Obtain Silver Ask (XAG-ASK) prices using this API

Introduction

In the world of precious metals, obtaining accurate and real-time pricing data is crucial for investors, manufacturers, and traders alike. One of the most sought-after metals is Silver, represented by the symbol XAG. The Metals-API provides a robust solution for accessing Silver Ask (XAG-ASK) prices, along with a wealth of other data related to various metals. This blog post will delve into the intricacies of Silver, its markets, and how the Metals-API functions to deliver real-time data, enabling developers to create innovative applications.

Metals-API Information

About Silver (XAG)

Silver, known by its chemical symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties, such as high electrical conductivity and reflectivity, make it indispensable in sectors ranging from electronics to solar energy. As technology advances, the demand for Silver in manufacturing processes continues to grow, particularly in smart manufacturing and supply chain technologies.

In the realm of digital market analysis, Silver's price fluctuations are closely monitored by traders and investors. The integration of technology in manufacturing processes has led to a more efficient use of Silver, driving innovation and sustainability. As industries evolve, the need for accurate and timely data becomes paramount, making APIs like Metals-API essential for staying ahead in the market.

API Description

The Metals-API is designed to provide developers with real-time data on various metals, including Silver. This API empowers users to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its focus on innovation and technological advancement, the Metals-API transforms how businesses interact with precious metals data.

One of the key features of the Metals-API is its ability to deliver real-time exchange rates, updated frequently based on the user's subscription plan. This capability allows developers to create applications that can respond to market changes instantly, providing users with the most accurate information available.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different 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, updated every 60 minutes or more frequently depending on the subscription plan. This feature is crucial for applications that require up-to-the-minute pricing information.
• 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 past pricing data, which is invaluable for trend analysis and forecasting.
• Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time Bid and Ask prices for Silver. Understanding the spread between these prices is essential for traders looking to make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion feature, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
• Time-Series Endpoint: Developers can query the API for daily historical rates between two chosen dates, allowing for in-depth analysis of price trends over time.
• Fluctuation Endpoint: This endpoint provides information on how Silver prices fluctuate on a day-to-day basis, helping users understand market volatility.
• Carat Endpoint: Users can retrieve information about Gold rates by Carat, which is useful for jewelers and investors in the jewelry market.
• Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of Silver over a specified period, aiding in investment decisions.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides essential data on the open, high, low, and close prices for Silver, which is critical for technical analysis.
• Historical LME Endpoint: Users can access historical rates for LME symbols dating back to 2008, providing a comprehensive view 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 presentation.
• Available Endpoints: The API features numerous endpoints, each designed to provide specific functionalities tailored to user needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available metal symbols, ensuring users have access to the latest data.
• Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices in India, catering to a specific market segment.
• News Endpoint: Users can access the latest news articles related to various metals, keeping them 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 developers looking to implement the Metals-API effectively. Below are detailed examples of various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1750521613,
    "base": "USD",
    "date": "2025-06-21",
    "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"
}

This 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

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1750435213,
    "base": "USD",
    "date": "2025-06-20",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to retrieve historical rates, allowing developers to analyze past performance and trends in Silver pricing.

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-14",
    "end_date": "2025-06-21",
    "base": "USD",
    "rates": {
        "2025-06-14": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-16": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-21": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of rates, allowing developers to visualize trends over a specified period.

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": 1750521613,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example illustrates how to convert a specified amount from USD to Gold (XAU), showcasing the API's versatility in handling different currencies and metals.

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-14",
    "end_date": "2025-06-21",
    "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 response provides valuable insights into how Silver prices have changed over a specified period, essential for traders looking to make informed decisions.

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1750521613,
    "base": "USD",
    "date": "2025-06-21",
    "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 critical data for technical analysis, allowing traders to assess market conditions based on historical price movements.

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1750521613,
    "base": "USD",
    "date": "2025-06-21",
    "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 response provides the current bid and ask prices for Silver, which are essential for traders looking to execute buy or sell orders effectively.

Conclusion

The Metals-API is a powerful tool for developers seeking to integrate real-time Silver pricing data into their applications. With its extensive range of endpoints and features, the API enables users to access crucial information about Silver and other metals, facilitating informed decision-making in trading and investment.

By understanding the various endpoints, such as the Latest Rates, Historical Rates, and Bid/Ask endpoints, developers can create applications that not only provide real-time data but also analyze trends and fluctuations in the market. The API's capabilities extend beyond mere data retrieval; it empowers users to build sophisticated tools that can adapt to the ever-changing landscape of precious metals.

For more detailed information on how to implement the Metals-API, refer to the Metals-API Documentation. Additionally, for a comprehensive list of supported symbols, visit the Metals-API Supported Symbols page. By leveraging the power of the Metals-API, developers can stay ahead in the competitive world of precious metals trading.