Retrieve Ahmedabad Silver (XAG-AHME) Historical Prices with this API

Retrieve Ahmedabad Silver (XAG-AHME) Historical Prices with this API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices for Silver (XAG) is crucial for investors, traders, and developers alike. The Metals-API provides a powerful solution for retrieving real-time and historical data on Silver and other metals, enabling users to make informed decisions based on accurate market information. This blog post will delve into the intricacies of Silver, its industrial applications, and how to effectively utilize the Metals-API to access historical prices.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal used for jewelry and investment; it plays a pivotal role in various industrial applications. Its unique properties, such as high electrical conductivity and reflectivity, make it indispensable in sectors like electronics, solar energy, and medical devices. As technology advances, the demand for Silver continues to grow, particularly in innovative applications like smart manufacturing and supply chain technology.
In the realm of digital market analysis, understanding the historical prices of Silver is essential. By analyzing price trends over time, investors can identify patterns, forecast future movements, and make strategic decisions. The integration of smart manufacturing technologies further enhances the efficiency of Silver production, ensuring that supply chains are optimized and responsive to market demands.
Metals-API Information
The Metals-API is a robust platform that offers developers the tools they need to access real-time and historical data for various metals, including Silver. This API empowers developers to build next-generation applications that leverage real-time metals data, enabling innovative solutions across industries. With its user-friendly interface and comprehensive documentation, the Metals-API simplifies the process of integrating metals data into applications.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints that cater to different data needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for Silver and other metals, updated every 60 minutes or more frequently. This feature is essential for traders who need the most current market information.
- Historical Rates Endpoint: Users can access historical rates for Silver dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for Silver, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals 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 chosen dates, allowing for detailed analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides information on how Silver prices fluctuate on a day-to-day basis, helping users understand market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access detailed OHLC data for Silver, which is critical for technical analysis and trading strategies.
- 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.
- Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, offering a broader perspective on market trends.
- News Endpoint: The Metals-API also includes a news endpoint, allowing users to retrieve the latest articles related to Silver and other metals, keeping them informed about market developments.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1745971498,
"base": "USD",
"date": "2025-04-30",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates that the latest exchange rate for Silver (XAG) is 0.03815 per troy ounce, relative to USD.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1745885098,
"base": "USD",
"date": "2025-04-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows historical rates for Silver on a specific date, allowing users to analyze past market conditions.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-23",
"end_date": "2025-04-30",
"base": "USD",
"rates": {
"2025-04-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-30": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides daily historical rates for Silver over a specified period, enabling users to track price changes.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745971498,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert an amount from USD to Silver (XAU), providing the result in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-23",
"end_date": "2025-04-30",
"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
}
},
"unit": "per troy ounce"
}
This response provides insights into how Silver prices fluctuated over a specific period, including percentage changes.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1745971498,
"base": "USD",
"date": "2025-04-30",
"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
}
},
"unit": "per troy ounce"
}
This endpoint provides the open, high, low, and close prices for Silver, which are essential for traders conducting technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1745971498,
"base": "USD",
"date": "2025-04-30",
"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"
}
This response provides the current bid and ask prices for Silver, which are crucial for understanding market dynamics and liquidity.
Conclusion
Accessing historical prices for Silver (XAG) is essential for anyone involved in the precious metals market. The Metals-API offers a comprehensive suite of features that empower developers to retrieve real-time and historical data efficiently. By leveraging the various endpoints, users can analyze price trends, convert currencies, and track fluctuations, all of which are vital for making informed trading decisions.
As the demand for Silver continues to grow in industrial applications and innovative technologies, having access to accurate and timely data becomes increasingly important. Whether you are a trader, investor, or developer, the Metals-API provides the tools necessary to navigate the complexities of the metals market effectively. For a complete list of supported symbols, visit the Metals-API Supported Symbols page, and explore the full potential of this powerful API.