The Easiest Way to Get Hyderabad Silver (XAG-HYDE) Historical Rates Using API Access
The Easiest Way to Get Hyderabad Silver (XAG-HYDE) Historical Rates Using API Access
In the rapidly evolving world of finance and commodities, having access to accurate and real-time data is crucial for making informed decisions. For those interested in silver trading, particularly the Hyderabad Silver (XAG-HYDE), utilizing the Metals-API can provide a seamless way to access historical rates and current market data. This blog post will guide you through the process of retrieving historical prices for XAG-HYDE using the Metals-API, detailing the various endpoints, parameters, and data formats available.
About Silver (XAG)
Silver, represented by the symbol XAG, is not only a precious metal but also a vital component in various industrial applications. Its unique properties make it indispensable in sectors such as electronics, solar energy, and medical technologies. The innovation surrounding silver extends beyond its physical properties; advancements in technology have transformed how silver is mined, processed, and traded. The digital market analysis of silver has become increasingly sophisticated, allowing traders and investors to make data-driven decisions.
Moreover, the integration of smart manufacturing technologies and supply chain innovations has revolutionized the silver market. As industries continue to adopt these technologies, the demand for real-time data becomes paramount. This is where the Metals-API comes into play, empowering developers and businesses to build next-generation applications that leverage real-time metals data.
API Description
The Metals-API is a powerful tool that provides access to a wide range of metals data, including silver. It offers various endpoints that allow users to retrieve real-time and historical data, making it an essential resource for developers and traders alike. The API is designed to be user-friendly, with comprehensive documentation available at the Metals-API Documentation. This documentation outlines the capabilities of the API, including how to authenticate, the available endpoints, and the structure of the data returned.
One of the key features of the Metals-API is its ability to provide historical rates for most currencies dating back to 2019. This is particularly useful for traders looking to analyze trends and make predictions based on past performance. The API also supports a variety of symbols, which can be explored in detail on the Metals-API Supported Symbols page.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each serving a unique purpose. Here are some of the most significant ones:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes or more frequently depending on your subscription plan. For example, a request to this endpoint might return the current price of silver in USD.
- Historical Rates Endpoint: Users can access historical rates for any date since 1999. By appending a specific date to the endpoint, you can retrieve the price of silver on that date, which is invaluable for trend analysis.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing strategies.
- Convert Endpoint: This endpoint enables users to convert amounts from one metal to another or to/from USD, facilitating easier calculations for traders.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates, allowing for comprehensive analysis over a specified period.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, helping traders understand market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: This feature allows users to retrieve the open, high, low, and close prices for a specific time period, which is essential for technical analysis.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specific date, which can be useful for identifying market extremes.
- Historical LME Endpoint: This endpoint provides historical rates for LME symbols dating back to 2008, allowing for a broader analysis of market trends.
- API Key: Your API Key is essential for accessing the API and must be included in your requests to authenticate your access.
- API Response: The API returns exchange rates relative to USD by default, with all data structured in a consistent JSON format.
- News Endpoint: This feature allows users to retrieve the latest news articles related to various metals, keeping traders informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective data retrieval. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
To get real-time exchange rates for all available metals, you can use the following endpoint:
GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY
Example Response:
{
"success": true,
"timestamp": 1763442056,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
To access historical exchange rates for any date since 1999, use the following endpoint:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=2025-11-17
Example Response:
{
"success": true,
"timestamp": 1763355656,
"base": "USD",
"date": "2025-11-17",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Time-Series Endpoint
To get exchange rates for a specific time period, use the following endpoint:
GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=2025-11-11&end_date=2025-11-18
Example Response:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-11",
"end_date": "2025-11-18",
"base": "USD",
"rates": {
"2025-11-11": {
"XAU": 0.000485,
"XAG": 0.03825
},
"2025-11-18": {
"XAU": 0.000482,
"XAG": 0.03815
}
},
"unit": "per troy ounce"
}
Convert Endpoint
To convert any amount from one metal to another or to/from USD, use the following endpoint:
GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=XAG&amount=1000
Example Response:
{
"success": true,
"query": {
"from": "USD",
"to": "XAG",
"amount": 1000
},
"info": {
"timestamp": 1763442056,
"rate": 0.03815
},
"result": 38.15,
"unit": "troy ounces"
}
Fluctuation Endpoint
To track rate fluctuations between two dates, use the following endpoint:
GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=2025-11-11&end_date=2025-11-18
Example Response:
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-11",
"end_date": "2025-11-18",
"base": "USD",
"rates": {
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
To get OHLC data for a specific time period, use the following endpoint:
GET https://metals-api.com/api/open-high-low-close?access_key=YOUR_API_KEY&date=2025-11-18
Example Response:
{
"success": true,
"timestamp": 1763442056,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
To get current bid and ask prices for metals, use the following endpoint:
GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY
Example Response:
{
"success": true,
"timestamp": 1763442056,
"base": "USD",
"date": "2025-11-18",
"rates": {
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing historical rates for Hyderabad Silver (XAG-HYDE) has never been easier, thanks to the comprehensive capabilities of the Metals-API. By leveraging the various endpoints available, developers can retrieve real-time data, analyze historical trends, and integrate this information into their applications seamlessly. Whether you are a trader looking to optimize your strategies or a developer building a financial application, the Metals-API provides the tools necessary to succeed in the dynamic world of metals trading.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation. Don't forget to check out the Metals-API Supported Symbols page to familiarize yourself with the various metal symbols available for trading.