Obtain Hyderabad Silver (HYDE-XAG) prices with this API

Obtain Hyderabad Silver (HYDE-XAG) Prices with this API

In the ever-evolving landscape of precious metals trading, obtaining accurate and timely data is crucial for developers and businesses alike. The Metals-API provides a robust solution for accessing real-time and historical prices of silver, specifically the Hyderabad Silver (HYDE-XAG). This blog post will delve into the intricacies of silver as a commodity, the capabilities of the Metals-API, and how developers can leverage this powerful tool to create innovative applications.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it is a versatile commodity with numerous industrial applications. From electronics to solar panels, silver plays a pivotal role in modern technology. The demand for silver is driven by its unique properties, including high conductivity and reflectivity, making it an essential component in various manufacturing processes.

Innovation in the silver market is largely influenced by advancements in technology. The integration of smart manufacturing techniques has revolutionized how silver is sourced, processed, and utilized. Digital market analysis tools have emerged, allowing stakeholders to make informed decisions based on real-time data. Furthermore, supply chain technology has enhanced transparency and efficiency, ensuring that silver reaches its end-users promptly and reliably.

API Description

The Metals-API is designed to empower developers by providing access to real-time metals data, including silver prices. This API is a game-changer for those looking to build next-generation applications that require accurate and timely information. With the ability to retrieve data on various metals, including silver, gold, platinum, and palladium, the Metals-API offers a comprehensive solution for financial analysis, trading platforms, and market research.

For more information, visit the Metals-API Website or explore the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for silver and other metals, updated every 60 minutes or more frequently.
Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows you to analyze trends over time by appending a specific date to your query.
Bid And Ask Endpoint: Retrieve real-time bid and ask prices for silver, providing insights into market dynamics.
Convert Endpoint: Easily convert any amount of silver from one currency to another, facilitating transactions across different markets.
Time-Series Endpoint: Query daily historical rates between two dates, enabling comprehensive analysis of price movements.
Fluctuation Endpoint: Track how silver prices fluctuate on a day-to-day basis, helping you understand market volatility.
Carat Endpoint: Retrieve information about gold rates by carat, useful for jewelers and investors.
Lowest/Highest Price Endpoint: Get the lowest and highest prices for silver over a specified period, aiding in investment decisions.
Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for silver, providing a comprehensive view of market performance.
Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, for in-depth market analysis.
API Key: Your unique API key is essential for accessing the API and must be included in your requests.
API Response: The API delivers exchange rates relative to USD, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API offers 14 endpoints, each designed for specific functionalities.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market trends.

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. Here are examples of various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
"success": true,
"timestamp": 1767053230,
"base": "USD",
"date": "2025-12-30",
"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": 1766966830,
"base": "USD",
"date": "2025-12-29",
"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": "2025-12-23",
"end_date": "2025-12-30",
"base": "USD",
"rates": {
"2025-12-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-30": {
"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": 1767053230,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-23",
"end_date": "2025-12-30",
"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": 1767053230,
"base": "USD",
"date": "2025-12-30",
"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": 1767053230,
"base": "USD",
"date": "2025-12-30",
"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 seeking to integrate real-time silver pricing data into their applications. With its extensive range of endpoints, including the latest rates, historical data, and conversion capabilities, the API offers a comprehensive toolkit for financial analysis and trading. By leveraging the power of this API, developers can create innovative solutions that enhance market understanding and facilitate informed decision-making.

For further exploration, consider visiting the Metals-API Documentation for detailed implementation guidance, or check out the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols.

In summary, the integration of the Metals-API into your applications not only streamlines access to critical market data but also empowers developers to harness the full potential of silver as a commodity in today's digital economy.

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Obtain Hyderabad Silver (HYDE-XAG) prices with this API