Retrieve Ahmedabad Silver (XAG-AHME) price data with our API

Retrieve Ahmedabad Silver (XAG-AHME) Price Data with Our API

In the ever-evolving landscape of precious metals trading, having access to real-time data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for retrieving the latest price data for silver, specifically the Ahmedabad Silver (XAG-AHME). This blog post will delve into the intricacies of silver as a commodity, its industrial applications, and how the Metals-API can empower developers to create innovative applications that leverage real-time metals data.

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a vital industrial component. Its unique properties make it indispensable in various applications, from electronics to solar panels. The demand for silver is driven by its conductivity, reflectivity, and antimicrobial properties, making it a key player in the technology sector.

As industries continue to innovate, the integration of technology in manufacturing processes has transformed how silver is utilized. Smart manufacturing techniques, powered by data analytics and IoT, have optimized silver usage, reducing waste and enhancing efficiency. The digital market analysis of silver prices allows businesses to make informed decisions, ensuring they remain competitive in a fluctuating market.

Furthermore, advancements in supply chain technology have streamlined the procurement and distribution of silver. By utilizing real-time data, companies can better manage their inventory and respond swiftly to market changes. This is where the Metals-API comes into play, providing developers with the tools needed to access and analyze silver price data effectively.

API Description

The Metals-API is designed to deliver real-time metals data, enabling developers to build next-generation applications that require accurate and timely information. With a focus on innovation and technological advancement, this API opens up a world of possibilities for integrating metals data into various applications.

One of the standout features of the Metals-API is its ability to provide real-time exchange rates for silver and other metals. Developers can access this data through various endpoints, each tailored to meet specific needs. The API's capabilities include retrieving the latest rates, historical data, bid and ask prices, and even converting between different metals and currencies.

For more detailed information on how to implement this API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on usage and integration.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different requirements. Here are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for silver and other metals. The data is updated every 60 minutes, every 10 minutes, or even more frequently, ensuring you have the most current information at your fingertips.
Historical Rates Endpoint: Access historical rates for silver dating back to 2019. This feature allows you to analyze trends over time, helping businesses make informed decisions based on past performance.
Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for silver, providing insights into market dynamics and helping traders make timely decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing you to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price movements over specific periods.
Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This feature provides insights into market volatility, essential for traders and investors.
Carat Endpoint: Retrieve information about gold rates by carat, which can be useful for businesses dealing in jewelry and precious metals.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of silver over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for silver, essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for extensive market research.
API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
API Response: The exchange rates delivered by the Metals-API are relative to USD, with all data returned in a structured JSON format.
Available Endpoints: The API comes with numerous endpoints, each providing different functionalities tailored to meet various needs.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metals, ensuring you have access to the latest data.
Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, useful for businesses focused on the Indian market.
News Endpoint: Stay updated with 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.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749085295,
    "base": "USD",
    "date": "2025-06-05",
    "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 above response indicates a successful request, providing the latest rates for various metals, including silver (XAG).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1748998895,
    "base": "USD",
    "date": "2025-06-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for silver, allowing developers to analyze past trends and make data-driven decisions.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "base": "USD",
    "rates": {
        "2025-05-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-31": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-05": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint allows developers to track silver price movements over a specified period, providing valuable insights into market trends.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749085295,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint is particularly useful for businesses that need to handle multiple currencies and metals, simplifying transactions and reporting.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "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 insights into how silver prices fluctuate over time, enabling traders to make informed decisions based on market volatility.

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

{
    "success": true,
    "timestamp": 1749085295,
    "base": "USD",
    "date": "2025-06-05",
    "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 endpoint is essential for technical analysis, providing traders with the necessary data to evaluate market performance.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749085295,
    "base": "USD",
    "date": "2025-06-05",
    "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 critical information for traders, allowing them to understand the current market conditions and make informed trading decisions.

Conclusion

The Metals-API offers a robust solution for developers looking to integrate real-time silver price data into their applications. With features like the latest rates, historical data, and bid/ask prices, this API empowers businesses to make informed decisions based on accurate and timely information. By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance the trading experience and optimize operations in the precious metals market.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and usage. With the right tools at your disposal, the potential for innovation in the metals trading space is limitless.

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Retrieve Ahmedabad Silver (XAG-AHME) price data with our API