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Acquire Coimbatore Silver (XAG-COIM) Historical Prices through this API

Acquire Coimbatore Silver (XAG-COIM) Historical Prices through this API

Acquire Coimbatore Silver (XAG-COIM) Historical Prices through this API

Acquire Coimbatore Silver (XAG-COIM) Historical Prices through this API

In the ever-evolving landscape of precious metals trading, acquiring historical prices for Silver (XAG) has become increasingly vital for investors, analysts, and developers alike. The ability to access accurate and timely data can significantly influence decision-making processes in trading and investment strategies. This blog post delves into the intricacies of obtaining historical prices for Silver through the Metals-API, a robust platform designed to provide real-time and historical data for various metals, including Silver.

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 an essential material in electronics, solar panels, and medical devices. As technology advances, the demand for Silver continues to grow, driven by innovations in manufacturing and smart technologies. The integration of Silver into digital markets has transformed how it is traded, analyzed, and utilized.

In recent years, the rise of smart manufacturing has further propelled the need for real-time data on Silver prices. With the advent of supply chain technology, manufacturers can now track the price fluctuations of Silver, allowing them to make informed decisions regarding procurement and inventory management. This technological advancement underscores the importance of having access to reliable historical price data.

Metals-API Information

The Metals-API is a powerful tool that enables developers to access a wealth of information regarding precious metals. It offers various endpoints that provide real-time and historical data, allowing users to build applications that can analyze trends, forecast prices, and make data-driven decisions. The API is designed with innovation in mind, empowering developers to harness the transformative potential of real-time metals data.

One of the standout features of Metals-API is its ability to deliver historical rates for most currencies dating back to 2019. This capability is crucial for developers looking to create applications that require historical data analysis. By appending a specific date to the API request, users can retrieve historical prices for Silver, enabling them to conduct in-depth analyses of price trends over time.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to cater to different data 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, every 10 minutes, or even more frequently. This is essential for traders who need the most current data to make informed decisions.
  • Historical Rates Endpoint: Users can access historical rates for Silver and other metals by appending a date to their API request. This feature is invaluable for analyzing past price movements and trends.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Silver, providing insights into market conditions and helping traders make timely decisions.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for international traders dealing with multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, allowing for comprehensive analysis of price movements over specific periods.
  • Fluctuation Endpoint: This endpoint provides information about how Silver prices fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for Silver over a specified period, which is crucial for identifying market trends.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to obtain the open, high, low, and close prices for Silver, providing a comprehensive view of market performance.
  • Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for extensive analysis of market trends.
  • API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metals, ensuring users have access to the most current data.
  • News Endpoint: Users can retrieve the latest news articles related to various metals, providing context and insights into market movements.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749687137,
    "base": "USD",
    "date": "2025-06-12",
    "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"
}

The response indicates a successful request, providing the latest rates for various metals, including Silver (XAG). The data is presented in terms of troy ounces, which is the standard measurement for precious metals.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1749600737,
    "base": "USD",
    "date": "2025-06-11",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to access historical exchange rates for Silver and other metals. The response includes the date of the rates, ensuring users can track price movements over time.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-05",
    "end_date": "2025-06-12",
    "base": "USD",
    "rates": {
        "2025-06-05": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-07": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-12": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint is particularly useful for developers looking to analyze trends over specific periods. The response provides daily rates, allowing for detailed analysis of price fluctuations.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749687137,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint allows users to convert amounts between different metals and currencies. The response includes the conversion rate and the result, making it easy for users to understand the value of their assets.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-05",
    "end_date": "2025-06-12",
    "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"
}

The fluctuation endpoint provides insights into how Silver prices change over time, which is crucial for traders looking to capitalize on market movements.

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

{
    "success": true,
    "timestamp": 1749687137,
    "base": "USD",
    "date": "2025-06-12",
    "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"
}

This endpoint provides a comprehensive view of market performance by detailing the open, high, low, and close prices for Silver. This information is essential for traders looking to analyze market trends and make informed decisions.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749687137,
    "base": "USD",
    "date": "2025-06-12",
    "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"
}

The bid/ask endpoint provides current bid and ask prices for Silver, helping traders understand market conditions and make timely decisions.

Conclusion

Accessing historical prices for Silver (XAG) is crucial for anyone involved in the precious metals market. The Metals-API offers a comprehensive suite of features that empower developers to build applications capable of analyzing trends, forecasting prices, and making data-driven decisions. With endpoints that provide real-time rates, historical data, and conversion capabilities, the API is an invaluable resource for traders and analysts alike.

By leveraging the capabilities of the Metals-API, users can gain insights into market dynamics, optimize their trading strategies, and stay ahead of the competition. Whether you are a seasoned trader or a developer looking to integrate precious metals data into your applications, the Metals-API provides the tools you need to succeed.

For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals and their specifications. With the right tools and data at your fingertips, you can navigate the complexities of the precious metals market with confidence.

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