The Easiest Way to Get Chennai Silver (XAG-CHEN) Historical Rates Using API
The Easiest Way to Get Chennai Silver (XAG-CHEN) Historical Rates Using API
In today's fast-paced financial landscape, having access to real-time and historical data is crucial for making informed decisions. For those interested in the silver market, particularly the Chennai Silver (XAG-CHEN), the Metals-API offers a robust solution for retrieving historical prices and other valuable data. This blog post will guide you through the process of obtaining historical prices for silver using the Metals-API, including example endpoints, parameters, and data formats.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it plays a vital role in various industrial applications. From electronics to solar panels, silver's conductivity and reflective properties make it indispensable in modern technology. As industries evolve, the demand for silver continues to grow, driven by innovation and technological advancements.
Moreover, the digital market analysis of silver prices has become increasingly sophisticated. With the integration of smart manufacturing and supply chain technology, businesses can now track silver prices in real-time, allowing for better inventory management and cost control. The Metals-API empowers developers to build applications that leverage this data, providing insights that can transform how businesses operate in the silver market.
API Description
The Metals-API is a powerful tool that provides real-time and historical data for various metals, including silver. It allows developers to access a wide range of functionalities through its API endpoints, enabling the creation of next-generation applications that can analyze and visualize metal prices effectively. With the ability to retrieve data in JSON format, integrating this API into your applications is straightforward.
For more information, visit the Metals-API Website or check out the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers several endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated at intervals ranging from every 10 minutes to every hour. This is essential for traders who need the most current prices.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. You can query the API by appending a specific date to retrieve past prices, which is invaluable for trend analysis.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver, helping traders make informed decisions based on market conditions.
- Convert Endpoint: Easily convert any amount of silver to another metal or currency, facilitating transactions across different markets.
- Time-Series Endpoint: Query the API for daily historical rates between two dates, allowing for comprehensive analysis over time.
- Fluctuation Endpoint: Track how silver prices fluctuate over specific periods, providing insights into market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve detailed OHLC data for silver, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for long-term market analysis.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: All exchange rates are delivered relative to USD by default, making it easy to understand the value of silver in a familiar context.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring you have the latest information.
- News Endpoint: Stay updated with the latest news articles related to silver and other metals, which can impact market trends.
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
Latest Rates Endpoint
To get real-time exchange rates for silver, you can use the following endpoint:
GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY&base=USD&symbols=XAG
Example response:
{
"success": true,
"timestamp": 1768241295,
"base": "USD",
"date": "2026-01-12",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
To access historical exchange rates for silver, use the following endpoint:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2026-01-11&symbols=XAG
Example response:
{
"success": true,
"timestamp": 1768154895,
"base": "USD",
"date": "2026-01-11",
"rates": {
"XAG": 0.03825
},
"unit": "per troy ounce"
}
Time-series Endpoint
To get exchange rates for a specific time period, utilize the time-series endpoint:
GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2026-01-05&end_date=2026-01-12&base=USD&symbols=XAG
Example response:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"base": "USD",
"rates": {
"2026-01-05": {
"XAG": 0.03825
},
"2026-01-12": {
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
To convert any amount of silver to another metal or currency, use the convert endpoint:
GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=XAG&to=USD&amount=100
Example response:
{
"success": true,
"query": {
"from": "XAG",
"to": "USD",
"amount": 100
},
"info": {
"timestamp": 1768241295,
"rate": 0.03815
},
"result": 3.815,
"unit": "USD"
}
Fluctuation Endpoint
To track rate fluctuations between two dates, use the fluctuation endpoint:
GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2026-01-05&end_date=2026-01-12&base=USD&symbols=XAG
Example response:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-05",
"end_date": "2026-01-12",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
To get OHLC data for a specific time period, use the following endpoint:
GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2026-01-12&symbols=XAG
Example response:
{
"success": true,
"timestamp": 1768241295,
"base": "USD",
"date": "2026-01-12",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
To get current bid and ask prices for silver, use the bid/ask endpoint:
GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY&symbols=XAG
Example response:
{
"success": true,
"timestamp": 1768241295,
"base": "USD",
"date": "2026-01-12",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing historical rates for Chennai Silver (XAG-CHEN) has never been easier with the Metals-API. By utilizing the various endpoints available, developers can create applications that provide real-time insights and historical analysis of silver prices. Whether you are a trader looking to make informed decisions or a developer building a financial application, the Metals-API offers the tools you need to succeed.
For further exploration, refer to the Metals-API Documentation for detailed information on each endpoint and its capabilities. Additionally, keep an eye on the Metals-API Supported Symbols page for updates on available metal symbols.
In summary, the Metals-API not only simplifies the process of retrieving silver prices but also empowers developers to innovate and create applications that can analyze and visualize market trends effectively. Embrace the potential of real-time metals data and transform your approach to the silver market today!