Get updated Jaipur Silver (JAIP-XAG) prices using this API
Get Updated 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. The Metals-API provides developers with the tools necessary to retrieve up-to-date prices for various metals, including Silver (XAG). This blog post will delve into the intricacies of the Metals-API, its capabilities, and how it can be utilized to access the latest Silver prices in Jaipur and beyond.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a critical component in various industrial applications. Its unique properties make it an essential material in sectors such as electronics, solar energy, and medical devices. The demand for Silver has surged due to innovations in technology and manufacturing processes. For instance, the integration of smart manufacturing techniques has enhanced the efficiency of Silver production, allowing for better resource management and reduced waste.
Moreover, the digital market analysis of Silver prices reveals significant trends influenced by global economic conditions, supply chain dynamics, and technological advancements. The ongoing evolution of supply chain technology has enabled more transparent and efficient tracking of Silver from mine to market, ensuring that stakeholders can make data-driven decisions.
API Description
The Metals-API is a powerful tool that provides real-time and historical data for various metals, including Silver. This API empowers developers to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API transforms how businesses and individuals interact with metal pricing data.
For more detailed information, you can visit the Metals-API Documentation. This resource provides comprehensive guidance on how to effectively utilize the API's capabilities.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for Silver and other metals, updated every 60 minutes or more frequently. This feature is essential for traders and businesses that need immediate access to market prices.
- Historical Rates Endpoint: Access historical rates dating back to 2019. This endpoint allows users to analyze trends over time, providing valuable insights into market behavior.
- Bid and Ask Endpoint: This feature retrieves real-time bid and ask prices for Silver, enabling traders to make informed decisions based on current market conditions.
- Convert Endpoint: The conversion feature allows users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
- Time-Series Endpoint: This endpoint enables users to query daily historical rates between two specified dates, making it easier to analyze price movements over time.
- Fluctuation Endpoint: Track how Silver prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Carat Endpoint: Retrieve information about Gold rates by Carat, which is useful for jewelers and manufacturers.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for Silver over a specified period, aiding in investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for Silver, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for long-term market analysis.
- API Key: Each user is provided with a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API includes 14 endpoints, each designed to provide specific functionalities, catering to diverse user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies and metals, allowing users to stay updated on the latest offerings.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users 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 how to interpret API responses is crucial for effective integration. Here are examples of responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767571698,
"base": "USD",
"date": "2026-01-05",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates that the current price of Silver (XAG) is 0.03815 per troy ounce, relative to USD.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767485298,
"base": "USD",
"date": "2026-01-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This example shows historical rates for Silver on a specific date, allowing users to analyze past market behavior.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-29",
"end_date": "2026-01-05",
"base": "USD",
"rates": {
"2025-12-29": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2026-01-05": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This response provides a time series of Silver prices, which is invaluable for trend analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767571698,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert a specified amount of USD into troy ounces of Gold (XAU), showcasing the API's versatility.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-29",
"end_date": "2026-01-05",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
This response details the fluctuations in Silver prices over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1767571698,
"base": "USD",
"date": "2026-01-05",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint provides critical data for traders looking to analyze market performance over a specific timeframe.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1767571698,
"base": "USD",
"date": "2026-01-05",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
This response provides the current bid and ask prices for Silver, which is essential for making trading decisions.
Conclusion
The Metals-API is an invaluable resource for developers and businesses looking to access real-time and historical data for Silver and other metals. By leveraging its various endpoints, users can gain insights into market trends, perform conversions, and track fluctuations effectively. Whether you are a trader, manufacturer, or researcher, the Metals-API offers the tools you need to stay informed and make data-driven decisions.
For further exploration of the API's capabilities, visit the Metals-API Website and check out the Metals-API Documentation for detailed implementation guidance. Stay ahead in the market by utilizing the comprehensive data provided by the Metals-API.