Retrieve Jaipur Silver (JAIP-XAG) prices through this API
Retrieve Jaipur Silver (JAIP-XAG) Prices Through This API
In the ever-evolving landscape of precious metals trading, the ability to access real-time data is crucial for developers and businesses alike. The Metals-API provides a robust solution for retrieving current and historical prices of metals, including Silver (XAG). This blog post delves into the intricacies of the Metals-API, exploring its capabilities, endpoints, and the transformative potential it holds for developers looking to integrate metals pricing into their applications.
Metals-API Information
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 invaluable in sectors such as electronics, solar energy, and medical technology. As innovation drives the demand for Silver, understanding its market dynamics becomes essential.
Technological advancements in manufacturing processes have led to smarter and more efficient production methods. The integration of digital market analysis tools allows businesses to make informed decisions based on real-time data. Furthermore, the rise of smart manufacturing has enabled companies to optimize their supply chains, ensuring that they can respond swiftly to market fluctuations.
API Description
The Metals-API is designed to empower developers with real-time access to metals data, enabling the creation of next-generation applications. With its comprehensive suite of features, the API allows users to retrieve current prices, historical data, and even perform currency conversions. This flexibility opens up a myriad of possibilities for financial analysis, trading applications, and market research.
For detailed documentation on how to utilize the API effectively, visit the Metals-API Documentation. Here, developers can find information on available endpoints, authentication methods, and best practices for implementation.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each tailored to meet specific needs. The Latest Rates Endpoint provides real-time exchange rate data, updated at intervals based on the user's subscription plan. This feature is essential for applications that require up-to-the-minute pricing information.
For those interested in historical data, the Historical Rates Endpoint allows users to access exchange rates dating back to 2019. By appending a specific date to the API call, developers can retrieve past pricing information, which is invaluable for trend analysis and forecasting.
The Bid and Ask Endpoint is another powerful feature, providing real-time bid and ask prices for Silver and other metals. This information is crucial for traders looking to make informed decisions based on current market conditions.
Additionally, the Convert Endpoint enables users to convert amounts between different metals or to/from USD. This functionality is particularly useful for applications that require currency conversion for pricing or trading purposes.
The Time-Series Endpoint allows developers to query daily historical rates between two specified dates, offering insights into price trends over time. This can be particularly beneficial for analyzing market behavior and making predictions.
For those interested in understanding market fluctuations, the Fluctuation Endpoint provides data on how prices change from day to day. This feature can help businesses gauge market volatility and adjust their strategies accordingly.
The Carat Endpoint allows users to retrieve information about Gold rates by carat, while the Lowest/Highest Price Endpoint enables queries for the lowest and highest prices over a specified period. Furthermore, the Open/High/Low/Close (OHLC) Price Endpoint provides detailed price data for specific time frames, essential for traders and analysts.
For a comprehensive list of available symbols, including Silver (XAG), visit the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. A typical response might look like this:
{
"success": true,
"timestamp": 1767312828,
"base": "USD",
"date": "2026-01-02",
"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"
}
In this response, the rates object contains the current prices for various metals, including Silver (XAG), which is priced at 0.03815 per troy ounce.
Historical Rates Endpoint
Accessing historical exchange rates is straightforward. A typical response for a historical query might look like this:
{
"success": true,
"timestamp": 1767226428,
"base": "USD",
"date": "2026-01-01",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows the historical prices for Silver and other metals on a specific date, allowing for analysis of price movements over time.
Time-Series Endpoint
The Time-Series Endpoint provides exchange rates for a specific time period. An example response could be:
{
"success": true,
"timeseries": true,
"start_date": "2025-12-26",
"end_date": "2026-01-02",
"base": "USD",
"rates": {
"2025-12-26": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-28": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-02": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This endpoint allows developers to track price changes over a specified period, providing valuable insights into market trends.
Convert Endpoint
The Convert Endpoint is essential for applications that require currency conversion. A typical response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767312828,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response indicates that 1000 USD converts to 0.482 troy ounces of Gold (XAU) at the current exchange rate.
Fluctuation Endpoint
To track rate fluctuations, the Fluctuation Endpoint provides valuable data:
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-26",
"end_date": "2026-01-02",
"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 endpoint provides insights into how prices have changed over a specified period, helping traders and analysts understand market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
The OHLC Price Endpoint provides detailed price data for a specific time period:
{
"success": true,
"timestamp": 1767312828,
"base": "USD",
"date": "2026-01-02",
"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 price movements throughout the day, essential for traders looking to analyze market behavior.
Bid/Ask Endpoint
The Bid/Ask Endpoint is crucial for obtaining current market prices:
{
"success": true,
"timestamp": 1767312828,
"base": "USD",
"date": "2026-01-02",
"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 endpoint provides the current bid and ask prices for Silver, allowing traders to make informed decisions based on the latest market data.
Conclusion
The Metals-API offers a comprehensive suite of tools for developers looking to integrate real-time metals pricing into their applications. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API empowers users to make informed decisions based on accurate and timely data.
By leveraging the capabilities of the Metals-API, developers can create innovative applications that respond to market dynamics, analyze trends, and optimize trading strategies. For more information on how to get started, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation.
As the demand for real-time metals data continues to grow, the Metals-API stands as a vital resource for developers and businesses aiming to stay ahead in the competitive landscape of precious metals trading.