Query Delhi Silver (XAG-DELH) prices via this API

Query Delhi Silver (XAG-DELH) Prices via this API

In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and businesses alike. This blog post delves into the intricacies of querying Silver prices, specifically the Delhi Silver (XAG-DELH) prices, using the powerful Metals-API. We will explore the significance of Silver in various markets, its industrial applications, and how the Metals-API can transform the way developers interact with metals data.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it plays a vital role in numerous industrial applications. From electronics to solar panels, Silver's conductivity and reflective properties make it indispensable in modern technology. The innovation surrounding Silver extends to smart manufacturing, where its integration into supply chains is optimized through advanced technologies.

In the digital market analysis realm, Silver prices are influenced by various factors, including geopolitical events, economic indicators, and market demand. Understanding these dynamics is essential for developers looking to create applications that provide real-time insights into Silver pricing.

Metals-API Overview

The Metals-API is a robust platform that offers developers access to real-time and historical data on various metals, including Silver. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. The transformative potential of real-time metals data cannot be overstated, as it enables businesses to make informed decisions based on the latest market conditions.

Key Features of Metals-API

The Metals-API provides a suite of features that cater to the diverse needs of developers. Here are some of the key endpoints and their functionalities:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
• Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past Silver prices, which is invaluable for trend analysis and forecasting.
• Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time Bid and Ask prices for Silver and other metals, providing insights into market liquidity and pricing strategies.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is ideal for analyzing trends over specific periods.
• Fluctuation Endpoint: Retrieve information about how Silver prices fluctuate on a day-to-day basis. This endpoint helps in understanding market volatility and making informed trading decisions.
• Carat Endpoint: This feature allows you to retrieve information about Gold rates by Carat, which can be useful for applications focused on jewelry and precious metals.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of Silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for Silver, which are critical for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which can be beneficial for comprehensive market studies.
• API Key: Your unique API Key is essential for accessing the Metals-API, ensuring secure and authorized usage.
• API Response: Exchange rates delivered by the Metals-API are by default relative to USD, providing a consistent basis for comparison.
• Available Endpoints: The API comes with numerous endpoints, each providing different functionalities tailored to various needs.
• Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring you have the latest information at your fingertips.
• Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which can complement your Silver pricing applications.
• News Endpoint: Stay updated with the latest news articles related to various metals, helping you understand market sentiment and trends.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1754438825,
    "base": "USD",
    "date": "2025-08-06",
    "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"
}

The response includes a success flag, timestamp, base currency, date, and rates for various metals, including Silver (XAG).

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1754352425,
    "base": "USD",
    "date": "2025-08-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical data, which is essential for analyzing trends over time.

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-07-30",
    "end_date": "2025-08-06",
    "base": "USD",
    "rates": {
        "2025-07-30": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-08-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-08-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint allows for a detailed analysis of price movements over a specified period, which is crucial for traders and analysts.

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1754438825,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response shows how much 1000 USD is in terms of Gold (XAU), providing a straightforward conversion mechanism.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-30",
    "end_date": "2025-08-06",
    "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"
}

This endpoint provides insights into how Silver prices have changed over a specific period, which is crucial for traders looking to capitalize on market movements.

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1754438825,
    "base": "USD",
    "date": "2025-08-06",
    "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"
}

This data is essential for technical analysis, allowing traders to make informed decisions based on market behavior.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1754438825,
    "base": "USD",
    "date": "2025-08-06",
    "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"
}

This endpoint provides crucial information for traders, allowing them to understand market dynamics and make informed trading decisions.

Conclusion

In conclusion, querying Delhi Silver (XAG-DELH) prices via the Metals-API opens up a world of possibilities for developers and businesses. The API's extensive features, including real-time data, historical rates, and various endpoints, empower users to create sophisticated applications that can analyze market trends and make informed decisions. By leveraging the capabilities of the Metals-API, developers can stay ahead in the competitive landscape of precious metals trading.

For more information on how to utilize the Metals-API effectively, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The Metals-API Website serves as a valuable resource for developers looking to enhance their applications with real-time metals data.