How to Get Delhi Silver (DELH-XAG) Historical Prices with Ease using this API
How to Get Delhi Silver (DELH-XAG) Historical Prices with Ease using this API
In today's fast-paced financial landscape, having access to real-time and historical data is crucial for making informed decisions, especially in the metals market. One of the most sought-after metals is silver, represented by the symbol XAG. This blog post will guide you through the process of obtaining historical prices for Delhi Silver (DELH-XAG) using the Metals-API. We will explore the capabilities of this powerful API, its endpoints, and how it can empower developers to create innovative applications that leverage real-time metals data.
About Silver (XAG)
Silver, known by its chemical symbol Ag, is a precious metal that has been valued for centuries. Its industrial applications are vast, ranging from electronics to solar panels, and its role in jewelry and investment makes it a significant player in the global market. The demand for silver is driven not only by its aesthetic appeal but also by its unique properties that make it indispensable in various technological innovations.
In recent years, the integration of technology in manufacturing has transformed how silver is sourced, processed, and traded. Smart manufacturing techniques, such as automation and data analytics, have enhanced efficiency and reduced waste in the silver supply chain. Furthermore, digital market analysis tools have emerged, allowing traders and investors to make data-driven decisions based on real-time market trends.
Metals-API Overview
The Metals-API is a comprehensive solution for accessing real-time and historical metals data. It provides developers with the tools needed to build next-generation applications that require accurate and timely information on various metals, including silver. The API supports a wide range of functionalities, making it a versatile choice for developers looking to integrate metals data into their applications.
With the Metals-API, you can access various endpoints that provide real-time exchange rates, historical data, and even conversion capabilities. This API is designed to be user-friendly, allowing developers to easily implement it into their projects without extensive overhead.
Key Features of Metals-API
The Metals-API offers a variety of endpoints, each designed to cater to specific needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated at intervals depending on your subscription plan. You can retrieve the latest rates for silver and other metals with ease.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to your query, you can obtain past prices and analyze trends over time.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: Easily convert amounts between different metals or to/from USD. This is particularly useful for traders who need to calculate values quickly.
- Time-Series Endpoint: Query the API for daily historical rates between two specified dates, enabling you to analyze price movements over time.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis, helping you understand market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, useful for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: Get the lowest and highest prices for silver over a specified period, allowing for better investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for silver, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a broader context for market analysis.
- API Key: Each user is assigned a unique API key, which is required for authentication and access to the API's features.
- API Response: The API delivers exchange rates relative to USD, ensuring consistency in data presentation.
- Available Endpoints: The Metals-API includes 14 endpoints, each offering distinct functionalities tailored to various user needs.
- News Endpoint: Retrieve the latest news articles related to metals, keeping you informed about market developments.
Understanding API Responses
When you make a request to the Metals-API, you will receive a JSON response containing various fields. Understanding these fields is crucial for effectively utilizing the API. Here are some common response fields:
- success: Indicates whether the API request was successful.
- timestamp: The time at which the data was retrieved.
- base: The base currency for the exchange rates.
- date: The date for which the rates are applicable.
- rates: An object containing the exchange rates for various metals.
- unit: The unit of measurement for the rates, typically per troy ounce.
Example API Responses
To illustrate how the Metals-API works, here are some example responses for different endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1761710433,
"base": "USD",
"date": "2025-10-29",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1761624033,
"base": "USD",
"date": "2025-10-28",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-22",
"end_date": "2025-10-29",
"base": "USD",
"rates": {
"2025-10-22": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-24": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-29": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761710433,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-22",
"end_date": "2025-10-29",
"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"
}
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1761710433,
"base": "USD",
"date": "2025-10-29",
"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
{
"success": true,
"timestamp": 1761710433,
"base": "USD",
"date": "2025-10-29",
"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"
}
Common Use Cases for Metals-API
The versatility of the Metals-API opens up numerous possibilities for developers and businesses. Here are some common use cases:
- Investment Analysis: Investors can use historical price data to analyze trends and make informed decisions about buying or selling silver.
- Market Research: Researchers can utilize the API to gather data for academic studies or market reports, providing insights into silver price movements.
- Trading Platforms: Developers can integrate the API into trading platforms to provide users with real-time data and analytics, enhancing the trading experience.
- Financial Applications: Financial institutions can leverage the API to offer clients accurate pricing information and historical data for various metals.
Performance Optimization and Security Considerations
When integrating the Metals-API into your applications, it's essential to consider performance optimization and security best practices. Here are some strategies:
- Rate Limiting: Be mindful of the API's rate limits to avoid throttling. Implement caching strategies to minimize redundant requests.
- Error Handling: Implement robust error handling to manage API response errors gracefully. This includes retry mechanisms for transient errors.
- Data Validation: Ensure that all data received from the API is validated and sanitized before use to prevent security vulnerabilities.
- Secure API Key Management: Keep your API key secure and avoid exposing it in client-side code. Use environment variables or secure vaults for storage.
Conclusion
In conclusion, the Metals-API is a powerful tool for accessing real-time and historical prices for silver and other metals. By leveraging its various endpoints, developers can create innovative applications that provide valuable insights into the metals market. Whether you are an investor, researcher, or developer, understanding how to utilize the Metals-API effectively can enhance your decision-making process and improve your applications.
For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Embrace the power of real-time metals data and take your applications to the next level!