Retrieve Real-Time Kolkata Silver (KOLK-XAG) Prices in Multiple Currencies Using This API
Retrieve Real-Time Kolkata Silver (KOLK-XAG) Prices in Multiple Currencies Using This API
In today's fast-paced financial landscape, having access to real-time data is crucial for businesses and developers alike. The Metals-API provides accurate silver prices, specifically for the symbol XAG, in various currencies, enabling developers to create innovative applications that leverage this data. This blog post will explore how the Metals-API empowers users to retrieve real-time silver prices, delve into the significance of silver in industrial applications, and highlight the transformative potential of integrating real-time metals data into business operations.
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. From electronics to solar panels, silver's unique properties make it an essential component in modern technology. The demand for silver is driven by its conductivity, reflectivity, and antimicrobial properties, which have led to innovations in manufacturing processes.
As industries evolve, the integration of smart manufacturing technologies has become increasingly important. Companies are leveraging data analytics to optimize production processes, reduce waste, and enhance product quality. The ability to access real-time silver prices through the Metals-API allows businesses to make informed decisions regarding their supply chains and production strategies. By analyzing market trends and fluctuations, companies can better manage their inventory and pricing strategies.
API Description
The Metals-API is designed to provide developers with a robust platform for accessing real-time and historical metals data. With a focus on innovation and technological advancement, this API enables users to build next-generation applications that can transform how businesses operate. The API offers a variety of endpoints, each tailored to meet specific needs, from retrieving the latest rates to analyzing historical data.
For detailed information on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API's features effectively.
Key Features and Endpoints
The Metals-API offers a range of endpoints that cater to different business needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API updates this data every 60 minutes or every 10 minutes, ensuring that users have access to the most current market information.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past silver prices, which can be invaluable for market analysis and trend forecasting.
- Bid And Ask Endpoint: This feature allows users to obtain real-time bid and ask prices for silver. Understanding the bid-ask spread is crucial for traders and investors looking to make informed decisions in the market.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one currency to another. This is particularly useful for businesses operating in multiple countries or dealing with international clients.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two selected dates. This feature is essential for analyzing trends over time and making data-driven decisions.
- Fluctuation Endpoint: Users can track how silver prices fluctuate on a day-to-day basis. This information is vital for understanding market volatility and making strategic investment choices.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of silver over a specified period, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This feature allows users to retrieve the open, high, low, and close prices for silver, which are critical for technical analysis in trading.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, allowing users to stay informed about the symbols they can query.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on market trends and developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some example responses for key endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1762646682,
"base": "USD",
"date": "2025-11-09",
"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 above shows the latest rates for various metals, including silver (XAG), which is priced at 0.03815 per troy ounce. This real-time data is essential for traders and businesses to make informed decisions.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1762560282,
"base": "USD",
"date": "2025-11-08",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example illustrates how to access historical rates for silver. By analyzing past prices, businesses can identify trends and make strategic decisions based on historical performance.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-02",
"end_date": "2025-11-09",
"base": "USD",
"rates": {
"2025-11-02": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-04": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-09": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint allows users to track silver prices over a specified period, providing valuable insights into market trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1762646682,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response demonstrates how to convert an amount from USD to silver (XAU). Such conversions are essential for businesses operating in international markets, allowing them to manage pricing strategies effectively.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-02",
"end_date": "2025-11-09",
"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"
}
The fluctuation endpoint provides insights into how silver prices have changed over time, which is crucial for traders looking to capitalize on market movements.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1762646682,
"base": "USD",
"date": "2025-11-09",
"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 example illustrates how to retrieve OHLC data for silver, which is essential for technical analysis and trading strategies.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1762646682,
"base": "USD",
"date": "2025-11-09",
"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"
}
The bid/ask endpoint provides critical information for traders, allowing them to understand the current market conditions and make informed decisions.
Conclusion
The Metals-API offers a comprehensive solution for accessing real-time silver prices and other metals data, empowering developers to create innovative applications that can transform business operations. By leveraging the API's various endpoints, businesses can gain valuable insights into market trends, optimize their supply chains, and enhance their pricing strategies.
As industries continue to evolve, the importance of real-time data cannot be overstated. The ability to access accurate silver prices in multiple currencies through the Metals-API is a game-changer for businesses looking to stay competitive in the global market. For more information on the capabilities of the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed implementation guidance. Additionally, for a complete list of supported symbols, check out the Metals-API Supported Symbols page.