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Access Iron Ore 65% Fe (IRON65) Exchange Rates for API Integration in JSON Format

Access Iron Ore 65% Fe (IRON65) Exchange Rates for API Integration in JSON Format

Access Iron Ore 65% Fe (IRON65) Exchange Rates for API Integration in JSON Format

Access Iron Ore 65% Fe (IRON65) Exchange Rates for API Integration in JSON Format

In the rapidly evolving landscape of metal markets, the ability to access real-time exchange rates for commodities like Iron Ore (IRON65) is crucial for developers and businesses alike. Utilizing the Metals-API allows for seamless integration of exchange rate data into applications, enabling informed decision-making and strategic planning. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve exchange rates in JSON format, including sample API responses and integration tips.

About Iron Ore (IRON)

Iron Ore is a fundamental commodity in the global market, primarily used in steel production. As industries undergo digital transformation, the integration of technological innovations and data analytics becomes essential. The Metals-API empowers developers to harness real-time data, facilitating smart technology integration and providing insights that drive future trends in metal markets.

With the rise of data analytics, businesses can now analyze market trends, forecast prices, and optimize their operations based on accurate and timely information. The Metals-API serves as a bridge between raw data and actionable insights, allowing developers to create applications that can adapt to market fluctuations and provide users with the most relevant information.

API Description

The Metals-API is a powerful tool designed for developers looking to integrate metal prices and exchange rates into their applications. The API provides a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data and performing conversions. This flexibility allows developers to build next-generation applications that leverage real-time metals data.

One of the standout features of the Metals-API is its ability to deliver exchange rates relative to USD, ensuring that users have a consistent reference point. The API supports a wide range of metal symbols, including XAU (Gold), XAG (Silver), XPT (Platinum), and XPD (Palladium), among others. For a complete list of supported symbols, refer to the Metals-API Supported Symbols page.

Key Features and Endpoints

The Metals-API offers a comprehensive suite of endpoints, each designed to provide specific functionalities that cater to various use cases. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for applications that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This is particularly useful for analyzing trends over time and making informed predictions.
  • Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to make informed decisions based on current market conditions.
  • Convert Endpoint: This endpoint allows you to convert any amount from one metal to another or to/from USD, facilitating transactions and financial analysis.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed analysis of price movements over time.
  • Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility and trends.
  • Carat Endpoint: Retrieve information about Gold rates by Carat, which is essential for jewelers and those in the luxury goods market.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, helping traders identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period, which is crucial for technical analysis and trading strategies.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
  • API Key: Your unique API key is required for authentication and must be included in your requests to access the API's features.
  • API Response: The API delivers exchange rates in JSON format, making it easy to integrate into applications and process programmatically.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here are some sample API responses for various endpoints:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1769209646,
"base": "USD",
"date": "2026-01-23",
"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"
}

This response indicates the success of the request, the timestamp of the data, the base currency (USD), the date of the rates, and the current exchange rates for various metals.

Historical Rates Endpoint

{
"success": true,
"timestamp": 1769123246,
"base": "USD",
"date": "2026-01-22",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response provides historical exchange rates for a specific date, allowing users to analyze past market conditions.

Time-series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-01-16",
"end_date": "2026-01-23",
"base": "USD",
"rates": {
"2026-01-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-23": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This response shows the exchange rates for a specific time period, enabling users to visualize trends and fluctuations over time.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769209646,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or to/from USD, providing a straightforward way to handle transactions.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-16",
"end_date": "2026-01-23",
"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"
}

This response provides insights into how rates have fluctuated over a specified period, which is critical for traders and analysts.

OHLC (Open/High/Low/Close) Price Endpoint

{
"success": true,
"timestamp": 1769209646,
"base": "USD",
"date": "2026-01-23",
"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"
}

The OHLC data is essential for traders who rely on historical price movements to make informed decisions.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1769209646,
"base": "USD",
"date": "2026-01-23",
"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"
}

This endpoint provides the current bid and ask prices, which are crucial for traders looking to execute buy and sell orders effectively.

Integration Tips

Integrating the Metals-API into your application can significantly enhance its functionality. Here are some tips to ensure a smooth integration process:

  • Authentication: Always include your API key in the request to authenticate your application. This key is essential for accessing the API's features and should be kept secure.
  • Rate Limiting: Be aware of the rate limits associated with your subscription plan. Implement caching strategies to minimize unnecessary API calls and optimize performance.
  • Error Handling: Implement robust error handling to manage potential issues such as network errors or invalid requests. This will enhance user experience and application reliability.
  • Data Validation: Ensure that any data received from the API is validated before being processed. This helps prevent errors and ensures data integrity.
  • Performance Optimization: Consider using asynchronous requests to improve the responsiveness of your application, especially when dealing with multiple API calls.

Conclusion

Accessing Iron Ore 65% Fe (IRON65) exchange rates through the Metals-API provides developers with a powerful tool for integrating real-time data into their applications. By leveraging the various endpoints available, developers can create applications that not only provide current pricing information but also analyze historical trends, track fluctuations, and perform conversions.

As the metal markets continue to evolve, the importance of real-time data and analytics cannot be overstated. The Metals-API stands at the forefront of this transformation, enabling developers to harness the power of data to drive innovation and enhance decision-making processes. For more information on how to get started, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.

By integrating the Metals-API into your applications, you can stay ahead of the curve in the dynamic world of metal markets, ensuring that you have the insights needed to make informed decisions and drive your business forward.

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