How to retrieve Surat Silver (SURA-XAG) prices with this API
Introduction
In the ever-evolving landscape of financial technology, the ability to retrieve real-time data on precious metals like Silver (XAG) has become crucial for developers and businesses alike. The Metals-API provides a robust solution for accessing the latest prices, historical data, and various other metrics related to Silver and other metals. This blog post will delve into the intricacies of the Metals-API, focusing on how to effectively retrieve Silver prices and the innovative features that empower developers to create next-generation applications.
Metals-API Information
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a vital component in various industrial applications. Its unique properties make it indispensable in sectors such as electronics, solar energy, and medical technologies. The integration of technology in manufacturing processes has led to innovative uses of Silver, enhancing its demand and market value.
In the digital age, market analysis has become more sophisticated, with data-driven insights guiding investment decisions. The rise of smart manufacturing has further integrated Silver into supply chains, where its value fluctuates based on market dynamics. Understanding these fluctuations is essential for developers looking to leverage real-time data for applications in trading, investment analysis, and industrial forecasting.
API Description
The Metals-API is designed to provide developers with seamless access to real-time and historical data on various metals, including Silver. This API stands out due to its focus on innovation and technological advancement, allowing users to build applications that can analyze market trends, perform currency conversions, and track price fluctuations with ease.
By utilizing the Metals-API Documentation, developers can explore the extensive capabilities of the API, including endpoints for retrieving the latest rates, historical data, and more. The API's transformative potential lies in its ability to deliver real-time metals data, enabling businesses to make informed decisions based on the most current market conditions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs, each providing unique functionalities that can be integrated into applications. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint is a cornerstone of the Metals-API, providing 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 instance, a typical response might look like this:
{
"success": true,
"timestamp": 1762664450,
"base": "USD",
"date": "2025-11-09",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates the current price of Silver in relation to USD, allowing developers to display real-time pricing in their applications.
Historical Rates Endpoint
For applications that require historical data, the Historical Rates endpoint provides access to exchange rates dating back to 2019. By appending a specific date to the API call, developers can retrieve past prices, which is invaluable for trend analysis and forecasting. An example response might look like this:
{
"success": true,
"timestamp": 1762578050,
"base": "USD",
"date": "2025-11-08",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This data can be used to analyze price movements over time, helping businesses make strategic decisions based on historical trends.
Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that allows developers to retrieve real-time bid and ask prices for Silver. This information is crucial for traders who need to understand market liquidity and pricing dynamics. A typical response might look like this:
{
"success": true,
"timestamp": 1762664450,
"base": "USD",
"date": "2025-11-09",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Understanding the bid-ask spread can help traders optimize their buying and selling strategies.
Convert Endpoint
The Convert endpoint allows users to convert amounts between different metals or to/from USD. This is particularly useful for applications that require currency conversion for pricing or trading. An example response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1762664450,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}
This endpoint simplifies the process of converting values, making it easier for developers to integrate into their applications.
Time-Series Endpoint
The Time-Series endpoint allows developers to query the API for daily historical rates between two specified dates. This is particularly useful for analyzing trends over specific periods. A typical response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-02",
"end_date": "2025-11-09",
"base": "USD",
"rates": {
"2025-11-02": {
"XAG": 0.03825
},
"2025-11-09": {
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This data can be instrumental in identifying patterns and making predictions based on historical performance.
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how prices fluctuate over a specified period. This is essential for understanding market volatility. An example response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-02",
"end_date": "2025-11-09",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
This endpoint helps traders and analysts gauge the stability of Silver prices over time.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price endpoint provides comprehensive data on the open, high, low, and close prices for a specific time period. This information is crucial for technical analysis and trading strategies. A typical response might look like this:
{
"success": true,
"timestamp": 1762664450,
"base": "USD",
"date": "2025-11-09",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
This data is essential for traders looking to make informed decisions based on market movements.
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 trading and investment. An example response might look like this:
{
"success": true,
"timestamp": 1762578050,
"base": "USD",
"date": "2025-11-08",
"rates": {
"XAG": 0.03825
},
"unit": "per troy ounce"
}
This endpoint allows for a deeper analysis of market trends over an extended period.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols, including Silver (XAG), Gold (XAU), Platinum (XPT), and Palladium (XPD). 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 understand the full capabilities of the API.
Conclusion
The Metals-API is a powerful tool for developers seeking to integrate real-time and historical data on Silver and other metals into their applications. With features like the Latest Rates, Historical Rates, and various conversion endpoints, it provides a comprehensive solution for market analysis and trading strategies. By leveraging the capabilities of the Metals-API, developers can create innovative applications that respond to market dynamics and empower users with actionable insights.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation and best practices.