Get real-time Jaipur Silver (JAIP-XAG) prices using this API
Get Real-Time Jaipur Silver (JAIP-XAG) Prices Using This API
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions, especially in the metals market. One of the most sought-after metals is silver, represented by the symbol XAG. This blog post will delve into the intricacies of the Metals-API, which provides developers with the tools to access real-time silver prices and other valuable data. We will explore the industrial applications of silver, the technological advancements in its manufacturing, and how the Metals-API can empower developers to create innovative applications.
About Silver (XAG)
Silver, known by its chemical symbol XAG, is not just a precious metal used in jewelry and coins; it plays a vital role in various industrial applications. Its high electrical conductivity makes it an essential component in electronics, solar panels, and batteries. As technology continues to evolve, the demand for silver in smart manufacturing and renewable energy solutions is expected to rise.
Moreover, the digital market analysis of silver prices has become increasingly sophisticated. With the integration of supply chain technology, companies can now track silver from mine to market, ensuring transparency and efficiency. This is where the Metals-API comes into play, providing real-time data that can be leveraged for better decision-making in the silver market.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data for various metals, including silver. This API is built on the principles of innovation and technological advancement, allowing developers to create next-generation applications that can analyze and visualize metal prices effectively.
With the Metals-API, developers can access a wide range of functionalities, including real-time exchange rates, historical data, and conversion capabilities. The API is designed to be user-friendly, with comprehensive documentation available at the Metals-API Documentation. This resource provides detailed guidance on how to implement the API, including examples and best practices.
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: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the API updates this information every 60 minutes, every 10 minutes, or even more frequently. This is crucial for traders who need the most current prices to make informed decisions.
- 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, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for silver. Understanding the spread between these prices can help traders gauge market sentiment and make strategic decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert amounts between different metals or to/from USD. This is particularly useful for businesses that deal with multiple currencies.
- Time-Series Endpoint: This endpoint enables users to query daily historical rates between two specified dates. It is ideal for analyzing price movements over time and identifying patterns.
- Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders to strategize their investments.
- Carat Endpoint: For those interested in gold, the carat endpoint allows users to retrieve gold rates by carat, which is essential for jewelers and gold traders.
- Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices of silver over a specified period, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve the open, high, low, and close prices for silver over a specific time period. This data is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for long-term market analysis.
- API Key: Your unique API key is essential for accessing the Metals-API. It must be included in the API base URL's access_key parameter to authenticate your requests.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring that developers have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market trends and 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. This resource is invaluable for developers looking to integrate multiple metal types into their applications.
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 responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1765249319,
"base": "USD",
"date": "2025-12-09",
"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": 1765162919,
"base": "USD",
"date": "2025-12-08",
"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": "2025-12-02",
"end_date": "2025-12-09",
"base": "USD",
"rates": {
"2025-12-02": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-04": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-09": {
"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": 1765249319,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-02",
"end_date": "2025-12-09",
"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": 1765249319,
"base": "USD",
"date": "2025-12-09",
"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": 1765249319,
"base": "USD",
"date": "2025-12-09",
"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 an invaluable resource for developers looking to access real-time silver prices and other metal data. With its comprehensive features, including the ability to retrieve historical rates, track fluctuations, and convert between different metals, this API empowers developers to create innovative applications that can analyze and visualize metal prices effectively.
By leveraging the capabilities of the Metals-API, businesses can enhance their decision-making processes, optimize their supply chains, and stay ahead of market trends. Whether you are a trader, a manufacturer, or a developer, the Metals-API provides the tools you need to succeed in the dynamic world of metals.
For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols page for a complete list of available metal symbols. Start integrating real-time data into your applications today!