How to retrieve Faridabad Silver (FARI-XAG) prices using this API

Introduction

In the ever-evolving landscape of precious metals trading, having access to real-time data is crucial for making informed decisions. This is particularly true for Faridabad Silver (FARI-XAG), a symbol representing silver in the global market. By utilizing the Metals-API, developers can seamlessly retrieve current and historical prices of silver, enabling innovative applications in finance, trading, and market analysis. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, key features, and how it can empower developers to create next-generation applications.

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 an essential material in electronics, solar panels, and medical devices. As technology advances, the demand for silver continues to grow, leading to innovative manufacturing processes and smart manufacturing integration. The digital market analysis of silver prices allows businesses to adapt quickly to market fluctuations, ensuring they remain competitive.

Moreover, the integration of supply chain technology has transformed how silver is sourced and distributed. Real-time data on silver prices can significantly enhance decision-making processes, allowing companies to optimize their supply chains and reduce costs. By leveraging the Metals-API, developers can access comprehensive data that supports these advancements, enabling them to build applications that provide valuable insights into the silver market.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including silver. This API is built with innovation and technological advancement in mind, offering developers the ability to access transformative data that can enhance their applications. With the Metals-API, developers can create applications that analyze market trends, track price fluctuations, and convert currencies with ease.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on the subscription plan, users can receive updates every 60 minutes, every 10 minutes, or even more frequently. This level of detail is invaluable for traders and businesses that rely on accurate pricing information to make timely decisions.

For comprehensive documentation on how to utilize the API effectively, developers can refer to the Metals-API Documentation, which provides detailed insights into the various endpoints and their functionalities.

Key Features and Endpoints

The Metals-API offers a wide range of endpoints, each designed to cater to specific needs within the metals market. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for all available metals. This endpoint is essential for developers looking to integrate live pricing into their applications. The response includes the current rates for silver (XAG) and other metals, allowing users to stay updated on market conditions.

{
    "success": true,
    "timestamp": 1761879730,
    "base": "USD",
    "date": "2025-10-31",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Accessing historical rates is crucial for market analysis and trend forecasting. The Historical Rates endpoint allows users to retrieve exchange rates for any date since 1999. This feature is particularly useful for developers building applications that require historical data for analysis or reporting.

{
    "success": true,
    "timestamp": 1761793330,
    "base": "USD",
    "date": "2025-10-30",
    "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 enables developers to retrieve real-time bid and ask prices for metals. This information is vital for traders who need to understand the market's current buying and selling prices.

{
    "success": true,
    "timestamp": 1761879730,
    "base": "USD",
    "date": "2025-10-31",
    "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 users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or reporting purposes.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1761879730,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for developers looking to analyze trends over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-24",
    "end_date": "2025-10-31",
    "base": "USD",
    "rates": {
        "2025-10-24": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-10-31": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for developers looking to track volatility in the silver market.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-24",
    "end_date": "2025-10-31",
    "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 users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who analyze price movements and trends.

{
    "success": true,
    "timestamp": 1761879730,
    "base": "USD",
    "date": "2025-10-31",
    "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 developers needing comprehensive historical data for analysis.

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.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers looking to retrieve Faridabad Silver (FARI-XAG) prices and other metal data. With its extensive range of endpoints, real-time data capabilities, and comprehensive documentation, the API empowers developers to create innovative applications that can analyze market trends, track price fluctuations, and optimize trading strategies. By leveraging the power of the Metals-API, businesses can stay ahead in the competitive metals market, ensuring they make informed decisions based on accurate and timely data.

For more information on how to utilize the Metals-API effectively, visit the Metals-API Documentation and explore the various features that can enhance your applications.