Understanding Ludhiana Silver (LUDH-XAG) Historical Prices: API Access Guide
Understanding Ludhiana Silver (LUDH-XAG) Historical Prices: API Access Guide
In the world of precious metals, silver holds a significant place, both as an investment and as a critical component in various industrial applications. The Ludhiana Silver (LUDH-XAG) is a symbol that represents silver trading in the market, and understanding its historical prices is essential for investors and developers alike. This blog post will delve into how to access historical prices of silver using the Metals-API, a powerful tool that provides real-time and historical data for various metals.
About Silver (XAG)
Silver, denoted by the symbol XAG, is not just a precious metal used for jewelry and coins; it plays a pivotal role in numerous industrial applications. From electronics to solar panels, silver's conductivity and reflectivity make it an invaluable resource. The integration of technology in manufacturing processes has led to innovations that enhance silver's utility, such as smart manufacturing techniques that optimize production efficiency.
Moreover, the digital market analysis of silver prices has become increasingly sophisticated, allowing investors to make informed decisions based on real-time data. The advent of supply chain technology has also transformed how silver is sourced and distributed, ensuring that market participants have access to the most accurate and timely information.
API Description
The Metals-API is designed to empower developers by providing a comprehensive suite of tools for accessing metals data. This API offers a range of endpoints that allow users to retrieve real-time and historical prices, making it an essential resource for anyone looking to build applications that require up-to-date information on metals.
With the Metals-API, developers can create next-generation applications that leverage real-time data to provide insights into market trends, price fluctuations, and historical performance. The API's capabilities extend beyond simple data retrieval; it enables users to analyze trends, track price movements, and even convert between different metal values.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to fulfill specific needs. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes or even more frequently. This is crucial for traders who need to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is essential for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices, giving you insight into the current market sentiment and helping you make informed trading decisions.
- Convert Endpoint: Easily convert any amount from one metal to another or to/from USD. This endpoint simplifies the process of understanding the value of metals in different contexts.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This is particularly useful for analyzing trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how prices fluctuate on a day-to-day basis, allowing you to understand market volatility.
- Carat Endpoint: Get information about gold rates by carat, which is essential for jewelers and investors in the gold market.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, helping you identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is critical for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is invaluable for understanding long-term trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API includes 14 endpoints, each providing different functionalities tailored to various user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring you have access to the latest symbols.
- 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
Understanding how to interact with the Metals-API is crucial for effective data retrieval. Below are examples of various endpoints and their responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1765375216,
"base": "USD",
"date": "2025-12-10",
"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": 1765288816,
"base": "USD",
"date": "2025-12-09",
"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": "2025-12-03",
"end_date": "2025-12-10",
"base": "USD",
"rates": {
"2025-12-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-10": {
"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": 1765375216,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-03",
"end_date": "2025-12-10",
"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": 1765375216,
"base": "USD",
"date": "2025-12-10",
"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": 1765375216,
"base": "USD",
"date": "2025-12-10",
"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
In conclusion, understanding the historical prices of Ludhiana Silver (LUDH-XAG) is crucial for investors and developers looking to leverage metals data for various applications. The Metals-API provides a robust framework for accessing real-time and historical data, enabling users to make informed decisions based on comprehensive market analysis.
With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion and fluctuation tools, developers can create applications that not only track prices but also analyze trends and forecast future movements. By utilizing the Metals-API Documentation, users can explore the full capabilities of the API and integrate it into their projects effectively.
For those interested in exploring the full range of available symbols, the Metals-API Supported Symbols page is an invaluable resource. By harnessing the power of the Metals-API, you can unlock the potential of metals data and drive innovation in your applications.