Product identity
XAG/USD spot references, silver futures and broker CFDs have different contract details. Confirm the intended product and keep broker aliases separate from source identifiers so the feed does not silently combine unlike markets.
Market data · deployment planning
Silver Price API
Define the silver instrument independently from a gold integration, including currency, unit, source and precision.
Consumer checks
Validate silver-specific decimal precision, session behavior and bid/ask fields with a sample dataset. If consumers convert units or currencies, retain the conversion inputs and mark derived observations so they can be distinguished from raw source values.
Requirements to confirm
- Silver product and source
- Currency and quotation unit
- Instrument-specific precision
- Derived-price provenance
Bring the proposed instrument list, source documentation and consumer workflow to a technical discussion. The agreed integration specification defines coverage, fields, usage permissions and acceptance tests.
Integration brief
Silver Price API: what to agree before connecting
| Instrument scope | Identify the exact underlying, source identifier, quote currency and intended use. |
|---|---|
| Consumer workflow | List trading platforms, charts, risk tools and applications that need the output. |
| Delivery contract | Agree protocol, quote fields, timestamps, source status and recovery behaviour. |
| Production review | Confirm source rights, integration ownership, test evidence and commercial scope. |
Begin with a consumer and instrument inventory
For precious metals, define who consumes the prices and what each system needs to reconstruct a usable quote. An application dashboard, broker platform and historical process can require different delivery rules even when they share one normalized instrument model.
What to test
- Compare instrument definitions before combining or substituting sources.
- Exercise disconnects and confirm the status presented to each consumer.
- Review results with the source, adapter and consuming application owners.
{
"type": "quote",
"symbol": "XAUUSD",
"bid": "100.00",
"ask": "100.10",
"source_time": "2026-10-18T12:00:00.000Z",
"received_at": "2026-10-18T12:00:00.012Z",
"source_id": "example-source",
"status": "illustrative"
}Illustrative engineering example, not live prices or a published API contract. Confirm field names and delivery rules during integration.