Noida Silver (NOID-XAG) Historical Prices: Accessing Data via API
Noida Silver (NOID-XAG) Historical Prices: Accessing Data via API
In the ever-evolving landscape of precious metals, Silver (XAG) stands out not only for its intrinsic value but also for its diverse industrial applications. As a developer or a data analyst, accessing historical prices of Silver through APIs can provide invaluable insights into market trends and fluctuations. In this blog post, we will explore how to effectively utilize the Metals-API to retrieve historical prices for Silver, alongside a comprehensive overview of its features and capabilities.
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 reflective properties make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for Silver, making it essential for innovation in multiple sectors.
The digital market analysis of Silver reveals its volatility and the factors influencing its price. Economic indicators, geopolitical events, and advancements in manufacturing technology all play a role in shaping the Silver market. By leveraging real-time data and historical trends, developers can create applications that provide insights into market behavior, enabling businesses to make informed decisions.
Metals-API: A Gateway to Real-Time Metals Data
The Metals-API is a robust platform that offers real-time and historical data for various metals, including Silver. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its innovative features, Metals-API transforms how businesses interact with metals data.
One of the standout capabilities of Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even more frequently. This feature is crucial for applications that require up-to-the-minute data for trading or investment purposes.
Key Features of Metals-API
Metals-API boasts a variety of endpoints that cater to different data needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Silver and other metals. It is essential for applications that require current pricing information.
- Historical Rates Endpoint: Users can access historical rates for Silver dating back to 2019. This feature is invaluable for analyzing past market trends and making predictions.
- Bid and Ask Endpoint: This endpoint allows users to retrieve real-time bid and ask prices, which are crucial for trading applications.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD.
- Time-Series Endpoint: This feature allows users to query daily historical rates between two specified dates, providing a comprehensive view of price movements over time.
- Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, which is essential for understanding market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed pricing information, including the opening, highest, lowest, and closing prices for a specific date.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for Silver over a specified period.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008, allowing for extensive market analysis.
- API Key: Each user is assigned a unique API key, which is essential for authentication and access to the API's features.
- API Response: The API delivers exchange rates relative to USD, ensuring consistency across data retrieval.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring users have access to the latest data.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
Understanding API Responses
When working with the Metals-API, understanding the structure of API responses is crucial for effective data handling. Here are examples of responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767745295,
"base": "USD",
"date": "2026-01-07",
"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"
}
This response provides the latest exchange rates for Silver (XAG) and other metals, along with the base currency (USD) and the date of the data.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767658895,
"base": "USD",
"date": "2026-01-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows historical rates for Silver, allowing users to analyze price trends over time.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-31",
"end_date": "2026-01-07",
"base": "USD",
"rates": {
"2025-12-31": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-02": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-07": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of exchange rates for Silver, allowing for detailed analysis of price movements over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767745295,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows the result of converting an amount from USD to Silver (XAU), providing the conversion rate and the equivalent amount in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-31",
"end_date": "2026-01-07",
"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 detailed information about how Silver prices fluctuated over a specified period, including percentage changes and absolute values.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1767745295,
"base": "USD",
"date": "2026-01-07",
"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 provides the OHLC data for Silver, which is essential for traders looking to analyze market trends and make informed decisions.
Common Use Cases and Implementation Strategies
Developers can leverage the Metals-API in various ways to enhance their applications:
- Trading Platforms: By integrating real-time and historical data, developers can create trading platforms that allow users to buy and sell Silver based on accurate market information.
- Market Analysis Tools: Applications can utilize the historical rates endpoint to analyze trends and generate reports, helping investors make informed decisions.
- Financial Dashboards: Developers can build dashboards that visualize Silver price movements, providing users with insights into market behavior.
- Currency Conversion Applications: The convert endpoint can be used in applications that require currency conversion for transactions involving Silver.
Performance Optimization and Security Considerations
When integrating the Metals-API, developers should consider performance optimization strategies such as caching frequently accessed data to reduce API calls. Additionally, implementing robust error handling and recovery strategies will ensure that applications remain functional even during API downtime.
Security is paramount when dealing with APIs. Developers should ensure that API keys are stored securely and not exposed in client-side code. Rate limiting should also be monitored to avoid exceeding usage quotas.
Conclusion
Accessing historical prices for Silver (XAG) through the Metals-API opens up a world of possibilities for developers and analysts alike. With its comprehensive features, including real-time data, historical rates, and various endpoints, Metals-API empowers users to build innovative applications that can analyze market trends and provide actionable insights.
By understanding the capabilities of the Metals-API and effectively utilizing its endpoints, developers can create powerful tools that enhance decision-making in the precious metals market. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.
To stay updated on the latest developments in the metals market, don't forget to check the Metals-API Supported Symbols page for a comprehensive list of available metals.