Retrieve Surat Silver (XAG-SURA) 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. One of the most sought-after metals is Silver, represented by the symbol XAG. This blog post will delve into the intricacies of retrieving XAG prices through the Metals-API, exploring its various markets, capabilities, and how it can empower developers to create innovative applications.

About Silver (XAG)

Silver, known for its industrial applications and investment potential, plays a significant role in various sectors. From electronics to solar panels, the demand for silver continues to grow, driven by technological advancements and innovation. The integration of smart manufacturing and supply chain technology has further enhanced the efficiency of silver production and distribution.

In the digital realm, market analysis tools have become indispensable for traders and investors. The ability to analyze real-time data and historical trends allows for informed decision-making, ultimately leading to better investment strategies. The XAG market is no exception, as it benefits from the transformative potential of real-time metals data.

Industrial Applications and Innovation

Silver's unique properties make it an essential component in various industrial applications. Its high electrical conductivity and thermal conductivity make it ideal for use in electronics, batteries, and photovoltaic cells. As technology continues to advance, the demand for silver in innovative applications is expected to rise, making it a critical metal in the transition to a more sustainable future.

Technology in Manufacturing

The manufacturing sector has seen a significant shift towards automation and smart technologies. The integration of IoT (Internet of Things) devices and AI (Artificial Intelligence) in manufacturing processes has improved efficiency and reduced costs. Silver plays a vital role in these technologies, and understanding its market dynamics through real-time data is essential for manufacturers and investors alike.

Digital Market Analysis

With the rise of digital trading platforms, having access to accurate and timely market data is crucial. The Metals-API Documentation provides developers with the tools to access real-time and historical data for silver and other metals. This data can be utilized for market analysis, allowing traders to make informed decisions based on current trends and fluctuations.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including silver. This API empowers developers to build next-generation applications that can analyze and visualize metal prices, enabling businesses to make data-driven decisions.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even every 10 minutes. This capability is essential for traders who need to stay ahead of market movements.

Key Features and Endpoints

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

Latest Rates Endpoint

The Latest Rates Endpoint allows users to retrieve real-time exchange rates for all available metals. This endpoint is crucial for traders looking to make quick decisions based on the latest market data.

{
        "success": true,
        "timestamp": 1749531613,
        "base": "USD",
        "date": "2025-06-10",
        "rates": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912,
            "XPD": 0.000744
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is essential for analyzing trends over time. The Historical Rates Endpoint allows users to query rates dating back to 2019, providing valuable insights into market behavior.

{
        "success": true,
        "timestamp": 1749445213,
        "base": "USD",
        "date": "2025-06-09",
        "rates": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "unit": "per troy ounce"
    }

Bid and Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for metals. This feature is particularly useful for traders looking to execute orders at the best possible prices.

{
        "success": true,
        "timestamp": 1749531613,
        "base": "USD",
        "date": "2025-06-10",
        "rates": {
            "XAU": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            },
            "XAG": {
                "bid": 0.0381,
                "ask": 0.0382,
                "spread": 0.0001
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAU",
            "amount": 1000
        },
        "info": {
            "timestamp": 1749531613,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-06-03",
        "end_date": "2025-06-10",
        "base": "USD",
        "rates": {
            "2025-06-03": {
                "XAU": 0.000485,
                "XAG": 0.03825
            },
            "2025-06-10": {
                "XAU": 0.000482,
                "XAG": 0.03815
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is essential for understanding market volatility and making informed trading decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-06-03",
        "end_date": "2025-06-10",
        "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
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make decisions.

{
        "success": true,
        "timestamp": 1749531613,
        "base": "USD",
        "date": "2025-06-10",
        "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
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those interested in the London Metal Exchange market.

API Key and Authentication

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.

API Response

The API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to integrate into their applications. Understanding the structure of the API response is crucial for effective data utilization.

Common Use Cases

Developers can leverage the Metals-API for various applications, including:

• Building trading platforms that require real-time price updates.
• Creating analytical tools for market research and investment strategies.
• Integrating with financial applications to provide users with up-to-date metal prices.

Conclusion

The Metals-API is an invaluable resource for developers looking to access real-time and historical data on silver and other metals. With its comprehensive range of endpoints, including the Latest Rates, Historical Rates, and Bid and Ask features, the API empowers users to build innovative applications that can analyze and visualize metal prices effectively.

As the demand for silver continues to grow, understanding its market dynamics through the Metals-API will be essential for traders and investors alike. By utilizing the capabilities of this API, developers can create tools that enhance decision-making and optimize trading strategies. For more information, visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

To explore the full range of supported symbols, check out the Metals-API Supported Symbols page. With the right tools and data at your fingertips, the possibilities for innovation in the metals market are limitless.