Retrieve daily Hyderabad Silver (XAG-HYDE) prices using this API

Retrieve Daily Hyderabad Silver (XAG-HYDE) Prices Using This API

In the dynamic world of precious metals, staying updated with real-time prices is crucial for investors, traders, and manufacturers alike. One of the most sought-after metals is Silver, represented by the symbol XAG. In this blog post, we will delve into the intricacies of Silver, its industrial applications, and how the Metals-API can be leveraged to retrieve daily prices, including the specific rates for Hyderabad.

About Silver (XAG)

Silver, known for its lustrous appearance and high conductivity, plays a pivotal role in various industries. Its industrial applications range from electronics to solar panels, where it is used for its excellent conductive properties. The integration of technology in manufacturing processes has led to innovative uses of Silver, such as in advanced batteries and medical devices.

The digital market analysis of Silver prices is essential for understanding market trends and making informed decisions. With the rise of smart manufacturing, the demand for real-time data on Silver prices has surged. This is where the Metals-API comes into play, providing developers with the tools to create applications that can analyze and respond to market fluctuations in real-time.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data on various metals, including Silver. This API empowers developers to build next-generation applications that can seamlessly integrate real-time metals data into their systems. The transformative potential of this API lies in its ability to deliver accurate and timely information, enabling businesses to make data-driven decisions.

With the Metals-API, developers can access a wide range of features, including the latest rates, historical data, and conversion capabilities. The API is designed with innovation in mind, allowing for easy integration into existing systems and applications. By utilizing this API, businesses can enhance their operational efficiency and responsiveness to market changes.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is crucial for traders who need to stay ahead of market movements.
• Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date, users can query the API for past rates, allowing for comprehensive market analysis.
• Bid and Ask Endpoint: This feature enables users to retrieve real-time bid and ask prices for Silver and other metals, providing insights into market liquidity and pricing strategies.
• Convert Endpoint: The API includes a currency conversion endpoint, allowing 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: Users can query the API for daily historical rates between two dates of their choice, facilitating trend analysis and forecasting.
• Fluctuation Endpoint: This endpoint provides information about how prices fluctuate on a day-to-day basis, helping users understand market volatility.
• Carat Endpoint: Retrieve information about Gold rates by Carat, which is essential for jewelers and manufacturers in the jewelry industry.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, essential for traders looking to analyze market trends.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Each user is assigned a unique API key, which is required to access the API's functionalities securely.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API comes with 14 endpoints, each providing distinct functionalities tailored to user needs.
• Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the latest symbols and their specifications.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

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.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Here are some examples of how the API responds to different requests:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
"success": true,
"timestamp": 1766102871,
"base": "USD",
"date": "2025-12-19",
"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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
"success": true,
"timestamp": 1766016471,
"base": "USD",
"date": "2025-12-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
"success": true,
"timeseries": true,
"start_date": "2025-12-12",
"end_date": "2025-12-19",
"base": "USD",
"rates": {
"2025-12-12": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-14": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-19": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

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": 1766102871,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-12",
"end_date": "2025-12-19",
"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) Endpoint

Get OHLC data for a specific time period:

{
"success": true,
"timestamp": 1766102871,
"base": "USD",
"date": "2025-12-19",
"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

Get current bid and ask prices for metals:

{
"success": true,
"timestamp": 1766102871,
"base": "USD",
"date": "2025-12-19",
"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"
}

Conclusion

In conclusion, the Metals-API is an invaluable resource for anyone involved in the trading or manufacturing of Silver and other precious metals. By providing real-time data, historical insights, and various endpoints tailored to specific needs, this API empowers developers to create sophisticated applications that can analyze market trends and respond to fluctuations effectively. Whether you are looking to integrate real-time pricing into your trading platform or analyze historical data for market research, the Metals-API offers the tools necessary to succeed in the competitive landscape of precious metals.

For further exploration, visit the Metals-API Documentation to understand the full capabilities of the API and how to implement it in your projects. Stay ahead of the market with accurate and timely data at your fingertips!