Step-by-Step Guide to Get Indore Silver (INDO-XAG) Historical Prices via API
Step-by-Step Guide to Get Indore Silver (INDO-XAG) Historical Prices via API
In the world of precious metals, Silver (XAG) holds a significant position due to its diverse industrial applications and investment potential. With the rise of technology and data-driven decision-making, accessing historical prices of Silver has become crucial for investors, traders, and developers alike. This guide will walk you through the process of obtaining historical prices for Indore Silver (INDO-XAG) using the Metals-API, a powerful tool that provides real-time and historical data on various metals.
About Silver (XAG)
Silver is not only a precious metal but also a vital component in various industrial applications. Its conductivity makes it an essential material in electronics, solar panels, and medical devices. As industries evolve, the demand for Silver continues to grow, driven by innovation and technological advancements. The integration of smart manufacturing and supply chain technology has further enhanced the efficiency of Silver production and distribution.
In the digital market, Silver is analyzed through various metrics, including its historical prices, which provide insights into market trends and investment opportunities. Understanding the historical price movements of Silver can help investors make informed decisions, and this is where the Metals-API comes into play.
Metals-API Information
The Metals-API is a robust API that offers developers access to real-time and historical data for various metals, including Silver. With its innovative capabilities, the API empowers developers to create applications that can analyze market trends, perform currency conversions, and track price fluctuations. The API's transformative potential lies in its ability to provide accurate and timely data, enabling users to make data-driven decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or more frequently. It allows users to access the most current prices for Silver and other metals.
- Historical Rates Endpoint: This feature provides historical rates for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve historical prices for Silver, enabling comprehensive market analysis.
- Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Silver, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion feature, allowing users to convert amounts from one metal to another or to/from USD, facilitating seamless transactions and analysis.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, making it easier to analyze price trends over specific periods.
- Fluctuation Endpoint: This endpoint provides information about 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 essential for technical analysis and trading strategies.
- Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for Silver over a specified period, providing valuable insights into market extremes.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008, allowing for extensive historical analysis.
- API Key: To access the API, users must include their unique API key in the request, ensuring secure and authorized access to the data.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format for easy integration.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some examples of API responses for different endpoints:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1770941689,
"base": "USD",
"date": "2026-02-13",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1770855289,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-06",
"end_date": "2026-02-13",
"base": "USD",
"rates": {
"2026-02-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-13": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770941689,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-06",
"end_date": "2026-02-13",
"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"
}
OHLC (Open/High/Low/Close) Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1770941689,
"base": "USD",
"date": "2026-02-13",
"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"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1770941689,
"base": "USD",
"date": "2026-02-13",
"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"
}
Conclusion
Accessing historical prices for Indore Silver (INDO-XAG) is essential for anyone involved in the precious metals market. The Metals-API provides a comprehensive solution for retrieving real-time and historical data, enabling developers to create innovative applications that analyze market trends and facilitate informed decision-making. By leveraging the various endpoints offered by the Metals-API, users can gain valuable insights into Silver's price movements, track fluctuations, and perform currency conversions seamlessly.
For more information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. With the right tools and data, you can navigate the complexities of the Silver market with confidence.