Fetch historical data for Hyderabad Silver (HYDE-XAG) prices using this API
Introduction
In the world of precious metals trading, having access to accurate and timely data is crucial for making informed decisions. This is particularly true for Hyderabad Silver (HYDE-XAG) prices, where fluctuations can significantly impact investments. The Metals-API provides a powerful solution for developers looking to fetch historical data and real-time prices for silver and other metals. This blog post will explore the capabilities of the Metals-API, focusing on its features, endpoints, and how it can empower developers to create innovative applications in the metals market.
Metals-API Information
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a valuable investment but also a critical component in various industrial applications. Its unique properties make it an essential material in electronics, solar panels, and medical devices. As technology advances, the demand for silver in manufacturing processes has surged, leading to innovations in smart manufacturing and supply chain technology.
The digital market analysis of silver prices is vital for investors and manufacturers alike. With the integration of smart manufacturing technologies, companies can optimize their production processes and reduce costs. The Metals-API plays a crucial role in this ecosystem by providing real-time data that can be leveraged for market analysis and decision-making.
API Description
The Metals-API is designed to deliver real-time and historical data for various metals, including silver, gold, platinum, and palladium. Its capabilities extend beyond mere price retrieval; it empowers developers to build next-generation applications that can analyze market trends, forecast prices, and optimize trading strategies. The API's innovative design allows for seamless integration into existing systems, making it a valuable tool for businesses in the metals industry.
For detailed information on how to implement the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on using the API effectively.
Key Features and Endpoints
The Metals-API offers a range of endpoints that cater to different needs within the metals market. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated at intervals depending on the subscription plan. This feature is essential for traders who need to make quick decisions based on the most current market data. The response includes the latest rates for various metals, allowing users to track price movements effectively.
{
"success": true,
"timestamp": 1764464533,
"base": "USD",
"date": "2025-11-30",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is crucial for analyzing market trends over time. The Historical Rates Endpoint allows users to query historical data dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, enabling them to conduct thorough market analyses.
{
"success": true,
"timestamp": 1764378133,
"base": "USD",
"date": "2025-11-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices. This feature allows users to gauge market sentiment and make informed trading decisions.
{
"success": true,
"timestamp": 1764464533,
"base": "USD",
"date": "2025-11-30",
"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"
}
Convert Endpoint
The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This feature 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": 1764464533,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query daily historical rates between two specified dates. This feature is invaluable for conducting in-depth analyses of price movements over time, helping traders identify patterns and make predictions.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-23",
"end_date": "2025-11-30",
"base": "USD",
"rates": {
"2025-11-23": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-11-30": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how metal prices fluctuate over a specified period. This data is crucial for traders looking to understand market volatility and make strategic decisions based on price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-23",
"end_date": "2025-11-30",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides essential data for traders looking to analyze market trends. By retrieving the open, high, low, and close prices for a specific time period, users can gain insights into market behavior and make informed trading decisions.
{
"success": true,
"timestamp": 1764464533,
"base": "USD",
"date": "2025-11-30",
"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"
}
Historical LME Endpoint
The Historical LME Endpoint allows users to access historical rates for LME symbols dating back to 2008. This feature is particularly useful for traders and analysts who need to study long-term trends in the metals market.
{
"success": true,
"timestamp": 1764378133,
"base": "USD",
"date": "2025-11-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
API Key and Authentication
To access the Metals-API, developers must use an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures secure access to the API and helps manage usage limits based on subscription plans.
API Response
The Metals-API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications. Understanding the structure of the API response is crucial for effective integration.
Available Endpoints
The Metals-API offers a total of 14 endpoints, each providing different functionalities. Developers can explore the full range of capabilities by visiting the Metals-API Supported Symbols page, which lists all available currencies and metals.
Conclusion
The Metals-API is an invaluable resource for developers looking to access real-time and historical data for metals like silver. With its comprehensive range of endpoints, the API empowers users to build innovative applications that can analyze market trends, optimize trading strategies, and enhance decision-making processes. By leveraging the capabilities of the Metals-API, developers can stay ahead in the competitive metals market.
For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. Whether you're a seasoned trader or a developer looking to create cutting-edge applications, the Metals-API provides the tools you need to succeed in the dynamic world of metals trading.