Get Lucknow Silver (LUCK-XAG) Historical Prices using this API
Get Lucknow Silver (LUCK-XAG) Historical Prices using this API
In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount. For those interested in the silver market, particularly the Lucknow Silver (LUCK-XAG), accessing historical prices can provide invaluable insights for investment decisions and market analysis. This blog post will delve into the world of silver, its industrial applications, and how to effectively utilize the Metals-API to retrieve historical prices and other relevant data.
About Silver (XAG)
Silver, represented by the symbol XAG, is not just a precious metal; it is a versatile commodity with a wide range of industrial applications. From electronics to solar panels, silver plays a crucial role in modern technology. The growing demand for silver in various sectors has led to innovations in manufacturing processes, making it essential for developers and businesses to stay updated on its market trends.
One of the most significant advancements in the silver market is the integration of smart manufacturing technologies. These innovations enable manufacturers to optimize their production processes, reduce waste, and improve efficiency. As the digital market continues to evolve, the need for real-time data becomes increasingly important. This is where the Metals-API comes into play, offering developers the tools they need to build next-generation applications that leverage real-time metals data.
API Description
The Metals-API is a powerful tool designed to provide developers with access to real-time and historical data on various metals, including silver. With its robust capabilities, the API empowers users to create applications that can analyze market trends, track price fluctuations, and make informed decisions based on accurate data.
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 provide updates every 60 minutes or even every 10 minutes. This level of granularity is crucial for traders and analysts who need to react quickly to market changes.
Additionally, the Metals-API offers a comprehensive suite of endpoints that cater to various needs:
- Latest Rates Endpoint: Access real-time exchange rates for all available metals, ensuring you have the most current data at your fingertips.
- Historical Rates Endpoint: Retrieve historical rates dating back to 2019, allowing for in-depth analysis of price trends over time.
- Bid And Ask Endpoint: Get real-time bid and ask prices, which are essential for understanding market dynamics.
- Convert Endpoint: Easily convert amounts between different metals or to/from USD, simplifying financial calculations.
- Time-Series Endpoint: Query daily historical rates between two dates, enabling detailed trend analysis.
- Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Retrieve gold rates by carat, useful for jewelers and investors alike.
- Lowest/Highest Price Endpoint: Identify the lowest and highest prices for a given date, assisting in market timing strategies.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for specific time periods, crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Your unique key for accessing the API, ensuring secure and authorized usage.
- API Response: Understand the structure of the data returned by the API, which is typically relative to USD.
- Available Endpoints: Explore the full range of 14 API endpoints, each offering unique functionalities.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals.
- News Endpoint: Stay informed with the latest news articles related to various metals.
Key Features and Endpoints
The Metals-API is designed with a focus on innovation and technological advancement. By providing developers with access to real-time and historical data, it opens up a world of possibilities for creating applications that can analyze market trends and make informed decisions. Hereβs a closer look at some of the key features:
Latest Rates Endpoint
This endpoint provides real-time exchange rates for all available metals. For example, a typical response might look like this:
{
"success": true,
"timestamp": 1761267736,
"base": "USD",
"date": "2025-10-24",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
This response indicates the current exchange rates for gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD), all relative to USD.
Historical Rates Endpoint
Accessing historical rates is crucial for understanding market trends. The Historical Rates Endpoint allows users to retrieve data for any date since 1999. A typical response might look like this:
{
"success": true,
"timestamp": 1761181336,
"base": "USD",
"date": "2025-10-23",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
This data can be invaluable for analysts looking to identify trends over time.
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates. This is particularly useful for trend analysis. An example response might look like this:
{
"success": true,
"timeseries": true,
"start_date": "2025-10-17",
"end_date": "2025-10-24",
"base": "USD",
"rates": {
"2025-10-17": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-10-19": {
"XAU": 0.000483,
"XAG": 0.0382
},
"2025-10-24": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
This endpoint provides a clear view of how prices have changed over a specified period, allowing for detailed analysis.
Convert Endpoint
The Convert Endpoint simplifies the process of converting amounts from one metal to another or to/from USD. For instance, a response might look like this:
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761267736,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This feature is particularly useful for traders who need to quickly assess the value of their holdings in different metals.
Fluctuation Endpoint
The Fluctuation Endpoint allows users to track rate fluctuations between two dates. An example response might look like this:
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-17",
"end_date": "2025-10-24",
"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
}
},
"unit": "per troy ounce"
}
This endpoint provides insights into market volatility, which can be critical for making trading decisions.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides detailed price data for a specific time period. A typical response might look like this:
{
"success": true,
"timestamp": 1761267736,
"base": "USD",
"date": "2025-10-24",
"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
}
},
"unit": "per troy ounce"
}
This data is essential for traders who rely on technical analysis to inform their strategies.
Bid/Ask Endpoint
The Bid/Ask Endpoint provides current bid and ask prices for metals, which are crucial for understanding market dynamics. An example response might look like this:
{
"success": true,
"timestamp": 1761267736,
"base": "USD",
"date": "2025-10-24",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
This information is vital for traders looking to execute orders at the best possible prices.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for accessing real-time and historical data on silver and other metals. By leveraging the capabilities of this API, developers can create powerful applications that provide valuable insights into market trends and price fluctuations. Whether you are a trader, analyst, or developer, understanding how to utilize these endpoints effectively can significantly enhance your ability to make informed decisions in the metals market.
For more detailed information on the API's features and capabilities, be sure to check out the Metals-API Documentation and explore the full list of available symbols on the Metals-API Supported Symbols page. With the right tools and data at your disposal, you can navigate the complexities of the silver market with confidence.