Retrieve Hyderabad Silver (HYDE-XAG) Historical Prices through this API
Retrieve Hyderabad Silver (HYDE-XAG) Historical Prices through this API
In the ever-evolving landscape of precious metals trading, the ability to access historical prices is crucial for investors, analysts, and developers alike. One of the most sought-after metals is silver, represented by the symbol XAG. With the rise of digital currencies and the increasing importance of real-time data, the need for a robust API to retrieve historical prices has never been more pressing. This blog post will delve into how to effectively use the Metals-API to access historical prices for silver, explore its industrial applications, and discuss the technological advancements that are shaping the future of metal trading.
About Silver (XAG)
Silver, known by its chemical symbol XAG, is not just a precious metal; it is a vital component in various industrial applications. From electronics to solar panels, silver's unique properties make it indispensable in modern technology. The integration of smart manufacturing and supply chain technology has further enhanced silver's role in the industry. As industries innovate, the demand for silver continues to grow, leading to fluctuations in its market price.
In the digital age, market analysis tools have become essential for understanding price movements. The ability to analyze historical data allows investors to make informed decisions. With the Metals-API Documentation, developers can access a wealth of information about silver prices, enabling them to build applications that provide real-time insights into market trends.
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 create next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. By leveraging the transformative potential of real-time metals data, businesses can enhance their decision-making processes and optimize their trading strategies.
With a user-friendly interface and comprehensive documentation, the Metals-API allows developers to access a wide range of endpoints tailored to their needs. Whether you are looking to retrieve the latest rates, historical prices, or perform conversions, the Metals-API has you covered. The API's capabilities extend beyond mere data retrieval; it offers insights that can drive innovation in the metals market.
Key Features and Endpoints
The Metals-API offers several key features that cater to the diverse needs of developers and traders. Here are some of the most notable endpoints:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or even every 10 minutes. This feature is essential for traders who need to stay informed about market changes.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to your query, you can retrieve past prices, allowing for comprehensive market analysis and trend identification.
- Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time bid and ask prices for silver. Understanding the spread between these prices is crucial for making informed trading decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing you to convert amounts between different metals or to/from USD. This feature is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing trends over specific time frames.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make strategic decisions.
- Carat Endpoint: Retrieve information about gold rates by carat. This feature is essential for jewelers and traders dealing in gold.
- Lowest/Highest Price Endpoint: Query the API to find the lowest and highest prices for silver on a given date. This information is crucial for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for silver, which is essential for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for traders focused on the London Metal Exchange.
- API Key: Your unique API key is required to access the Metals-API. This key ensures secure access to the data.
- API Response: The API delivers exchange rates relative to USD by default, providing a consistent basis for analysis.
- Available Endpoints: The Metals-API offers 14 different endpoints, each providing unique functionalities tailored to various trading needs.
- Supported Symbols Endpoint: Access a constantly updated list of all available metal symbols, ensuring you have the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols, including XAU (Gold), XPT (Platinum), and XPD (Palladium). For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1763006458,
"base": "USD",
"date": "2025-11-13",
"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": 1762920058,
"base": "USD",
"date": "2025-11-12",
"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": "2025-11-06",
"end_date": "2025-11-13",
"base": "USD",
"rates": {
"2025-11-06": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-08": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-13": {
"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": 1763006458,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-06",
"end_date": "2025-11-13",
"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": 1763006458,
"base": "USD",
"date": "2025-11-13",
"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": 1763006458,
"base": "USD",
"date": "2025-11-13",
"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
Accessing historical prices for silver through the Metals-API is not just a technical necessity; it is a strategic advantage in the competitive world of metals trading. By utilizing the various endpoints offered by the API, developers can create applications that provide real-time insights, track price fluctuations, and perform complex analyses. The integration of technology in manufacturing and the digital market analysis of silver's industrial applications further emphasizes the importance of having accurate and timely data.
As the market continues to evolve, the Metals-API stands out as a vital resource for anyone looking to navigate the complexities of precious metals trading. Whether you are an investor, a developer, or a market analyst, understanding how to leverage this API can significantly enhance your decision-making capabilities. For more information, visit the Metals-API Website and explore the extensive Metals-API Documentation to get started on your journey to mastering silver trading.