Docs/Sources/Silver Price Grounding Data

Silver Price Grounding Data

Get Current Silver Price

OperationalCredits 2 per callp50 647msFinance

Overview

Each request returns real-time silver prices calculated per gram, kilogram, and troy ounce, defaulting to USD with a timestamp and 24-hour price change. Paid plans can switch to any of 172 supported ISO currencies, retrieve 24-hour percentage changes, or pass an hourly flag to receive 24 historical hourly price points.

Live Test Silver Price Grounding Data Source →

The tool

Once your client is connected to the VerveContext server, this appears in its tool list as SilverPriceGroundingData. It is read-only and open-world — it fetches and never mutates anything on your side — so most clients call it without asking you to confirm.

Tool call
{
  "name": "SilverPriceGroundingData",
  "arguments": {}
}

Connecting

One server URL covers every source in the catalog, including this one. Authorization is OAuth: the client opens a browser once, and there is no key to paste into a config file.

{
  "mcpServers": {
    "vervecontext": {
      "url": "https://api.vervecontext.com/v1/mcp"
    }
  }
}

Per-client setup — Claude, Cursor, VS Code, ChatGPT — is on the MCP setup page.

Arguments

These are the properties on the tool's inputSchema, so a well-behaved client validates them before the call is made. Premium arguments are accepted on every plan but only take effect on plans that include them.

ArgumentTypeDescription
currencyOptionalPremiumstringThe currency to get the price in
default USD
hourlyOptionalPremiumbooleanInclude hourly price data for the past 24 hours

What the model gets back

The result carries a structuredContent object matching the tool's declared outputSchema, so a client reads fields without parsing prose. status is "ok" and error is null on success; a null field means the value was not available for that input, not that the call failed.

Result
{
  "status": "ok",
  "error": null,
  "data": {
    "currency": "USD",
    "gram": 1.58,
    "kilogram": 1584.07,
    "ounce": 49.27,
    "lastUpdated": "2026-02-07T12:00:00.000Z",
    "change24h": 0.42,
    "change24hPct": 0.86,
    "changeDirection": "up",
    "high24h": 49.55,
    "low24h": 48.8,
    "formatted": {
      "ounce": "$49.27",
      "gram": "$1.58",
      "kilogram": "$1,584.07",
      "ounceWords": "forty-nine dollars",
      "kilogramWords": "one thousand, five hundred eighty-four dollars"
    }
  }
}

Response fields

Paths are relative to data. Premium fields are absent rather than zeroed on plans that do not include them, so check for presence instead of comparing to 0.

FieldTypeExampleDescription
currencystringUSDISO 4217 currency code for price values
gramnumber1.58Silver price per gram in specified currency
kilogramnumber1584.07Silver price per kilogram in specified currency
ouncenumber49.27Silver price per troy ounce in specified currency
lastUpdatedstring2026-02-07T12:00:00.000ZISO 8601 timestamp of last price update
change24hnumber0.42Price change vs 24 hours ago in currency units
change24hPctPremiumnumber0.86Percentage price change vs 24 hours ago
changeDirectionstringupDirection of 24h change: up, down, or unchanged
high24hPremiumnumber49.55Highest price in the past 24 hours
low24hPremiumnumber48.8Lowest price in the past 24 hours
formattedobject{…}Prices formatted for display with the currency symbol and in words
formatted.ouncePremiumstring$49.27Formatted ounce price with currency symbol
formatted.gramPremiumstring$1.58Formatted gram price with currency symbol
formatted.kilogramPremiumstring$1,584.07Formatted kilogram price with currency symbol
formatted.ounceWordsPremiumstringforty-nine dollarsOunce price spelled out in words with currency
formatted.kilogramWordsPremiumstringone thousand, five hundred eighty-four dollarsKilogram price spelled out in words with currency

Why ground on it

A model can produce something that looks like this answer from its training data, and be confidently out of date or simply wrong. This source returns the current value in a shape you can check, which is the difference between an answer you can cite and one you have to hedge.

Point an evaluation at gram: it is the field most worth pinning a claim to, and it is either present and current or absent — never plausibly invented.

Failure modes

Errors come back as tool errors carrying a sentence the model can act on, not a bare status code. Error handling covers the full list.

StatusWhat it means
400 / 422The arguments did not validate. The message names the offending one.
401The OAuth session is invalid or expired — reconnect the server.
403Blocked by a key restriction or an IP allow-list. Never a bad identity.
404This source is not part of VerveContext. Check the catalog.
429Out of credits, or a brief rate limit. The message tells them apart.

A call costs 2 credits each time the tool actually runs; a model that reasons about the tool without calling it costs nothing.

Use cases

Bullion Store Checkout
Bullion dealers calculate live retail markups against current per-ounce spot silver rates during customer checkout to prevent selling below metal value.
Scrap Metal Valuation
When customers bring in scrap sterling silverware, pawnbrokers compute melt values on the spot using real-time price per gram metrics.
Precious Metals Portfolio Tracking
Portfolio tracking apps update silver holding balances and show day-over-day price direction indicators to keep investors informed of short-term volatility.
Industrial Material Pricing
Calculate contract fabrication estimates for silver-bearing electrical contacts and solar cell pastes by querying bulk kilogram rates at quote generation.

Other ways to use Silver Price Grounding Data

Set up Silver Price Grounding Data on VerveContext, or reach the same source a different way. Your VerveContext account and credits work on all of them — one key, one balance.

Call it as a REST APIOne HTTPS endpoint and an x-api-key header, with SDKs for Node, Python and .NET.APIVerve →Reference →
Give it to an AI agentConnect over MCP and your agent calls it as a native tool — Claude, Cursor, ChatGPT.VerveKit →Reference →
Google Sheets or ExcelA =VERVE() formula fills a column — no script, no export, recalculates in place.VerveSheets →Reference →

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