Fetch Guwahati Silver (GUWA-XAG) Historical Prices through this API
Introduction
In the ever-evolving landscape of financial markets, the demand for real-time data and historical insights has never been greater. One of the most sought-after commodities in this realm is silver, represented by the symbol XAG. Understanding the historical prices of silver is crucial for investors, traders, and analysts alike. This blog post will delve into how to fetch Guwahati Silver (GUWA-XAG) historical prices through the Metals-API, a powerful tool that provides comprehensive data on various metals, including silver.
About Silver (XAG)
Silver, known for its lustrous appearance and unique properties, has been a valuable asset for centuries. Its industrial applications have expanded significantly, particularly in electronics, solar energy, and medical technologies. Innovations in manufacturing processes have further enhanced the demand for silver, making it a critical component in smart manufacturing integration.
The digital market analysis of silver reveals its volatility and the factors influencing its price. With the rise of supply chain technology, tracking silver prices has become more efficient, allowing stakeholders to make informed decisions based on real-time data. The integration of technology in the silver market is transforming how investors approach this precious metal.
Industrial Applications and Innovation
Silver's industrial applications are vast. It is used in photovoltaic cells for solar panels, in electronics for its excellent conductivity, and in medical devices for its antibacterial properties. The innovation in these sectors drives the demand for silver, making it essential for manufacturers to stay updated on price fluctuations.
Technology in Manufacturing
Modern manufacturing technologies, such as automation and AI, have streamlined the production processes involving silver. These advancements not only enhance efficiency but also reduce costs, impacting the overall pricing of silver in the market. Understanding these dynamics is crucial for anyone involved in the silver trade.
Digital Market Analysis
The digital landscape has transformed how investors analyze silver prices. With tools like the Metals-API, users can access real-time data, historical trends, and market forecasts. This level of analysis empowers traders to make strategic decisions based on comprehensive data, ultimately influencing their investment strategies.
Smart Manufacturing Integration
Smart manufacturing integrates IoT and data analytics to optimize production processes. In the context of silver, this means that manufacturers can better predict demand and adjust their operations accordingly. By leveraging real-time data from APIs like Metals-API, businesses can enhance their supply chain management and reduce waste.
Supply Chain Technology
Supply chain technology plays a pivotal role in the silver market. With the ability to track prices and availability in real-time, stakeholders can make informed decisions about purchasing and inventory management. The Metals-API provides essential data that can be integrated into supply chain systems, ensuring that businesses remain competitive.
API Description
The Metals-API is a powerful tool designed for developers and businesses seeking to access real-time and historical data on various metals, including silver. This API is built to empower developers to create next-generation applications that require accurate and timely metals data.
With the Metals-API, users can access a wide range of features, including:
- Latest Rates Endpoint: Provides real-time exchange rate data updated based on your subscription plan, allowing users to stay informed about current market conditions.
- Historical Rates Endpoint: Offers historical rates dating back to 2019, enabling users to analyze trends and make informed decisions based on past performance.
- Bid and Ask Endpoint: Retrieves real-time bid and ask prices, essential for traders looking to execute transactions at optimal prices.
- Convert Endpoint: Allows users to convert amounts between different metals and currencies, facilitating seamless transactions.
- Time-Series Endpoint: Enables users to query daily historical rates between two dates, providing insights into price movements over time.
- Fluctuation Endpoint: Tracks how prices fluctuate on a day-to-day basis, helping users understand market volatility.
- Carat Endpoint: Provides information about gold rates by carat, useful for jewelers and investors alike.
- Lowest/Highest Price Endpoint: Allows users to query for the lowest and highest prices within a specified timeframe, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Offers detailed price data for specific periods, essential for technical analysis.
- Historical LME Endpoint: Accesses historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: A unique key required for accessing the API, ensuring secure and authorized usage.
- API Response: All exchange rates are delivered relative to USD, ensuring consistency in data interpretation.
- Available Endpoints: The API features 14 endpoints, each designed to provide specific functionalities.
- Supported Symbols Endpoint: Returns a constantly updated list of all available currencies and metals.
- News Endpoint: Retrieves the latest news articles related to various metals, keeping users informed about market developments.
Key Features and Endpoints
The Metals-API offers a comprehensive suite of features that cater to the needs of developers and businesses. Below, we explore some of the key endpoints and their functionalities.
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. Depending on your subscription plan, this endpoint updates data every 60 minutes or every 10 minutes. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1764597656,
"base": "USD",
"date": "2025-12-01",
"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"
}
Historical Rates Endpoint
Accessing historical rates is vital for analyzing trends and making predictions. The Historical Rates Endpoint allows users to retrieve historical exchange rates for any date since 1999. This feature is particularly useful for long-term investors looking to understand price movements over time.
{
"success": true,
"timestamp": 1764511256,
"base": "USD",
"date": "2025-11-30",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for conducting thorough market analysis and understanding price trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-24",
"end_date": "2025-12-01",
"base": "USD",
"rates": {
"2025-11-24": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-26": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-01": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint is a valuable feature that allows users to convert any amount from one metal to another or to/from USD. This functionality is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764597656,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. This feature is crucial for traders looking to understand market volatility and make informed decisions based on price movements.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-24",
"end_date": "2025-12-01",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides detailed price data for a specific time period, including the opening, highest, lowest, and closing prices. This information is essential for technical analysis and understanding market trends.
{
"success": true,
"timestamp": 1764597656,
"base": "USD",
"date": "2025-12-01",
"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"
}
Bid/Ask Endpoint
The Bid/Ask Endpoint retrieves current bid and ask prices for metals, providing traders with essential information for executing transactions. This feature is vital for those looking to capitalize on market movements.
{
"success": true,
"timestamp": 1764597656,
"base": "USD",
"date": "2025-12-01",
"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"
}
Conclusion
In conclusion, the Metals-API offers a robust solution for accessing historical prices and real-time data for silver (XAG) and other metals. By leveraging this API, developers can create applications that provide valuable insights into market trends, enabling users to make informed decisions. The comprehensive features, including the Latest Rates, Historical Rates, and various conversion endpoints, empower businesses to stay ahead in the competitive metals market.
For more detailed information on how to implement these features, refer to the Metals-API Documentation. Additionally, you can explore the Metals-API Supported Symbols to understand the full range of available data. By integrating these tools into your workflow, you can enhance your market analysis and trading strategies, ultimately leading to better investment outcomes.