Access Silver (NYM $/ozt) Front Month (SI1) Historical Prices through this API

Access Silver (NYM $/ozt) Front Month (SI1) Historical Prices through this API
Silver, represented by the symbol XAG, is not just a precious metal; it is a vital component in various industrial applications and technological innovations. As a developer, accessing historical prices for silver through the Metals-API can empower you to create applications that analyze market trends, optimize manufacturing processes, and enhance digital market strategies. This blog post will delve into the intricacies of obtaining historical prices for silver using the Metals-API, exploring its capabilities, features, and practical applications.
About Silver (XAG)
Silver has long been valued for its aesthetic appeal and intrinsic properties. However, its role has evolved significantly in recent years. Today, silver is extensively used in various industrial applications, including electronics, solar panels, and medical devices. The integration of smart manufacturing technologies has further increased the demand for silver, as industries seek to optimize their production processes and reduce costs.
Moreover, the digital market analysis of silver prices is crucial for investors and manufacturers alike. By leveraging real-time data, businesses can make informed decisions, manage risks, and capitalize on market fluctuations. The Metals-API provides developers with the tools necessary to access this vital information, enabling the creation of next-generation applications that can transform the way we interact with precious metals.
API Description
The Metals-API is a powerful tool that offers developers access to real-time and historical data for various metals, including silver. This API is designed with innovation in mind, allowing for seamless integration into applications that require up-to-date information on metal prices. With the ability to retrieve data at different intervals and in various formats, the Metals-API empowers developers to build applications that can analyze trends, forecast prices, and optimize supply chain management.
One of the standout features of the Metals-API is its ability to provide historical rates dating back to 2019. This capability is essential for developers looking to analyze long-term trends and make data-driven decisions. Furthermore, the API supports multiple endpoints, each designed to cater to specific needs, such as retrieving the latest rates, historical data, and even bid and ask prices.
Key Features and Endpoints
The Metals-API offers a range of endpoints that provide various functionalities. Here are some of the key features:
- Latest Rates Endpoint: This endpoint returns real-time exchange rate data for silver and other metals. Depending on your subscription plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently. This feature is particularly useful for applications that require the most current pricing information.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to your query, you can retrieve the price of silver on that date, allowing for in-depth analysis of market trends over time.
- Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for silver. Understanding these prices is crucial for traders and investors who need to make quick decisions based on market conditions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing you to convert any amount from one metal to another or to/from USD. This feature is essential for applications that require multi-metal transactions.
- Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing trends over specific periods.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into the volatility of silver prices, which can inform trading strategies.
- Carat Endpoint: Retrieve information about gold rates by carat, which can be useful for applications that deal with gold and silver together.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API to get the lowest and highest price of silver over a specified period, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for silver over a specific time period. This data is essential for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for developers working with industrial metals.
- API Key: Your unique API key is required to access the Metals-API. This key is passed into the API base URL's access_key parameter, ensuring secure access to the data.
- API Response: The API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy to integrate into applications.
- Available Endpoints: The Metals-API comes with numerous endpoints, each providing different functionalities tailored to various use cases.
- Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing developers to easily identify which metals can be queried through the API.
- Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which can be useful for applications focused on regional markets.
- News Endpoint: The Metals-API also provides access to the latest news articles related to various metals, keeping developers informed about market trends and events.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some examples of the JSON responses you can expect from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1748826141,
"base": "USD",
"date": "2025-06-02",
"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 that the current price of silver (XAG) is 0.03815 USD per troy ounce. The timestamp provides the exact moment the data was retrieved, ensuring that users have access to the most current information.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1748739741,
"base": "USD",
"date": "2025-06-01",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows the historical price of silver on June 1, 2025, allowing developers to analyze past market performance and trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-05-26",
"end_date": "2025-06-02",
"base": "USD",
"rates": {
"2025-05-26": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-05-28": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-06-02": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of silver prices over a specified period, which is invaluable for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1748826141,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example demonstrates how to convert an amount from USD to silver (XAU), providing developers with the necessary tools to handle multi-metal transactions.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-26",
"end_date": "2025-06-02",
"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 response provides insights into how silver prices have fluctuated over a specified period, which is crucial for traders looking to understand market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1748826141,
"base": "USD",
"date": "2025-06-02",
"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 endpoint provides critical data for technical analysis, allowing traders to assess market performance based on opening, closing, high, and low prices.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1748826141,
"base": "USD",
"date": "2025-06-02",
"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 response provides the current bid and ask prices for silver, which are essential for traders looking to make informed decisions based on market conditions.
Conclusion
Accessing historical prices for silver through the Metals-API opens up a world of possibilities for developers and businesses alike. By leveraging the various endpoints available, you can create applications that analyze market trends, optimize manufacturing processes, and enhance digital market strategies. The ability to access real-time and historical data empowers developers to build next-generation applications that can transform the way we interact with precious metals.
For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the comprehensive list of supported symbols at the Metals-API Supported Symbols page. By utilizing these resources, you can unlock the full potential of the Metals-API and create innovative solutions that drive success in the ever-evolving world of precious metals.