Retrieve Gurgaon Silver (GURG-XAG) price data through this API

Introduction

In the world of precious metals, Silver (XAG) holds a unique position not only as a valuable asset but also as a critical component in various industrial applications. With the rise of technology and smart manufacturing, the demand for real-time data on Silver prices has become increasingly important. This blog post will delve into how to retrieve Gurgaon Silver (GURG-XAG) price data through the Metals-API, exploring its capabilities, features, and the transformative potential it offers to developers and businesses alike.

Metals-API Information

About Silver (XAG)

Silver, represented by the symbol XAG, is not just a precious metal; it is a versatile resource with numerous industrial applications. From electronics to solar panels, Silver plays a crucial role in modern technology. The integration of smart manufacturing and supply chain technology has further amplified the need for accurate and timely data on Silver prices. As industries evolve, the demand for digital market analysis becomes paramount, allowing businesses to make informed decisions based on real-time data.

Industrial Applications and Innovation

The industrial applications of Silver are vast. In electronics, Silver is used in conductive inks and coatings, enhancing the performance of various devices. The automotive industry utilizes Silver in sensors and electrical contacts, while the renewable energy sector relies on it for solar panels. As innovation continues to drive these industries, the need for accurate pricing data becomes essential for manufacturers and investors alike.

Technology in Manufacturing

With the advent of Industry 4.0, technology is reshaping manufacturing processes. Smart factories leverage IoT devices and data analytics to optimize production and reduce costs. The Metals-API provides developers with the tools to integrate real-time Silver price data into their applications, enabling manufacturers to adjust their strategies based on market fluctuations.

Digital Market Analysis

Understanding market trends is crucial for businesses involved in the trading and manufacturing of Silver. The Metals-API offers comprehensive data that can be used for digital market analysis, allowing companies to track price movements and make strategic decisions. By utilizing the API, developers can create applications that provide insights into market dynamics, helping businesses stay ahead of the competition.

Smart Manufacturing Integration

Smart manufacturing relies heavily on data-driven decision-making. The Metals-API enables seamless integration of Silver price data into manufacturing systems, allowing for real-time adjustments in production schedules and inventory management. This integration not only enhances efficiency but also reduces waste and improves profitability.

Supply Chain Technology

Efficient supply chain management is vital for businesses dealing with Silver. The Metals-API provides access to real-time pricing data, enabling companies to optimize their supply chains. By understanding price trends, businesses can negotiate better contracts and manage their inventory more effectively, ensuring they remain competitive in the market.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including Silver. This API empowers developers to build next-generation applications that can leverage real-time metals data for various use cases, from trading platforms to manufacturing systems.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even every 10 minutes. This capability is crucial for businesses that require up-to-the-minute pricing information to make informed decisions.

In addition to real-time data, the Metals-API also offers historical rates dating back to 2019. This feature allows developers to query the API for historical rates by appending a specific date, enabling comprehensive market analysis and trend identification.

The API's Bid and Ask endpoint is another powerful feature, providing real-time bid and ask prices for Silver and other metals. This information is essential for traders looking to make quick decisions based on current market conditions.

For those needing to convert amounts between different metals or currencies, the Metals-API includes a dedicated conversion endpoint. This feature simplifies the process of calculating values across various metals, making it easier for businesses to manage their assets.

The Time-Series endpoint allows users to query the API for daily historical rates between two chosen dates. This capability is particularly useful for analyzing trends over specific periods, helping businesses to strategize effectively.

Additionally, the Fluctuation endpoint provides insights into how prices fluctuate on a day-to-day basis, offering valuable information for risk management and investment strategies.

Key Features and Endpoints

The Metals-API comes equipped with a variety of endpoints, each designed to serve specific needs:

• Latest Rates Endpoint: Retrieve real-time exchange rates for all available metals, including Silver. The response includes the latest prices, timestamp, and base currency.
• Historical Rates Endpoint: Access historical exchange rates for any date since 2019, allowing for in-depth market analysis.
• Bid And Ask Endpoint: Get current bid and ask prices for Silver, essential for traders looking to make informed decisions.
• Convert Endpoint: Convert any amount from one metal to another or to/from USD, streamlining financial calculations.
• Time-Series Endpoint: Query for daily historical rates between two dates, providing insights into market trends over time.
• Fluctuation Endpoint: Track rate fluctuations between two dates, helping businesses manage risk effectively.
• Carat Endpoint: Retrieve information about Gold rates by Carat, useful for jewelers and investors.
• Lowest/Highest Price Endpoint: Get the lowest and highest price for a specific date, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, essential for traders and analysts.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
• API Key: Your unique key for accessing the API, ensuring secure and authorized usage.
• API Response: Exchange rates are delivered relative to USD, with all data returned in a structured format.
• Available Endpoints: The API includes 14 endpoints, each providing different functionalities for comprehensive data access.
• 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 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

Latest Rates Endpoint

The Latest Rates endpoint allows you to get real-time exchange rates for all available metals. Here’s an example response:

{
"success": true,
"timestamp": 1764291744,
"base": "USD",
"date": "2025-11-28",
"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"
}

This response provides the latest rates for various metals, with Silver (XAG) priced at 0.03815 per troy ounce.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999. Here’s an example response:

{
"success": true,
"timestamp": 1764205344,
"base": "USD",
"date": "2025-11-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response shows the historical rates for Silver on a specific date, allowing for trend analysis.

Time-series Endpoint

The Time-Series endpoint allows you to get exchange rates for a specific time period. Here’s an example response:

{
"success": true,
"timeseries": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"base": "USD",
"rates": {
"2025-11-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response provides daily rates for Silver over a specified period, useful for analyzing price trends.

Convert Endpoint

The Convert endpoint allows you to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764291744,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This response shows the conversion of 1000 USD to Gold (XAU), highlighting the API's versatility in handling different metals.

Fluctuation Endpoint

The Fluctuation endpoint tracks rate fluctuations between two dates. Here’s an example response:

{
"success": true,
"fluctuation": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"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"
}

This response provides insights into how Silver prices have fluctuated over a specified period, aiding in risk assessment.

OHLC (Open/High/Low/Close) Endpoint

The OHLC endpoint provides open, high, low, and close data for a specific time period. Here’s an example response:

{
"success": true,
"timestamp": 1764291744,
"base": "USD",
"date": "2025-11-28",
"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"
}

This response provides a comprehensive view of Silver's price movements within a specific timeframe, essential for traders.

Bid/Ask Endpoint

The Bid/Ask endpoint provides current bid and ask prices for metals. Here’s an example response:

{
"success": true,
"timestamp": 1764291744,
"base": "USD",
"date": "2025-11-28",
"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"
}

This response provides the current bid and ask prices for Silver, crucial for traders looking to make informed decisions.

Conclusion

The Metals-API offers a comprehensive solution for developers and businesses seeking real-time and historical data on Silver prices. By leveraging its various endpoints, users can access critical information that supports decision-making in trading, manufacturing, and market analysis. The integration of this API into applications not only enhances operational efficiency but also empowers businesses to adapt to market changes swiftly.

For more information on how to implement the Metals-API in your projects, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. The potential for innovation and growth in the precious metals market is vast, and with the right tools, businesses can thrive in this dynamic environment.