Fetch historical Hyderabad Silver (XAG-HYDE) - Per Ounce prices with this API

Introduction

In the world of precious metals, Silver (XAG) holds a significant place not only as a valuable commodity but also as a critical component in various industrial applications. With the rise of technology and innovation in manufacturing, the demand for real-time data on silver prices has never been more crucial. This is where the Metals-API comes into play, providing developers with the tools to fetch historical Hyderabad Silver (XAG-HYDE) prices per ounce and much more. In this blog post, we will explore the dynamics of the silver market, the capabilities of the Metals-API, and how it can empower developers to create next-generation applications.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal used for jewelry and investment; it plays a pivotal role in various industrial applications. From electronics to solar panels, silver's unique properties make it indispensable in modern technology. As industries evolve, the integration of smart manufacturing and supply chain technology has transformed how silver is sourced, processed, and traded.

Industrial Applications and Innovation

The industrial applications of silver are vast. In electronics, silver is used in circuit boards and connectors due to its excellent conductivity. The rise of renewable energy technologies, particularly solar power, has further increased silver's demand. Innovations in manufacturing processes, such as the use of nanotechnology, have also opened new avenues for silver applications, enhancing its value in the market.

Technology in Manufacturing

As manufacturing technologies advance, the integration of digital tools has become essential. Smart manufacturing leverages data analytics and IoT (Internet of Things) to optimize production processes. Silver manufacturers are increasingly adopting these technologies to improve efficiency, reduce waste, and enhance product quality. The ability to track silver prices in real-time through APIs like Metals-API allows manufacturers to make informed decisions regarding their procurement strategies.

Digital Market Analysis

The digital landscape has transformed how markets operate. With the rise of e-commerce and online trading platforms, the silver market has become more accessible to investors and traders. Digital market analysis tools enable stakeholders to monitor price trends, assess market volatility, and make data-driven decisions. The Metals-API provides a comprehensive suite of endpoints that facilitate this analysis, allowing users to access real-time and historical data effortlessly.

Smart Manufacturing Integration

Smart manufacturing is revolutionizing the way industries operate. By integrating advanced technologies such as AI and machine learning, manufacturers can predict market trends and optimize their supply chains. The Metals-API plays a crucial role in this integration by providing real-time data on silver prices, enabling manufacturers to adjust their operations based on market conditions.

API Description

The Metals-API is a powerful tool designed for developers seeking to access real-time and historical data on various metals, including silver. This API is built with innovation in mind, offering a range of features that empower developers to create applications that can analyze and visualize metal prices effectively.

Key Features and Endpoints

The Metals-API comes equipped with several key features that enhance its usability:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for applications that require up-to-the-minute pricing information.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for market analysis and trend forecasting.
• Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for silver, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for traders dealing in multiple currencies.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, facilitating in-depth market analysis over time.
• Fluctuation Endpoint: Users can track how silver prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
• Carat Endpoint: This feature allows users to retrieve gold rates by carat, expanding the API's utility for users interested in gold as well.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for silver over a specified period, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for silver, essential for traders looking to analyze market performance.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for comprehensive market analysis.
• API Key: Each user is assigned a unique API key, which is required for authentication when making requests to the API.
• API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The API includes 14 endpoints, each designed to provide specific functionalities, making it a versatile tool for developers.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

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 corresponding JSON responses:

Latest Rates Endpoint

To get real-time exchange rates for all available metals, you can use the Latest Rates Endpoint. Here’s an example response:

{
    "success": true,
    "timestamp": 1760691642,
    "base": "USD",
    "date": "2025-10-17",
    "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

Accessing historical exchange rates is straightforward. Here’s an example response for a specific date:

{
    "success": true,
    "timestamp": 1760605242,
    "base": "USD",
    "date": "2025-10-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

The Time-series Endpoint allows users to query exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-10-10",
    "end_date": "2025-10-17",
    "base": "USD",
    "rates": {
        "2025-10-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-10-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-10-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint is useful for converting amounts between different metals or currencies. Here’s an example response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1760691642,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

To track rate fluctuations, the Fluctuation Endpoint provides valuable insights. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-10-10",
    "end_date": "2025-10-17",
    "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) Price Endpoint

For traders, the OHLC Price Endpoint provides essential data. Here’s an example response:

{
    "success": true,
    "timestamp": 1760691642,
    "base": "USD",
    "date": "2025-10-17",
    "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

To get current bid and ask prices for metals, the Bid/Ask Endpoint is invaluable. Here’s an example response:

{
    "success": true,
    "timestamp": 1760691642,
    "base": "USD",
    "date": "2025-10-17",
    "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

The Metals-API is a transformative tool for developers looking to access real-time and historical data on silver and other metals. With its comprehensive suite of endpoints, including the Latest Rates, Historical Rates, and Fluctuation endpoints, developers can create applications that provide valuable insights into the silver market. By leveraging the power of this API, businesses can optimize their operations, enhance their market analysis, and stay ahead of the competition.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. The future of silver trading is here, and with the right tools, you can harness its potential to drive innovation and success in your applications.