Retrieve Ahmedabad Silver (XAG-AHME) price data through this API
Retrieve Ahmedabad Silver (XAG-AHME) Price Data Through This API
In today's fast-paced financial landscape, the ability to access real-time data is crucial for developers and businesses alike. The Metals-API offers a powerful solution for retrieving the price data of various metals, including Silver (XAG). This blog post will delve into the intricacies of the Metals-API, its capabilities, and how it can be leveraged to enhance applications focused on the silver market.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it plays a vital role in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it an essential component in modern technology. As industries continue to innovate, the demand for silver is expected to rise, making it a critical asset for investors and developers alike.
Moreover, the integration of technology in manufacturing processes has led to the emergence of smart manufacturing. This approach utilizes data analytics and real-time monitoring to optimize production efficiency, thereby increasing the demand for silver in high-tech applications. The digital market analysis of silver prices can provide insights into market trends, helping businesses make informed decisions.
Supply chain technology also plays a significant role in the silver market. By utilizing advanced tracking systems and data analytics, companies can enhance their operational efficiency, ensuring that silver is sourced and delivered in a timely manner. This technological integration not only streamlines processes but also provides transparency in the supply chain, which is crucial for maintaining trust with stakeholders.
API Description
The Metals-API is designed to provide developers with real-time and historical data on various metals, including silver. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API transforms how businesses interact with metal markets, enabling them to make data-driven decisions.
For more information, you can visit the Metals-API Website or explore 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 needs. Hereβs a comprehensive overview of its key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the data can be updated every 60 minutes or even more frequently. This feature is particularly useful for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Access to historical rates dating back to 2019 allows developers to analyze trends over time. By appending a specific date to the API request, users can retrieve past prices, which is essential for market analysis and forecasting.
- Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for silver. Understanding the bid-ask spread is crucial for traders looking to make informed decisions based on market conditions.
- Convert Endpoint: The conversion feature allows users to convert amounts between different metals or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two chosen dates. This endpoint is invaluable for analyzing price movements and understanding market volatility.
- Fluctuation Endpoint: This endpoint provides insights into how silver prices fluctuate over a specified period. By tracking these fluctuations, businesses can better understand market dynamics and adjust their strategies accordingly.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is beneficial for jewelers and manufacturers dealing with precious metals.
- 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 OHLC data for silver, which is essential for technical analysis and trading strategies.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008, which is crucial for comprehensive market analysis.
- API Key: Each user is assigned a unique API key, which is required for authentication when making requests to the API.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data representation.
- Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available 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 trends and 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
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various endpoints and their expected responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1761530437,
"base": "USD",
"date": "2025-10-27",
"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"
}
The response indicates a successful request, providing the latest exchange rates for various metals, including silver (XAG).
Historical Rates Endpoint
{
"success": true,
"timestamp": 1761444037,
"base": "USD",
"date": "2025-10-26",
"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 developers to analyze past market conditions.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-20",
"end_date": "2025-10-27",
"base": "USD",
"rates": {
"2025-10-20": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-22": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-27": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This endpoint provides a time-series analysis of silver prices, which is essential for understanding trends over time.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761530437,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The conversion endpoint allows users to convert amounts between different metals, providing flexibility in financial applications.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-20",
"end_date": "2025-10-27",
"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 endpoint tracks fluctuations in silver prices, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1761530437,
"base": "USD",
"date": "2025-10-27",
"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 endpoint provides critical data for traders, allowing them to analyze price movements throughout a trading session.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1761530437,
"base": "USD",
"date": "2025-10-27",
"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 the current bid and ask prices for silver, essential for traders looking to execute orders efficiently.
Conclusion
The Metals-API is a powerful tool for developers seeking to access real-time and historical data on silver and other metals. With its extensive range of endpoints, the API provides the flexibility and functionality needed to build robust applications that cater to the dynamic nature of the metals market. By leveraging the capabilities of the Metals-API, developers can create innovative solutions that enhance market analysis, trading strategies, and operational efficiencies.
For more information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive understanding of available data. The future of metals trading is here, and with the right tools, developers can harness its potential to drive innovation and success.