Fetch Bangalore Silver (BANG-XAG) Historical Prices utilizing this API
Fetch Bangalore Silver (BANG-XAG) Historical Prices Utilizing This API
In today's fast-paced financial landscape, the ability to access real-time and historical data on precious metals is crucial for investors, traders, and developers alike. One of the most sought-after metals is silver, represented by the symbol XAG. This blog post will delve into how to fetch historical prices for silver using the Metals-API, a powerful tool that provides comprehensive data on various metals, including silver. We will explore the capabilities of the Metals-API, its endpoints, and how developers can leverage this data to create innovative applications.
About Silver (XAG)
Silver, known by its chemical symbol Ag, is not only a precious metal but also a vital industrial commodity. Its applications span across various sectors, including electronics, solar energy, and medical devices. The demand for silver is driven by its unique properties such as high conductivity, reflectivity, and resistance to corrosion. As industries continue to innovate, the role of silver in technology and manufacturing is expected to grow.
In recent years, the digital market for silver has expanded significantly, with online trading platforms and investment vehicles making it easier for individuals to invest in this precious metal. The integration of smart manufacturing technologies has also enhanced the efficiency of silver production, while advancements in supply chain technology have improved the tracking and distribution of silver products. Understanding the historical prices of silver is essential for market analysis and investment strategies.
API Description
The Metals-API is designed to provide developers with real-time and historical data on various metals, including silver. This API empowers users to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API allows developers to access a wealth of information that can be utilized for market analysis, trading applications, and financial reporting.
One of the key advantages of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on the subscription plan. This means that developers can access the latest market rates for silver and other metals, enabling them to make informed decisions based on current market conditions. Furthermore, the API offers historical data dating back to 2019, allowing users to analyze trends and fluctuations over time.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the most significant features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to react quickly to market changes.
- Historical Rates Endpoint: Users can access historical rates for silver dating back to 2019. By appending a specific date to the API request, developers can retrieve the price of silver on that particular day, which is invaluable for trend analysis and historical comparisons.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for silver. Understanding the bid-ask spread is crucial for traders looking to execute orders at the best possible prices.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for investors who want to assess the value of their holdings in different currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. This is particularly useful for analyzing price movements over specific periods, such as weeks or months.
- Fluctuation Endpoint: Users can track how silver prices fluctuate between two dates. This endpoint provides insights into the volatility of silver prices, which can inform trading strategies.
- Carat Endpoint: For those interested in gold, the Metals-API offers a carat endpoint that provides information about gold rates by carat. This feature is essential for jewelers and investors in the gold market.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price of silver for a specified date. This information is crucial for understanding market extremes and making informed trading decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for silver on a specific date, which is essential for technical analysis.
- Historical LME Endpoint: For users interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for comprehensive analysis of market trends.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The API offers a total of 14 endpoints, each designed to provide specific functionalities related to metals data.
- Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to various metals, providing context and insights into market movements.
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. This resource is invaluable for developers looking to integrate metals data into their applications.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for developers. Below are examples of responses from various endpoints, showcasing the data format and key fields.
Latest Rates Endpoint
{
"success": true,
"timestamp": 1763974852,
"base": "USD",
"date": "2025-11-24",
"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 current exchange rates for various metals, including silver (XAG). The rates are expressed per troy ounce, which is the standard measurement for precious metals.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1763888452,
"base": "USD",
"date": "2025-11-23",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows historical rates for silver on a specific date, allowing users to analyze past performance and trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-17",
"end_date": "2025-11-24",
"base": "USD",
"rates": {
"2025-11-17": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-19": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-24": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series response provides daily rates for silver over a specified period, allowing for detailed trend analysis.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763974852,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response demonstrates the conversion feature, showing how much 1000 USD is worth in gold (XAU), which is useful for investors looking to diversify their portfolios.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-17",
"end_date": "2025-11-24",
"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 the fluctuations of silver prices over a specified period, which is essential for traders looking to capitalize on price movements.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1763974852,
"base": "USD",
"date": "2025-11-24",
"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 response provides a comprehensive view of silver's price action for a specific date, which is crucial for technical analysis and trading strategies.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1763974852,
"base": "USD",
"date": "2025-11-24",
"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 the current bid and ask prices for silver, which is essential for traders looking to execute buy or sell orders effectively.
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers and traders looking to access real-time and historical data on silver and other metals. With its comprehensive range of endpoints, the API empowers users to build innovative applications that can analyze market trends, track price fluctuations, and make informed investment decisions. By leveraging the capabilities of the Metals-API, developers can create tools that enhance the trading experience and provide valuable insights into the precious metals market.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols page for a complete list of available metal symbols. Whether you are a seasoned trader or a developer looking to integrate metals data into your applications, the Metals-API offers the tools you need to succeed in the dynamic world of precious metals.