How to fetch Kanpur Silver (KANP-XAG) prices using this API

How to Fetch Kanpur Silver (KANP-XAG) Prices Using the Metals-API

In the world of precious metals, silver holds a significant place not only as a valuable asset but also as a critical component in various industrial applications. For developers and businesses looking to access real-time silver prices, the Metals-API offers a robust solution. This blog post will delve into the intricacies of fetching Kanpur Silver (KANP-XAG) prices using this powerful API, exploring its features, capabilities, and practical applications.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a vital industrial commodity. Its applications range from electronics to solar panels, showcasing its versatility. The integration of technology in manufacturing processes has led to innovative uses of silver, enhancing its demand in smart manufacturing and supply chain technologies. As industries evolve, the digital market analysis of silver prices becomes crucial for businesses to make informed decisions.

The rise of smart manufacturing has further emphasized the need for real-time data. By leveraging the Metals-API Documentation, developers can create applications that provide insights into silver pricing trends, helping businesses optimize their operations and supply chains.

API Description

The Metals-API is designed to deliver real-time and historical data on various metals, including silver. This API empowers developers to build next-generation applications that require accurate and timely information. With its innovative features, the Metals-API transforms how businesses interact with metal pricing data.

One of the standout capabilities of the Metals-API is its ability to provide real-time exchange rates, updated frequently based on the subscription plan. This ensures that users have access to the most current market data, which is essential for trading and investment decisions.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each serving a unique purpose. 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 data updated every 60 minutes or even more frequently. For example, a typical response might look like this:

{
        "success": true,
        "timestamp": 1762041645,
        "base": "USD",
        "date": "2025-11-02",
        "rates": {
            "XAG": 0.03815
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is crucial for market analysis. The Historical Rates Endpoint allows users to query rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which can be invaluable for trend analysis.

{
        "success": true,
        "timestamp": 1761955245,
        "base": "USD",
        "date": "2025-11-01",
        "rates": {
            "XAG": 0.03825
        },
        "unit": "per troy ounce"
    }

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 essential for traders looking to make informed decisions. A typical response might include:

{
        "success": true,
        "timestamp": 1762041645,
        "base": "USD",
        "rates": {
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint is particularly useful for businesses that deal with multiple currencies. This feature allows users to convert amounts from one metal to another or to/from USD. For instance, converting 1000 USD to silver might yield:

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAG",
            "amount": 1000
        },
        "info": {
            "timestamp": 1762041645,
            "rate": 0.03815
        },
        "result": 38.15,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint allows users to query daily historical rates between two dates. This is particularly useful for analyzing trends over time. A response might look like this:

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-10-26",
        "end_date": "2025-11-02",
        "base": "USD",
        "rates": {
            "2025-10-26": {
                "XAG": 0.03825
            },
            "2025-11-02": {
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Tracking fluctuations in silver prices is vital for traders. The Fluctuation Endpoint provides information about how prices change over a specified period. A typical response might include:

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-10-26",
        "end_date": "2025-11-02",
        "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

For traders, understanding the open, high, low, and close prices is essential for making informed decisions. The OHLC Price Endpoint provides this data for a specific time period:

{
        "success": true,
        "timestamp": 1762041645,
        "base": "USD",
        "date": "2025-11-02",
        "rates": {
            "XAG": {
                "open": 0.03825,
                "high": 0.0383,
                "low": 0.0381,
                "close": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

API Key and Response

To access the Metals-API, users must include their unique API Key in the request. This key is essential for authentication and ensures secure access to the data. The API response is structured to provide clarity, with all exchange rates delivered relative to USD by default.

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.

Conclusion

In conclusion, the Metals-API is a powerful tool for developers seeking to access real-time and historical silver prices, including Kanpur Silver (KANP-XAG). With its extensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, this API empowers businesses to make data-driven decisions. By integrating the Metals-API into applications, developers can provide valuable insights into silver pricing trends, enhancing operational efficiency and market analysis.

For more information on how to implement these features, visit the Metals-API Documentation. With the right tools and data, the potential for innovation in the precious metals market is limitless.