Get Accurate LBMA Silver (LBXAG) - Per Ounce Prices in Multiple Currencies with this API

Get Accurate LBMA Silver (XAG) - Per Ounce Prices in Multiple Currencies with this API

Metals-API provides accurate LBMA Silver (XAG) prices in various currencies, empowering developers to create innovative applications that leverage this data. This blog post will delve into how Metals-API delivers precise silver pricing, explore its numerous features, and discuss potential business applications.

About Silver (XAG)

Metals-API Documentation, developers can harness the power of real-time silver pricing data to build applications that cater to these needs.

API Description

Key Features and Endpoints

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or even every 10 minutes. This feature is essential for businesses that require up-to-the-minute pricing information to make quick decisions.
• Historical Rates Endpoint: Access historical rates dating back to 2019. This endpoint allows users to query silver prices for specific dates, enabling trend analysis and market research.
• Bid And Ask Endpoint: Retrieve real-time bid and ask prices for silver. This feature is particularly useful for traders who need to understand the market's current buying and selling prices.
• Convert Endpoint: This endpoint allows users to convert any amount from one currency to another, making it easy to calculate silver prices in different currencies.
• Time-Series Endpoint: Query daily historical rates between two dates of your choice. This feature is invaluable for analyzing price trends over time.
• Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping businesses manage risk effectively.
• Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for silver prices over a specific time period. This information is crucial for traders looking to analyze market movements.
• API Key: Your unique API key is required to access the Metals-API. This key ensures secure access to the data and helps manage usage limits.
• API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
• Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1754784328,
    "base": "USD",
    "date": "2025-08-10",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1754697928,
    "base": "USD",
    "date": "2025-08-09",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-08-03",
    "end_date": "2025-08-10",
    "base": "USD",
    "rates": {
        "2025-08-03": {
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-08-05": {
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-08-10": {
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1754784328,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-03",
    "end_date": "2025-08-10",
    "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
        }
    },
    "unit": "per troy ounce"
}

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

{
    "success": true,
    "timestamp": 1754784328,
    "base": "USD",
    "date": "2025-08-10",
    "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
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1754784328,
    "base": "USD",
    "date": "2025-08-10",
    "rates": {
        "XAU": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        },
        "XAG": {
            "bid": 0.0381,
            "ask": 0.0382,
            "spread": 0.0001
        }
    },
    "unit": "per troy ounce"
}

Potential Business Applications

• Trading Platforms: Integrating the Metals-API into trading platforms allows users to access real-time silver prices, enhancing their trading strategies and decision-making processes.
• Manufacturing Analytics: Manufacturers can utilize historical silver price data to forecast costs and optimize procurement strategies, ensuring they remain competitive in the market.
• Investment Analysis: Investors can leverage the API to analyze price trends and fluctuations, helping them make informed investment decisions in the silver market.
• Supply Chain Management: Businesses can track silver prices to manage their supply chains more effectively, ensuring they are purchasing at optimal times.

Conclusion

Metals-API Documentation and explore the Metals-API Supported Symbols to understand the full range of capabilities available. The future of silver pricing data is here, and with the Metals-API, you can harness its potential to drive your business forward.