Retrieve historical Raipur Silver (RAIP-XAG) prices using this API
Retrieve Historical Raipur Silver (RAIP-XAG) Prices Using This API
In the ever-evolving world of finance and commodities, having access to real-time and historical data is crucial for making informed decisions. This is especially true for precious metals like silver, represented by the symbol XAG. The Metals-API provides developers with a powerful tool to retrieve historical Raipur Silver prices and much more. In this blog post, we will delve into the intricacies of silver, its markets, and how the Metals-API can be utilized to access vital data.
About Silver (XAG)
Silver, known for its lustrous appearance and conductivity, has a wide array of industrial applications. From electronics to solar panels, silver plays a pivotal role in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, making it a critical component in various sectors.
In the digital market analysis realm, silver prices are influenced by numerous factors, including geopolitical events, economic indicators, and market speculation. The ability to analyze these trends in real-time is essential for investors and businesses alike. With the rise of digital platforms, the silver market has become more accessible, allowing for innovative trading strategies and investment opportunities.
Understanding the Metals-API
The Metals-API is a robust solution designed to provide developers with real-time and historical data on various metals, including silver. This API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. By leveraging the transformative potential of real-time metals data, developers can create applications that cater to the needs of investors, traders, and businesses.
The Metals-API offers a variety of endpoints, each serving a unique purpose. For instance, the Latest Rates Endpoint allows users to retrieve real-time exchange rate data for silver and other metals. Depending on the subscription plan, this endpoint can provide updates every 60 minutes or even more frequently. This feature is invaluable for traders who need to stay ahead of market movements.
Another significant feature is the Historical Rates Endpoint, which provides access to historical rates dating back to 2019. By appending a specific date to the API request, users can obtain historical data that is essential for trend analysis and forecasting. This capability is particularly useful for developers looking to create applications that require historical context for price movements.
The Bid and Ask Endpoint is another powerful feature of the Metals-API. It enables users to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and pricing dynamics. This information is crucial for traders who need to make quick decisions based on current market conditions.
Additionally, the Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This functionality is particularly useful for businesses that deal with multiple currencies and need to streamline their financial operations.
The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This feature is beneficial for conducting in-depth analyses of price trends over specific periods, allowing developers to create applications that visualize historical data effectively.
Moreover, the Fluctuation Endpoint provides insights into how silver prices fluctuate on a day-to-day basis. By tracking these fluctuations, developers can build applications that alert users to significant price changes, enabling them to react swiftly to market movements.
Key Features and Endpoints
The Metals-API boasts a comprehensive suite of features that cater to various needs:
- Latest Rates Endpoint: Retrieve real-time exchange rates for silver and other metals.
- Historical Rates Endpoint: Access historical exchange rates for any date since 2019.
- Bid and Ask Endpoint: Get current bid and ask prices for silver.
- Convert Endpoint: Convert amounts between different metals and currencies.
- Time-Series Endpoint: Query for daily historical rates between specified dates.
- Fluctuation Endpoint: Track rate fluctuations between two dates.
- Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period.
- Lowest/Highest Price Endpoint: Query for the lowest and highest price of silver over a specified period.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
- News Endpoint: Retrieve the latest news articles related to silver and other metals.
For a complete list of supported symbols, including silver, refer to the Metals-API Supported Symbols page.
API Response Examples
Understanding the API responses is crucial for effective integration. Here are some examples of the JSON responses you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1763866847,
"base": "USD",
"date": "2025-11-23",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1763780447,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-16",
"end_date": "2025-11-23",
"base": "USD",
"rates": {
"2025-11-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-23": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763866847,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-16",
"end_date": "2025-11-23",
"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"
}
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1763866847,
"base": "USD",
"date": "2025-11-23",
"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"
}
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1763866847,
"base": "USD",
"date": "2025-11-23",
"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"
}
Conclusion
In conclusion, the Metals-API provides a comprehensive solution for accessing real-time and historical data on silver and other metals. With its various endpoints, developers can build applications that cater to the needs of investors and businesses, enabling them to make informed decisions based on accurate data. The ability to track price fluctuations, convert currencies, and analyze historical trends empowers users to navigate the complexities of the silver market effectively.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the extensive features available. Whether you are a developer looking to integrate metals data into your applications or a business seeking to optimize your operations, the Metals-API is an invaluable resource.