Get started with obtaining Hyderabad Silver (HYDE-XAG) Historical Prices using this API

Introduction

In the world of precious metals trading, obtaining accurate historical prices is crucial for making informed decisions. One such metal that has garnered significant attention is Silver, represented by the symbol XAG. In this blog post, we will explore how to obtain historical prices for Hyderabad Silver (HYDE-XAG) using the Metals-API. This powerful API provides developers with the tools necessary to access real-time and historical data, enabling the creation of innovative applications that can analyze market trends and fluctuations.

About Silver (XAG)

Silver, known for its industrial applications and investment potential, plays a vital role in various sectors, including electronics, solar energy, and jewelry manufacturing. The demand for silver is driven not only by its aesthetic qualities but also by its unique properties that make it an essential component in modern technology.

Industrial Applications and Innovation

Silver's conductivity and reflectivity make it a preferred choice in the electronics industry. From smartphones to solar panels, silver is integral to the manufacturing process. Innovations in smart manufacturing have further enhanced the efficiency of silver production, utilizing advanced technologies such as automation and data analytics to streamline operations.

Technology in Manufacturing

The integration of technology in silver manufacturing has transformed traditional processes. Smart factories equipped with IoT devices and AI algorithms can monitor production in real-time, ensuring optimal resource allocation and minimizing waste. This technological advancement not only boosts productivity but also contributes to sustainable practices in the silver industry.

Digital Market Analysis

Understanding market dynamics is essential for traders and investors. The digital market analysis of silver prices involves tracking fluctuations, analyzing trends, and predicting future movements. With the help of the Metals-API, developers can create applications that provide insights into historical price data, enabling users to make data-driven decisions.

Smart Manufacturing Integration

Smart manufacturing integrates advanced technologies to enhance production efficiency. By utilizing data from the Metals-API, manufacturers can optimize their supply chains, forecast demand, and adjust production schedules accordingly. This level of integration allows for a more agile response to market changes, ultimately leading to increased profitability.

Supply Chain Technology

The silver supply chain is complex, involving multiple stakeholders from mining to retail. Technologies such as blockchain can enhance transparency and traceability within the supply chain, ensuring that all parties have access to accurate data. The Metals-API can provide real-time pricing data that can be integrated into supply chain management systems, improving decision-making processes.

Metals-API Information

The Metals-API is a comprehensive solution for accessing metals prices and currency conversion data. It empowers developers to build next-generation applications that leverage real-time data for various use cases, from trading platforms to analytical tools.

API Description

Metals-API offers a wide range of capabilities, including real-time pricing, historical data access, and conversion features. The API is designed to be user-friendly, with extensive documentation available at the Metals-API Documentation. This documentation provides detailed information on how to implement the API effectively, including endpoint descriptions, parameter details, and example responses.

Key Features and Endpoints

The Metals-API includes several key features that enhance its functionality:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on your plan, you can receive updates every 60 minutes or even more frequently.
• Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This feature is invaluable for analyzing past market trends.
• Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to make informed decisions based on current market conditions.
• Convert Endpoint: This endpoint allows you to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed analysis of price movements over time.
• Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and investors.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, helping traders identify market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is crucial for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
• API Response: All exchange rates are delivered relative to USD, with data returned in a structured JSON format.
• Available Endpoints: The API offers 14 endpoints, each providing distinct functionalities tailored to various user needs.
• Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
• 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. 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. Below are examples of various endpoints and their corresponding JSON responses.

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
"success": true,
"timestamp": 1769044790,
"base": "USD",
"date": "2026-01-22",
"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": 1768958390,
"base": "USD",
"date": "2026-01-21",
"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": "2026-01-15",
"end_date": "2026-01-22",
"base": "USD",
"rates": {
"2026-01-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-22": {
"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": 1769044790,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-15",
"end_date": "2026-01-22",
"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": 1769044790,
"base": "USD",
"date": "2026-01-22",
"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": 1769044790,
"base": "USD",
"date": "2026-01-22",
"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, obtaining historical prices for Hyderabad Silver (HYDE-XAG) is made simple and efficient through the use of the Metals-API. By leveraging its extensive features, developers can create applications that provide valuable insights into market trends, enabling users to make informed decisions. The API's capabilities, including real-time pricing, historical data access, and conversion features, empower developers to build innovative solutions tailored to the needs of traders and investors.

For more information on how to implement the Metals-API, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. With the right tools and knowledge, you can harness the power of real-time metals data to drive your trading strategies and enhance your market analysis.