Update your database with Raipur Silver (RAIP-XAG) prices using this API

Update Your Database with Raipur Silver (RAIP-XAG) Prices Using Metals-API

In today's fast-paced financial landscape, staying updated with real-time data is crucial for developers and businesses alike. The Metals-API offers a powerful solution for accessing live and historical prices of precious metals, including Silver (XAG). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, features, and how it can be leveraged to enhance your applications and databases.

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it invaluable in sectors such as electronics, solar energy, and medical technology. As innovation continues to drive the demand for Silver, understanding its market dynamics becomes essential for developers and businesses.

The integration of technology in manufacturing processes has transformed how Silver is sourced, processed, and utilized. Smart manufacturing techniques, coupled with supply chain technology, have enabled companies to optimize their operations, ensuring that they can respond swiftly to market changes. Furthermore, digital market analysis tools provide insights into price trends, helping businesses make informed decisions.

API Description

The Metals-API is a comprehensive solution that empowers developers to access real-time and historical data on various metals, including Silver. This API is designed to facilitate the development of next-generation applications by providing accurate and timely information. With its robust architecture, the Metals-API enables seamless integration into existing systems, allowing developers to focus on building innovative solutions.

For detailed information on how to implement the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the API's capabilities, endpoints, and usage examples.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to specific needs. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Silver and other metals, updated every 60 minutes or more frequently, depending on your subscription plan. This feature is essential for applications that require up-to-the-minute pricing information.
• Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This feature is invaluable for market analysis and trend forecasting.
• Bid And Ask Endpoint: Retrieve real-time bid and ask prices for Silver, allowing traders to make informed decisions based on current market conditions.
• Convert Endpoint: This endpoint allows users to convert amounts between different metals or to/from USD, making it easier to handle transactions in various currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed analysis of price movements over time.
• Fluctuation Endpoint: Track how Silver prices fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: Retrieve information about Gold rates by carat, which is useful for jewelers and traders dealing in precious metals.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for Silver over a specified period, aiding in investment decisions.
• Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for Silver, which is crucial for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term perspective on market trends.
• API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
• API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
• Available Endpoints: With 14 different endpoints, the Metals-API offers a wide range of functionalities to meet diverse user needs.
• Supported Symbols Endpoint: Access a constantly updated list of all available metal symbols, ensuring you have the latest information.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market 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 interpret API responses is crucial for effective integration. Below are examples of various API endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1778544669,
"base": "USD",
"date": "2026-05-12",
"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"
}

This response indicates a successful query, providing the latest exchange rates for various metals, including Silver (XAG).

Historical Rates Endpoint

{
"success": true,
"timestamp": 1778458269,
"base": "USD",
"date": "2026-05-11",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This example shows how to access historical rates for Silver, allowing for analysis of past market behavior.

Time-series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-05-05",
"end_date": "2026-05-12",
"base": "USD",
"rates": {
"2026-05-05": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-05-07": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-05-12": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response provides a time-series view of Silver prices, enabling developers to analyze trends over a specified period.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1778544669,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

The Convert Endpoint allows for easy conversion between different metals or currencies, which is essential for financial applications.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-05-05",
"end_date": "2026-05-12",
"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 provides insights into how Silver prices fluctuate over time, which can be critical for traders and analysts.

OHLC (Open/High/Low/Close) Endpoint

{
"success": true,
"timestamp": 1778544669,
"base": "USD",
"date": "2026-05-12",
"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"
}

The OHLC data is essential for technical analysis, providing traders with the information needed to make informed decisions.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1778544669,
"base": "USD",
"date": "2026-05-12",
"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 endpoint provides current bid and ask prices, which are crucial for traders looking to execute transactions at optimal prices.

Conclusion

The Metals-API is a powerful tool for developers looking to integrate real-time and historical data on precious metals like Silver into their applications. With its extensive range of endpoints and capabilities, it provides the necessary resources to build innovative solutions that can adapt to the ever-changing market landscape. By leveraging the API's features, developers can enhance their applications, improve decision-making processes, and ultimately drive business success.

For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page. Embrace the power of real-time metals data and transform your applications today!