The Easiest Way to Get Coimbatore Silver (COIM-XAG) Historical Rates Using API Access
The Easiest Way to Get Coimbatore Silver (COIM-XAG) Historical Rates Using API Access
In today's fast-paced financial landscape, having access to real-time and historical data is crucial for making informed decisions. For those interested in the silver market, particularly the Coimbatore Silver (COIM-XAG), utilizing an API like Metals-API can streamline the process of obtaining historical prices. This blog post will guide you through the steps to access historical rates for silver using the Metals-API, including example endpoints, parameters, and data formats.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it indispensable in modern technology. As industries continue to innovate, the demand for silver is expected to grow, making it essential for investors and developers to stay updated on its market trends.
Moreover, the integration of smart manufacturing and supply chain technology is transforming how silver is sourced, processed, and traded. With the rise of digital market analysis tools, stakeholders can leverage real-time data to optimize their operations and investment strategies. This is where the Metals-API comes into play, providing developers with the tools needed to build next-generation applications that can analyze and respond to market fluctuations effectively.
API Description
The Metals-API is a powerful tool that provides real-time and historical data on various metals, including silver. It empowers developers to create applications that can track prices, analyze trends, and make informed decisions based on accurate data. The API supports multiple endpoints, each designed to cater to specific needs, from retrieving the latest rates to accessing historical data dating back to 2019.
For more information about the API, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that can be utilized for different purposes. 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, updates can occur every 60 minutes or even more frequently.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to the endpoint, you can retrieve the price of silver on that date.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver, providing insights into market conditions.
- Convert Endpoint: Easily convert amounts between silver and other currencies or metals using this endpoint.
- Time-Series Endpoint: Query daily historical rates between two dates, allowing for comprehensive analysis over time.
- Fluctuation Endpoint: Track how silver prices fluctuate over a specified period, helping you understand market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for silver, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols, providing a broader context for silver pricing.
- API Key: Your unique API key is required for authentication and must be included in your requests.
- API Response: The API returns data in JSON format, with exchange rates typically relative to USD.
- Supported Symbols Endpoint: Retrieve a list of all available metal symbols, including silver.
- News Endpoint: Stay updated with the latest news articles related to silver and other metals.
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 effective implementation. Below are examples of various endpoints and their corresponding JSON responses.
Latest Rates Endpoint
To get real-time exchange rates for silver, you can use the following endpoint:
GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY
Example response:
{
"success": true,
"timestamp": 1766048433,
"base": "USD",
"date": "2025-12-18",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
To access historical exchange rates for silver, append a date to the endpoint:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2025-12-17
Example response:
{
"success": true,
"timestamp": 1765962033,
"base": "USD",
"date": "2025-12-17",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
To get exchange rates for a specific time period, use the time-series endpoint:
GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2025-12-11&end_date=2025-12-18
Example response:
{
"success": true,
"timeseries": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"base": "USD",
"rates": {
"2025-12-11": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-12-18": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
To convert amounts between silver and other currencies, use the convert endpoint:
GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAG&amount=1000
Example response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1766048433,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}
Fluctuation Endpoint
To track rate fluctuations between two dates, use the fluctuation endpoint:
GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2025-12-11&end_date=2025-12-18
Example response:
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"base": "USD",
"rates": {
"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
To get OHLC data for silver, use the following endpoint:
GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2025-12-18
Example response:
{
"success": true,
"timestamp": 1766048433,
"base": "USD",
"date": "2025-12-18",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
To get current bid and ask prices for silver, use this endpoint:
GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY
Example response:
{
"success": true,
"timestamp": 1766048433,
"base": "USD",
"date": "2025-12-18",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing historical rates for Coimbatore Silver (COIM-XAG) has never been easier with the Metals-API. By leveraging its comprehensive endpoints, developers can create applications that provide real-time insights and historical analysis of silver prices. Whether you are tracking market fluctuations, converting currencies, or analyzing trends, the Metals-API offers the tools necessary to stay ahead in the dynamic world of precious metals.
For further exploration, consider reviewing the Metals-API Documentation for detailed instructions on each endpoint, or visit the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols. With the right tools and knowledge, you can effectively navigate the silver market and make informed decisions.