A Practical Guide to Get Pune Silver (PUNE-XAG) Historical Prices via API
In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount. One of the most sought-after commodities is silver, represented by the symbol XAG. This blog post serves as a practical guide to obtaining historical prices for Pune Silver (PUNE-XAG) through the Metals-API. We will explore the capabilities of the Metals-API, delve into the significance of silver in various industries, and provide detailed insights into how developers can leverage this powerful tool to access real-time and historical data.
About Silver (XAG)
Silver, known for its lustrous appearance and remarkable conductivity, plays a crucial role in various industrial applications. From electronics to solar panels, silver's versatility makes it an essential component in modern technology. The integration of smart manufacturing and supply chain technology has further amplified the demand for silver, as industries seek to innovate and enhance efficiency.
In the digital marketplace, silver is not just a precious metal; it is a financial asset that investors closely monitor. The rise of digital trading platforms has made it easier for individuals and institutions to invest in silver, leading to increased market analysis and price tracking. Understanding the historical prices of silver is vital for making informed investment decisions, and this is where the Metals-API comes into play.
Metals-API Overview
The Metals-API is a robust tool designed to provide developers with real-time and historical data on various metals, including silver. This API empowers users to build next-generation applications that require accurate metals pricing data. With a focus on innovation and technological advancement, the Metals-API offers a suite of features that cater to the diverse needs of developers.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on the subscription plan, users can access the latest rates updated every 60 minutes or even every 10 minutes. This capability is crucial for traders and investors who need to stay informed about market fluctuations.
Key Features of Metals-API
The Metals-API boasts a variety of endpoints, each serving a unique purpose. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for metals, allowing users to stay updated on current market conditions.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019, enabling them to analyze price trends over time.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices, which are essential for making trading decisions.
- Convert Endpoint: The conversion endpoint enables users to convert amounts between different metals or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates, providing insights into price movements over specific periods.
- Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, which is vital for understanding market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: This feature provides detailed price data, including open, high, low, and close prices for specific time periods.
- Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for a given date, which is useful for identifying market extremes.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008, allowing for comprehensive market analysis.
- News Endpoint: The API also includes a news feature that retrieves the latest articles related to various metals, keeping users informed about market developments.
Understanding API Responses
When interacting with the Metals-API, understanding the structure of API responses is crucial for effective data utilization. Here are some examples of typical responses from various endpoints:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. Here’s an example response:
{
"success": true,
"timestamp": 1770423333,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
In this response, the success field indicates whether the request was successful. The timestamp provides the time of the data retrieval, while the base indicates the currency against which the rates are quoted. The rates object contains the exchange rates for various metals, including silver (XAG).
Historical Rates Endpoint
Accessing historical exchange rates is essential for trend analysis. Here’s an example response from the Historical Rates Endpoint:
{
"success": true,
"timestamp": 1770336933,
"base": "USD",
"date": "2026-02-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This response provides historical rates for a specific date, allowing users to analyze past market conditions.
Time-Series Endpoint
The Time-Series Endpoint allows users to retrieve exchange rates for a specific period. Here’s an example response:
{
"success": true,
"timeseries": true,
"start_date": "2026-01-31",
"end_date": "2026-02-07",
"base": "USD",
"rates": {
"2026-01-31": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-02-02": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2026-02-07": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This response provides daily rates for the specified period, enabling users to visualize trends and fluctuations in silver prices.
Convert Endpoint
The Convert Endpoint allows users to convert amounts between different metals or to/from USD. Here’s an example response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1770423333,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows the conversion of 1000 USD to gold (XAU), providing the conversion rate and the resulting amount in troy ounces.
Fluctuation Endpoint
The Fluctuation Endpoint tracks rate fluctuations between two dates. Here’s an example response:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-31",
"end_date": "2026-02-07",
"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
}
},
"unit": "per troy ounce"
}
This response provides insights into how silver prices have changed over the specified period, including the percentage change.
OHLC (Open/High/Low/Close) Price Endpoint
The OHLC Price Endpoint provides detailed price data for a specific time period. Here’s an example response:
{
"success": true,
"timestamp": 1770423333,
"base": "USD",
"date": "2026-02-07",
"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
}
},
"unit": "per troy ounce"
}
This response provides a comprehensive view of the price movements for silver, including the opening, highest, lowest, and closing prices for the specified date.
Bid/Ask Endpoint
The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:
{
"success": true,
"timestamp": 1770423333,
"base": "USD",
"date": "2026-02-07",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
This response provides the current bid and ask prices for silver, which are essential for traders looking to make informed decisions.
Practical Use Cases and Integration Strategies
Developers can leverage the Metals-API in various ways to enhance their applications. Here are some practical use cases:
- Investment Platforms: Integrate the Metals-API into investment platforms to provide users with real-time and historical data on silver prices, enabling informed trading decisions.
- Market Analysis Tools: Build market analysis tools that utilize the historical rates and fluctuation data to help users identify trends and make predictions.
- Financial Applications: Incorporate the API into financial applications that require accurate metals pricing for portfolio management and risk assessment.
- Educational Platforms: Use the API to create educational resources that teach users about the dynamics of the silver market and how to analyze price movements.
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers seeking to access real-time and historical prices for silver (XAG) and other metals. By understanding the various endpoints and their functionalities, developers can build powerful applications that cater to the needs of investors and traders. The integration of advanced technologies and data analytics into the metals market is transforming how we interact with precious metals, making it essential for developers to stay informed and leverage these tools effectively.
For more information on the capabilities of the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Additionally, check the Metals-API Supported Symbols page for a comprehensive list of available metal symbols.