Access Copper (XCU) prices using this API
Access Copper (XCU) Prices Using This API
In the rapidly evolving world of finance and commodities, having access to real-time data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for accessing copper (XCU) prices and other metal data, enabling developers to create innovative applications that leverage real-time insights. This blog post will explore the significance of copper in the metal markets, the transformative capabilities of the Metals-API, and how developers can utilize its features to build next-generation applications.
Metals-API Information
About Copper (XCU)
Copper, represented by the symbol XCU, is one of the most widely used metals in various industries, including construction, electronics, and renewable energy. As the world moves towards digital transformation, the demand for copper continues to rise, driven by technological innovations such as electric vehicles and smart technology integration. The ability to access real-time copper prices through APIs like Metals-API is essential for businesses looking to stay competitive in the market.
Technological advancements have made it possible to analyze vast amounts of data related to copper prices, allowing for better decision-making and forecasting. Data analytics and insights derived from real-time data can help businesses optimize their operations, manage risks, and identify future trends in the copper market. As we look ahead, the integration of smart technologies and data-driven strategies will play a pivotal role in shaping the future of the metal markets.
API Description
The Metals-API is designed to empower developers by providing access to real-time metals data, including copper prices. This API allows for seamless integration into applications, enabling users to retrieve the latest rates, historical data, and perform various analyses. With its innovative features, the Metals-API is transforming how businesses interact with metal market data.
One of the key advantages of the Metals-API is its ability to deliver real-time data updates, which can be customized based on subscription plans. This flexibility allows developers to choose the frequency of updates that best suits their application needs, whether itβs every 60 minutes or every 10 minutes. The API also supports a wide range of endpoints, each designed to cater to specific data retrieval needs, making it a comprehensive tool for any developer working with metals data.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, each with its own unique applications. Here are some of the most notable features:
Latest Rates Endpoint
The Latest Rates Endpoint allows developers to access real-time exchange rate data for copper and other metals. Depending on the subscription plan, this endpoint can return updated rates every 60 minutes or more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1770855354,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XCU": 0.294118
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is crucial for market analysis and trend forecasting. The Historical Rates Endpoint allows developers to query historical data dating back to 2019. By appending a specific date to the API request, users can retrieve past pricing information, which can be invaluable for understanding market movements.
{
"success": true,
"timestamp": 1770768954,
"base": "USD",
"date": "2026-02-11",
"rates": {
"XCU": 0.290000
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for copper and other metals. This feature is particularly useful for traders and investors who need to make informed decisions based on current market conditions. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller is willing to accept.
{
"success": true,
"timestamp": 1770855354,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XCU": {
"bid": 0.293000,
"ask": 0.295000,
"spread": 0.002000
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XCU",
"amount": 1000
},
"info": {
"timestamp": 1770855354,
"rate": 0.294118
},
"result": 294.118,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query daily historical rates between two specified dates. This feature is essential for analyzing trends over time and understanding how copper prices fluctuate.
{
"success": true,
"timeseries": true,
"start_date": "2026-02-05",
"end_date": "2026-02-12",
"base": "USD",
"rates": {
"2026-02-05": {
"XCU": 0.290000
},
"2026-02-12": {
"XCU": 0.294118
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how copper prices fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-05",
"end_date": "2026-02-12",
"base": "USD",
"rates": {
"XCU": {
"start_rate": 0.290000,
"end_rate": 0.294118,
"change": 0.004118,
"change_pct": 1.42
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows developers to retrieve the open, high, low, and close prices for copper over a specified time period. This data is essential for technical analysis and understanding market trends.
{
"success": true,
"timestamp": 1770855354,
"base": "USD",
"date": "2026-02-12",
"rates": {
"XCU": {
"open": 0.290000,
"high": 0.295000,
"low": 0.289000,
"close": 0.294118
}
},
"unit": "per troy ounce"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This feature is particularly useful for users interested in historical data from the London Metal Exchange.
{
"success": true,
"timestamp": 1770768954,
"base": "USD",
"date": "2026-02-11",
"rates": {
"XCU": 0.290000
},
"unit": "per troy ounce"
}
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols, including copper (XCU), gold (XAU), silver (XAG), platinum (XPT), and palladium (XPD). For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
Conclusion
In conclusion, the Metals-API offers a robust solution for accessing real-time copper prices and other metal data, empowering developers to create innovative applications that leverage this information. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API provides comprehensive capabilities for analyzing and utilizing metal market data. As the demand for copper continues to grow, integrating such APIs into applications will be essential for businesses looking to stay ahead in the competitive landscape.
For more information on how to implement these features and access the full capabilities of the Metals-API, be sure to check out the Metals-API Documentation. By harnessing the power of real-time data, developers can unlock new possibilities and drive innovation in the metal markets.