How to Get Raipur Silver (RAIP-XAG) prices using this API for your application

Introduction

In today's fast-paced financial landscape, having access to real-time data is crucial for developers and businesses alike. This is especially true when it comes to precious metals like silver, represented by the symbol XAG. The Metals-API offers a powerful solution for retrieving current and historical silver prices, enabling developers to integrate this data into their applications seamlessly. In this blog post, we will explore the various markets for silver, delve into the capabilities of the Metals-API, and provide detailed insights into how to effectively utilize this API for your applications.

Metals-API Information

About Silver (XAG)

Silver, denoted 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. The demand for silver is driven by its industrial applications and innovation, which continue to evolve with advancements in technology.

In the realm of manufacturing, silver plays a pivotal role in smart manufacturing integration. As industries adopt more sophisticated technologies, the need for real-time data on silver prices becomes increasingly important. This is where the Metals-API shines, providing developers with the tools to access and analyze silver market data effectively.

Furthermore, digital market analysis has become a cornerstone for businesses looking to optimize their operations. By leveraging the capabilities of the Metals-API, developers can create applications that not only track silver prices but also analyze trends, fluctuations, and historical data to make informed decisions.

API Description

The Metals-API is designed to empower developers with real-time metals data, enabling the creation of next-generation applications. With its robust architecture and innovative features, the API provides access to a wealth of information about precious metals, including silver.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This capability is essential for applications that require up-to-the-minute pricing information.

Moreover, the API supports a variety of endpoints, each tailored to specific needs. From historical rates dating back to 2019 to bid and ask prices, the Metals-API offers a comprehensive suite of tools for developers. The potential applications are vast, ranging from financial analysis tools to e-commerce platforms that require accurate pricing for silver and other metals.

Key Features and Endpoints

The Metals-API boasts a range of features that cater to diverse use cases. Here are some of the key endpoints and their functionalities:

• 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 more frequently. This is crucial for applications that require the latest 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 past pricing data, which is invaluable for trend analysis and market research.
• Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver. Understanding the bid-ask spread is essential for traders and investors looking to make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling you to convert amounts between different metals or to/from USD. This is particularly useful for applications that deal with multiple currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is ideal for analyzing price trends over specific periods.
• Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping developers build applications that can respond to changing market conditions.
• Carat Endpoint: Retrieve information about gold rates by carat. This feature is useful for applications focused on jewelry and precious metal trading.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for silver over a specified period. This information is critical for traders looking to identify market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for silver, which is essential for technical analysis and trading strategies.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is valuable for those interested in the London Metal Exchange market.
• API Key: Your unique API key is required to access the Metals-API. This key must be included in the API base URL's access_key parameter.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in your data.
• Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities tailored to various needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies and metals, allowing developers to stay updated on the latest symbols.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping your application informed about market developments.

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.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of various endpoints, showcasing the JSON responses you can expect:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1765000842,
"base": "USD",
"date": "2025-12-06",
"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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
"success": true,
"timestamp": 1764914442,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
"success": true,
"timeseries": true,
"start_date": "2025-11-29",
"end_date": "2025-12-06",
"base": "USD",
"rates": {
"2025-11-29": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765000842,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2025-11-29",
"end_date": "2025-12-06",
"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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
"success": true,
"timestamp": 1765000842,
"base": "USD",
"date": "2025-12-06",
"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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
"success": true,
"timestamp": 1765000842,
"base": "USD",
"date": "2025-12-06",
"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"
}

Conclusion

In conclusion, the Metals-API provides a comprehensive solution for developers looking to integrate real-time silver prices into their applications. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API empowers developers to create innovative applications that respond to market dynamics.

By leveraging the capabilities of the Metals-API, businesses can enhance their decision-making processes, optimize their operations, and stay ahead in the competitive landscape of precious metals trading. For further information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

As the demand for real-time data continues to grow, the Metals-API stands out as a transformative tool for developers, offering the potential to revolutionize how we interact with precious metals markets.