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Retrieve Delhi Silver (XAG-DELH) prices in real-time with this API

Retrieve Delhi Silver (XAG-DELH) prices in real-time with this API

Retrieve Delhi Silver (XAG-DELH) prices in real-time with this API

Retrieve Delhi Silver (XAG-DELH) Prices in Real-Time with This API

In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. For those interested in precious metals, particularly silver, the Metals-API offers a powerful solution to retrieve current prices, including the specific rates for Delhi Silver (XAG-DELH). This blog post will explore the significance of silver, its industrial applications, and how the Metals-API can empower developers to create innovative applications that leverage real-time metals data.

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal used for jewelry and investment; it plays a vital role in various industrial applications. From electronics to solar panels, silver's unique properties make it an essential component in modern technology. The demand for silver is driven by its conductivity, reflectivity, and resistance to corrosion, making it a key player in the manufacturing sector.

As industries continue to innovate, the integration of smart manufacturing technologies is becoming increasingly important. Silver is often utilized in advanced manufacturing processes, including the production of high-efficiency solar cells and electronic components. The digital market analysis of silver prices can provide insights into supply chain dynamics, helping manufacturers optimize their operations and reduce costs.

Moreover, the rise of digital platforms has transformed how silver is traded. With the advent of blockchain technology and digital currencies, the silver market is evolving, allowing for more transparent and efficient transactions. This shift highlights the importance of having access to real-time data, which is where the Metals-API comes into play.

API Description

The Metals-API is a comprehensive solution for accessing real-time and historical data on precious metals. It provides developers with the tools necessary to build next-generation applications that require accurate and timely information about metal prices. The API is designed with innovation in mind, offering various endpoints that cater to different data needs.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes or even every 10 minutes. This ensures that users have the most current information at their fingertips, which is essential for making trading decisions.

For developers looking to analyze historical trends, the Metals-API offers a Historical Rates Endpoint, allowing access to data dating back to 2019. This feature is invaluable for conducting market analysis and understanding price fluctuations over time.

Another powerful feature is the Bid and Ask Endpoint, which provides real-time bid and ask prices for various metals. This information is crucial for traders who need to make quick decisions based on market conditions.

The API also includes a Convert Endpoint, enabling users to convert amounts between different metals or to/from USD. This functionality is particularly useful for businesses operating in multiple currencies or for individuals looking to understand the value of their holdings in different terms.

For those interested in tracking price fluctuations, the Fluctuation Endpoint allows users to retrieve information about how prices change over specific periods. This can help traders identify trends and make informed decisions based on historical data.

Additionally, the Metals-API provides a Time-Series Endpoint, which allows users to query daily historical rates between two chosen dates. This feature is beneficial for analyzing trends and making predictions based on past performance.

For comprehensive market analysis, the Open/High/Low/Close (OHLC) Price Endpoint provides detailed price data for specific time periods, while the Lowest/Highest Price Endpoint allows users to identify the highest and lowest prices within a given timeframe.

To access the Metals-API, developers need an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures secure access to the API's features and data.

For more information on the capabilities of the Metals-API, you can visit the Metals-API Documentation for detailed guidance on implementation and usage.

Key Features and Endpoints

The Metals-API offers a wide range of endpoints, each designed to provide specific functionalities. Here are some of the key features:

  • Latest Rates Endpoint: Get real-time exchange rates for all available metals. This endpoint is essential for traders who need up-to-the-minute pricing information.
  • Historical Rates Endpoint: Access historical exchange rates for any date since 2019, allowing for in-depth market analysis.
  • Bid And Ask Endpoint: Retrieve current bid and ask prices for metals, enabling traders to make informed decisions.
  • Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating transactions across different currencies.
  • Time-Series Endpoint: Get exchange rates for a specific time period, useful for analyzing trends over time.
  • Fluctuation Endpoint: Track rate fluctuations between two dates, helping traders identify market trends.
  • OHLC Price Endpoint: Get open, high, low, and close prices for a specific time period, providing a comprehensive view of market performance.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices within a specified timeframe.
  • API Key: A unique key required for accessing the API's features securely.
  • API Response: Exchange rates are delivered relative to USD by default, ensuring consistency in data interpretation.
  • 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 users informed about market developments.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Here are some examples of how the API responds to different requests:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1745553735,
    "base": "USD",
    "date": "2025-04-25",
    "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": 1745467335,
    "base": "USD",
    "date": "2025-04-24",
    "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": "2025-04-18",
    "end_date": "2025-04-25",
    "base": "USD",
    "rates": {
        "2025-04-18": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-20": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-25": {
            "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": 1745553735,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-18",
    "end_date": "2025-04-25",
    "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": 1745553735,
    "base": "USD",
    "date": "2025-04-25",
    "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": 1745553735,
    "base": "USD",
    "date": "2025-04-25",
    "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 provides a robust framework for accessing real-time and historical data on precious metals, including silver. With its wide array of endpoints, developers can create applications that not only track prices but also analyze trends, convert currencies, and monitor fluctuations. The API's capabilities empower businesses and individuals alike to make informed decisions in a rapidly changing market.

For those looking to dive deeper into the world of precious metals, the Metals-API Supported Symbols page offers a comprehensive list of all available metal symbols, while the Metals-API Website serves as a gateway to explore further functionalities and features. By leveraging the power of the Metals-API, developers can unlock the potential of real-time metals data and drive innovation in their applications.

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