Access Coimbatore Silver (XAG-COIM) prices with this API

Accessing real-time Silver (XAG-COIM) prices has never been easier, thanks to the powerful capabilities of the Metals-API. This API provides developers with the tools necessary to integrate live metal prices into their applications, enabling a wide range of functionalities from market analysis to smart manufacturing integration. In this blog post, we will explore the intricacies of Silver, its industrial applications, and how the Metals-API can transform the way developers access and utilize metals data.

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, such as high electrical conductivity and reflectivity, make it invaluable in sectors like electronics, solar energy, and medical devices. The demand for Silver is driven by innovation in technology and manufacturing processes, particularly as industries increasingly adopt smart manufacturing techniques.

In the digital age, market analysis has become more sophisticated, with data-driven decisions taking precedence. The integration of supply chain technology and real-time data analytics allows businesses to optimize their operations, reduce costs, and enhance productivity. Silver's role in these advancements cannot be overstated, as it serves as a key material in many cutting-edge applications.

Understanding Metals-API

The Metals-API is a comprehensive solution for accessing real-time and historical metal prices, including Silver. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its robust features, the Metals-API stands out as a transformative tool in the financial technology landscape.

Key Features of Metals-API

The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for Silver and other metals. Depending on your subscription plan, this endpoint can return updates every 60 minutes or even every 10 minutes. This feature is crucial for applications that require up-to-the-minute pricing information, such as trading platforms or financial analysis tools.

{
        "success": true,
        "timestamp": 1763946054,
        "base": "USD",
        "date": "2025-11-24",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is essential for market analysis and trend forecasting. The Historical Rates Endpoint allows you to query Silver prices dating back to 2019. By appending a specific date to your request, you can retrieve past pricing data, which is invaluable for understanding market movements and making informed decisions.

{
        "success": true,
        "timestamp": 1763859654,
        "base": "USD",
        "date": "2025-11-23",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for Silver. This information is crucial for traders who need to make quick decisions based on current market conditions. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller will accept.

{
        "success": true,
        "timestamp": 1763946054,
        "base": "USD",
        "date": "2025-11-24",
        "rates": {
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or financial reporting. By specifying the amount and the desired currency, developers can easily integrate this functionality into their applications.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAG",
            "amount": 1000
        },
        "info": {
            "timestamp": 1763946054,
            "rate": 0.03815
        },
        "result": 38.15,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint enables developers to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing trends over time and understanding how Silver prices fluctuate in response to market conditions.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-11-17",
        "end_date": "2025-11-24",
        "base": "USD",
        "rates": {
            "2025-11-17": {
                "XAG": 0.03825
            },
            "2025-11-24": {
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how Silver prices change over a specified period. By tracking rate fluctuations, developers can gain valuable insights into market volatility and make informed decisions based on historical performance.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-11-17",
        "end_date": "2025-11-24",
        "base": "USD",
        "rates": {
            "XAG": {
                "start_rate": 0.03825,
                "end_rate": 0.03815,
                "change": -0.0001,
                "change_pct": -0.26
            }
        },
        "unit": "per troy ounce"
    }

Open/High/Low/Close (OHLC) Price Endpoint

The OHLC Price Endpoint allows developers to retrieve the open, high, low, and close prices for Silver over a specific time period. This data is crucial for traders and analysts who need to assess market performance and make strategic decisions.

{
        "success": true,
        "timestamp": 1763946054,
        "base": "USD",
        "date": "2025-11-24",
        "rates": {
            "XAG": {
                "open": 0.03825,
                "high": 0.0383,
                "low": 0.0381,
                "close": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for developers who need to analyze long-term trends and performance metrics for Silver and other metals.

Authentication and Security

To access the Metals-API, developers must use an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data. Security best practices should be followed to protect the API Key and prevent unauthorized access.

Performance Optimization

When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce API calls, managing rate limits effectively, and ensuring that error handling is in place to recover from any issues that may arise during data retrieval.

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time Silver (XAG-COIM) prices and historical data. With its extensive range of features, including the Latest Rates, Historical Rates, and various conversion endpoints, the API provides a comprehensive solution for integrating metals data into applications. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance market analysis and decision-making processes.

For more information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Start building your next application today with the Metals-API Website.