about gold rates by carat, which can be useful for jewelers and investors alike.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for silver over a specified period, aiding in market analysis and investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for silver, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, which is particularly useful for those tracking industrial metals.
- API Key: Your unique API key is essential for accessing the API. It must be included in the base URL's access_key parameter to authenticate your requests.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format, making it easy to integrate into applications.
- 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 currencies and metals, ensuring you have access to the latest symbols.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market trends and developments.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1762095638,
"base": "USD",
"date": "2025-11-02",
"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": 1762009238,
"base": "USD",
"date": "2025-11-01",
"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": "2025-10-26",
"end_date": "2025-11-02",
"base": "USD",
"rates": {
"2025-10-26": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-28": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-02": {
"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": 1762095638,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-26",
"end_date": "2025-11-02",
"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": 1762095638,
"base": "USD",
"date": "2025-11-02",
"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": 1762095638,
"base": "USD",
"date": "2025-11-02",
"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
Accessing historical prices for Indore Silver (INDO-XAG) has never been easier, thanks to the comprehensive features offered by the Metals-API. By leveraging endpoints such as the Historical Rates Endpoint, Time-Series Endpoint, and others, developers can create powerful applications that provide valuable insights into silver's market dynamics.
As industries continue to innovate and the demand for silver grows, having access to accurate and real-time data will be crucial for making informed decisions. The Metals-API not only simplifies the process of obtaining this data but also empowers developers to build applications that can analyze and visualize trends effectively.
For further exploration of the API's capabilities, be sure to check the Metals-API Documentation and the Metals-API Supported Symbols page for a complete list of available symbols. With the right tools and data at your disposal, you can stay ahead in the competitive world of precious metals trading.