Retrieve Silver Bid (XAG-BID) prices for analysis using this API

Retrieve Silver Bid (XAG-BID) Prices for Analysis Using This API

In today's fast-paced financial landscape, the ability to retrieve real-time data on precious metals like silver (XAG) is crucial for developers and analysts alike. The Metals-API provides a robust platform for accessing silver bid prices and other metal-related data, enabling users to conduct thorough market analysis and make informed decisions. This blog post delves into the intricacies of silver, its markets, and how the Metals-API empowers developers to harness real-time metals data for innovative applications.

About Silver (XAG)

Silver, represented by the symbol XAG, is not only a precious metal but also a critical industrial commodity. Its applications span various sectors, including electronics, solar energy, and medical devices. The demand for silver is driven by its unique properties, such as high electrical conductivity and resistance to corrosion, making it indispensable in modern technology.

As industries evolve, the integration of smart manufacturing technologies has transformed how silver is sourced, processed, and utilized. Digital market analysis tools are now essential for tracking silver prices and understanding market dynamics. The Metals-API plays a pivotal role in this transformation by providing real-time data that can be integrated into manufacturing systems, supply chain technologies, and financial applications.

API Description

The Metals-API is designed to deliver comprehensive and real-time data on various metals, including silver. This API allows developers to build next-generation applications that require up-to-date information on metal prices, historical trends, and market fluctuations. With its innovative capabilities, the Metals-API empowers users to create applications that can analyze market conditions, forecast trends, and optimize trading strategies.

The API provides a wide range of endpoints, each tailored to specific functionalities. For instance, the Latest Rates Endpoint offers real-time exchange rate data, while the Historical Rates Endpoint allows users to access past data for analysis. This flexibility makes the Metals-API an invaluable tool for developers looking to integrate metal pricing data into their applications.

Key Features and Endpoints

The Metals-API boasts several key features that enhance its usability and effectiveness:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require the most current pricing information.
• Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is crucial for trend analysis and forecasting.
• Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for silver and other metals. Understanding the bid-ask spread is vital for traders and analysts looking to make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This feature simplifies transactions and financial calculations.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, making it easier to analyze trends over time.
• Fluctuation Endpoint: Users can track how silver prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make strategic decisions.
• Carat Endpoint: This endpoint provides information about gold rates by carat, which can be useful for jewelers and investors in the gold market.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed OHLC data, which is essential for technical analysis and understanding market trends.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for extensive market research and analysis.
• API Key: Each user is assigned a unique API key, which is required to access the API's features securely.
• API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The API includes 14 endpoints, each providing distinct functionalities tailored to various user needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the most relevant data for their applications.
• News Endpoint: Users can retrieve 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 effective integration. Below are examples of various endpoints and their JSON responses:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1771719022,
"base": "USD",
"date": "2026-02-22",
"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 that the current price of silver (XAG) is 0.03815 per troy ounce, relative to USD.

Historical Rates Endpoint

{
"success": true,
"timestamp": 1771632622,
"base": "USD",
"date": "2026-02-21",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response shows the historical price of silver on a specific date, which can be used for trend analysis.

Time-series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"base": "USD",
"rates": {
"2026-02-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-22": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response provides a series of historical rates for silver over a specified time period, allowing for detailed analysis of price movements.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1771719022,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This response illustrates how to convert a specific amount from USD to silver, providing valuable information for financial transactions.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"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 have fluctuated over a specific period, which is crucial for traders looking to capitalize on market movements.

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

{
"success": true,
"timestamp": 1771719022,
"base": "USD",
"date": "2026-02-22",
"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 essential data for technical analysis, allowing traders to assess market performance over a specific period.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1771719022,
"base": "USD",
"date": "2026-02-22",
"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 is essential for traders looking to make quick decisions based on market conditions.

Conclusion

The Metals-API is a powerful tool for developers and analysts seeking to retrieve silver bid prices and other metal-related data. With its extensive range of endpoints and real-time capabilities, the API enables users to conduct thorough market analysis, track price fluctuations, and make informed trading decisions. By integrating the Metals-API into their applications, developers can leverage the transformative potential of real-time metals data to create innovative solutions that meet the demands of today's financial landscape.

For more information on how to utilize the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols page for a comprehensive list of available metal symbols. The Metals-API Website is your gateway to accessing real-time data and building next-generation applications that harness the power of precious metals.