Access Iridium (IRD) Historical Prices using this API for Financial Modelling

Access Iridium (IRD) Historical Prices using this API for Financial Modelling
In the ever-evolving landscape of financial markets, the ability to access real-time and historical data is paramount for informed decision-making. For those interested in the metal markets, particularly Iridium (IRD), leveraging the Metals-API can be a game-changer. This API not only provides historical prices but also empowers developers to create innovative applications that can analyze and model financial data effectively.
About Iridium (IRD)
Iridium, a rare and precious metal, has gained significant attention in various industries, including electronics, automotive, and aerospace. Its unique properties make it an essential component in high-performance applications. As the demand for Iridium continues to rise, understanding its market dynamics through data analytics becomes increasingly important. The digital transformation in metal markets is paving the way for technological innovations that enhance data accessibility and insights.
With the integration of smart technologies, developers can harness the power of data analytics to forecast trends, assess market conditions, and make strategic decisions. The future of Iridium trading is likely to be shaped by advancements in data processing and real-time analytics, allowing stakeholders to respond swiftly to market fluctuations.
Metals-API Overview
The Metals-API is a robust platform designed to provide comprehensive data on various metals, including Iridium. This API offers a suite of features that enable developers to access real-time and historical price data, making it an invaluable tool for financial modeling and analysis. The API's capabilities include:
- Real-time Exchange Rates: Access the latest rates for Iridium and other metals, updated frequently based on your subscription plan.
- Historical Rates: Retrieve historical price data dating back to 2019, allowing for in-depth analysis of market trends.
- Bid and Ask Prices: Get real-time bid and ask prices, essential for traders looking to make informed decisions.
- Currency Conversion: Easily convert amounts between different metals and currencies.
- Time-Series Data: Analyze price movements over specific time periods to identify trends.
- Fluctuation Tracking: Monitor how prices fluctuate over time, providing insights into market volatility.
- Open/High/Low/Close (OHLC) Data: Access detailed price information for specific time frames.
- News Updates: Stay informed with the latest news articles related to the metal markets.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data needs. Hereβs a closer look at some of the most significant features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for Iridium and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or even more frequently. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1760677284,
"base": "USD",
"date": "2025-10-17",
"rates": {
"IRD": 0.000482
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is essential for analyzing market trends over time. The Historical Rates endpoint allows you to query prices for Iridium dating back to 2019. This data can be invaluable for financial modeling, enabling developers to create predictive models based on past performance.
{
"success": true,
"timestamp": 1760590884,
"base": "USD",
"date": "2025-10-16",
"rates": {
"IRD": 0.000485
},
"unit": "per troy ounce"
}
Bid and Ask Endpoint
The Bid and Ask endpoint is a powerful feature that provides real-time bid and ask prices for Iridium. This information is critical for traders looking to execute buy or sell orders at optimal prices.
{
"success": true,
"timestamp": 1760677284,
"base": "USD",
"date": "2025-10-17",
"rates": {
"IRD": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"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 traders who deal with multiple metals and need to quickly calculate equivalent values.
{
"success": true,
"query": {
"from": "USD",
"to": "IRD",
"amount": 1000
},
"info": {
"timestamp": 1760677284,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series endpoint enables users to query the API for daily historical rates between two specified dates. This feature is invaluable for conducting trend analysis and understanding price movements over time.
{
"success": true,
"timeseries": true,
"start_date": "2025-10-10",
"end_date": "2025-10-17",
"base": "USD",
"rates": {
"2025-10-10": {
"IRD": 0.000485
},
"2025-10-12": {
"IRD": 0.000483
},
"2025-10-17": {
"IRD": 0.000482
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation endpoint provides insights into how prices fluctuate between two dates. This feature is essential for traders looking to understand market volatility and make informed decisions based on price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-10",
"end_date": "2025-10-17",
"base": "USD",
"rates": {
"IRD": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC endpoint allows users to retrieve open, high, low, and close prices for Iridium over a specified time period. This data is crucial for technical analysis and helps traders identify potential entry and exit points.
{
"success": true,
"timestamp": 1760677284,
"base": "USD",
"date": "2025-10-17",
"rates": {
"IRD": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Common Use Cases
The Metals-API can be utilized in various scenarios, including:
- Trading Platforms: Integrate real-time and historical data into trading platforms to provide users with comprehensive market insights.
- Financial Analysis Tools: Build analytical tools that leverage historical data to forecast future price movements.
- Investment Apps: Create applications that help investors track their portfolios and analyze the performance of metals like Iridium.
Conclusion
Accessing historical prices for Iridium (IRD) through the Metals-API is not just about retrieving data; it's about empowering developers to create innovative solutions that can transform the way we understand and interact with the metal markets. With features like real-time rates, historical data, and advanced analytics, the Metals-API stands out as a crucial tool for anyone involved in financial modeling and analysis.
As the market continues to evolve, the integration of smart technologies and data analytics will play a pivotal role in shaping the future of metal trading. By leveraging the capabilities of the Metals-API, developers can build next-generation applications that provide valuable insights and drive informed decision-making.
For more information, explore the Metals-API Documentation and discover the full range of supported symbols on the Metals-API Supported Symbols page. Start harnessing the power of real-time metals data today!