Fetch Historical Lucknow Silver (LUCK-XAG) Prices in Multiple Currencies with this API
Fetch Historical Lucknow Silver (LUCK-XAG) Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for fetching historical silver prices (XAG) in multiple currencies. This API not only offers real-time data but also historical rates, enabling businesses to make informed decisions based on comprehensive market analysis.
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 reflectivity make it an essential component in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced the demand for silver, making it a valuable asset for investors and businesses alike.
With the rise of digital market analysis, companies can leverage real-time data to optimize their operations. For instance, manufacturers can track silver prices to manage their production costs effectively. The Metals-API Documentation provides detailed insights into how developers can utilize this data to create innovative applications that respond to market fluctuations.
API Description
The Metals-API is designed to empower developers by providing access to real-time and historical metals data. It offers a range of endpoints that cater to various business needs, from tracking the latest silver prices to analyzing historical trends. This API is a game-changer for businesses looking to integrate metals data into their applications, enabling them to build next-generation solutions that are both efficient and effective.
Key Features and Endpoints
The Metals-API comes equipped with numerous features that enhance its usability and functionality:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, this endpoint updates every 60 minutes or even more frequently. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1771892595,
"base": "USD",
"date": "2026-02-24",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815
},
"unit": "per troy ounce"
}
This data is crucial for businesses involved in trading or manufacturing, allowing them to adjust their strategies based on current market conditions.
Historical Rates Endpoint
Accessing historical rates is essential for trend analysis and forecasting. The Historical Rates Endpoint allows users to query rates dating back to 2019. For instance, a request for historical data might return:
{
"success": true,
"timestamp": 1771806195,
"base": "USD",
"date": "2026-02-23",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825
},
"unit": "per troy ounce"
}
This feature is particularly useful for financial analysts and businesses looking to understand price movements over time.
Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for silver. This information is vital for traders who need to make quick decisions based on market conditions. A typical response might look like this:
{
"success": true,
"timestamp": 1771892595,
"base": "USD",
"date": "2026-02-24",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
This endpoint allows traders to gauge market sentiment and make informed trading decisions.
Convert Endpoint
The Convert Endpoint enables users to convert amounts from one currency to another, making it easier to manage international transactions. For example, converting 1000 USD to XAG might yield:
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1771892595,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}
This feature is particularly beneficial for businesses operating in multiple currencies, allowing them to streamline their financial processes.
Time-Series Endpoint
The Time-Series Endpoint allows users to query daily historical rates between two dates. This is essential for businesses looking to analyze trends over specific periods. A response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2026-02-17",
"end_date": "2026-02-24",
"base": "USD",
"rates": {
"2026-02-17": {
"XAG": 0.03825
},
"2026-02-24": {
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint is invaluable for analysts who need to visualize price trends over time.
Fluctuation Endpoint
The Fluctuation Endpoint tracks rate fluctuations between two dates, providing insights into market volatility. A typical response might include:
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-17",
"end_date": "2026-02-24",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
This data helps businesses understand market dynamics and adjust their strategies accordingly.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. This information is crucial for traders and analysts. A response might look like this:
{
"success": true,
"timestamp": 1771892595,
"base": "USD",
"date": "2026-02-24",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint allows for comprehensive market analysis, enabling traders to make informed decisions based on historical performance.
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This is particularly useful for businesses involved in commodities trading. The data can help identify long-term trends and inform strategic decisions.
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. This resource is invaluable for developers looking to integrate specific metals data into their applications.
Conclusion
The Metals-API is an essential tool for developers and businesses looking to access accurate and real-time silver prices (XAG) in multiple currencies. With its extensive range of endpoints, including the Latest Rates, Historical Rates, and Conversion capabilities, this API empowers users to make informed decisions based on comprehensive market data. By leveraging the capabilities of the Metals-API, businesses can enhance their operational efficiency, optimize their financial strategies, and stay ahead in a competitive market.
For more detailed information, visit the Metals-API Documentation to explore the full range of features and capabilities available. Whether you are a trader, analyst, or developer, the Metals-API provides the tools you need to succeed in the dynamic world of metals trading.