Implementing an API to Get Pune Silver (PUNE-XAG) Historical Prices
Implementing an API to Get Pune Silver (PUNE-XAG) Historical Prices
In the world of precious metals, silver (symbol: XAG) holds a significant place, not only as a valuable commodity but also as a critical component in various industrial applications. With the rise of technology and innovation in manufacturing, the demand for real-time data on silver prices has never been more crucial. This blog post will explore how to implement an API to retrieve historical prices of silver, specifically focusing on the Metals-API, a powerful tool for developers looking to integrate metals data into their applications.
About Silver (XAG)
Silver, known by its chemical symbol XAG, is not just a precious metal used for jewelry and investment; it plays a vital role in numerous industrial applications. From electronics to solar panels, silver's unique properties make it indispensable 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 digital market analysis of silver becomes increasingly important. Companies are leveraging data analytics to forecast trends, optimize production, and manage inventory effectively. This is where the Metals-API comes into play, providing developers with the tools necessary to access real-time and historical data on silver prices.
API Description
The Metals-API is a robust platform that offers developers access to real-time and historical metals data, including silver prices. With its innovative capabilities, the API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and make informed decisions based on accurate data.
One of the key advantages of the Metals-API is its ability to deliver data in a structured format, making it easy for developers to integrate into their applications. The API supports various endpoints, each designed to provide specific functionalities, from retrieving the latest rates to accessing historical data dating back to 2019.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Hereβs a detailed look at some of the most important features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for silver and other metals. Depending on your subscription plan, the data can be updated every 60 minutes or even more frequently. This is crucial for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical rates for silver dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, which is essential for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for silver. Understanding the bid-ask spread is vital for traders and investors looking to make informed decisions.
- Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for applications that deal with multiple currencies.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two specified dates. This is beneficial for analyzing price movements over time.
- Fluctuation Endpoint: This endpoint provides insights into how silver prices fluctuate on a day-to-day basis. Understanding these fluctuations can help in making strategic investment decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: This feature allows users to retrieve the open, high, low, and close prices for silver over a specified period, which is essential for technical analysis.
- Lowest/Highest Price Endpoint: Users can query the API to find the lowest and highest prices for silver over a given timeframe, aiding in market analysis.
- API Key: Each user is provided with a unique API key that must be included in requests to authenticate and authorize access to the data.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency and ease of use for developers.
- News Endpoint: Stay updated with the latest news articles related to silver and other metals, which can provide context to price movements and 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 how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints along with their expected JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1771719375,
"base": "USD",
"date": "2026-02-22",
"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": 1771632975,
"base": "USD",
"date": "2026-02-21",
"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": "2026-02-15",
"end_date": "2026-02-22",
"base": "USD",
"rates": {
"2026-02-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-22": {
"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": 1771719375,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-15",
"end_date": "2026-02-22",
"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": 1771719375,
"base": "USD",
"date": "2026-02-22",
"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": 1771719375,
"base": "USD",
"date": "2026-02-22",
"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
Implementing an API to get historical prices for silver (XAG) using the Metals-API is a powerful way to leverage real-time and historical data for various applications. The API's extensive features, including the latest rates, historical data, and conversion capabilities, provide developers with the tools necessary to create innovative solutions in the financial and industrial sectors.
By understanding the capabilities of the Metals-API and how to effectively utilize its endpoints, developers can build applications that not only track silver prices but also analyze market trends and make informed decisions. For further exploration, refer to the Metals-API Documentation and the Metals-API Supported Symbols page for a comprehensive understanding of the available features.
As the demand for accurate metals data continues to grow, the Metals-API stands out as a transformative tool for developers, enabling them to harness the power of real-time information and drive innovation in their applications.