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Access Rhenium (RHENIUM) prices using this API for accurate market data

Access Rhenium (RHENIUM) prices using this API for accurate market data

Access Rhenium (RHENIUM) prices using this API for accurate market data

Access Rhenium (RHENIUM) Prices Using This API for Accurate Market Data

In the rapidly evolving world of metal markets, having access to accurate and real-time data is crucial for developers and businesses alike. The Metals-API provides a powerful tool for accessing Rhenium (RHENIUM) prices and other metal market data, enabling developers to create applications that can leverage this information for various use cases. This blog post will explore the capabilities of the Metals-API, focusing on its innovative features, technical specifications, and how it can transform the way we interact with metal market data.

Metals-API Information

The Metals-API is a comprehensive solution designed to provide real-time and historical data for various metals, including Rhenium. As industries undergo digital transformation, the need for accurate and timely data has become paramount. The Metals-API stands out by offering a robust platform that integrates technological advancements and data analytics to deliver insights that can drive decision-making processes.

About Rhenium (RHENIUM)

Rhenium is a rare metal that plays a significant role in various high-tech applications, including aerospace and electronics. As industries continue to innovate, the demand for Rhenium is expected to grow, making it essential for developers to access accurate market data. The Metals-API facilitates this by providing real-time pricing, historical data, and analytical tools that can help businesses make informed decisions.

Digital transformation in metal markets is reshaping how businesses operate. With the integration of smart technologies and data analytics, companies can now gain insights into market trends and fluctuations. The Metals-API empowers developers to build next-generation applications that can analyze Rhenium prices, track historical trends, and predict future movements based on real-time data.

API Description

The Metals-API is designed to be user-friendly while offering extensive capabilities for developers. It provides a wide range of endpoints that allow users to access various types of data related to metals. From real-time pricing to historical trends, the API is a valuable resource for anyone looking to integrate metal market data into their applications.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can update this data every 60 minutes, every 10 minutes, or even more frequently. This ensures that users always have access to the most current information available.

For developers looking to analyze historical trends, the Metals-API offers historical rates dating back to 2019. By appending a specific date to the API request, users can retrieve historical pricing data for Rhenium and other metals, allowing for comprehensive analysis and reporting.

Another powerful feature is the Bid and Ask endpoint, which provides real-time bid and ask prices for metals. This is particularly useful for traders and businesses that need to make quick decisions based on current market conditions.

The API also includes a conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This feature is essential for businesses operating in multiple currencies or dealing with various metal types.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to serve specific needs. Here are some of the key features:

  • Latest Rates Endpoint: Access real-time exchange rates for all available metals. The response includes the base currency, date, and rates for various metals, including Rhenium.
  • Historical Rates Endpoint: Retrieve historical exchange rates for any date since 1999. This endpoint allows users to analyze past market trends and make informed predictions.
  • Bid and Ask Endpoint: Get current bid and ask prices for metals, providing crucial information for traders.
  • Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating transactions across different currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
  • Fluctuation Endpoint: Track rate fluctuations between two dates, providing insights into market volatility.
  • Open/High/Low/Close (OHLC) Price Endpoint: Get OHLC data for a specific time period, essential for traders looking to analyze market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, useful for long-term market analysis.
  • API Key: A unique key that is passed into the API base URL's access_key parameter, ensuring secure access to the API.
  • API Response: Exchange rates delivered by the Metals-API are by default relative to USD, providing a consistent reference point for users.
  • Supported Symbols Endpoint: A constantly updated endpoint returning all available currencies, ensuring users have access to the latest information.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Here are some examples of the JSON responses you can expect from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748055693,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "RHENIUM": 0.000482,
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747969293,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "RHENIUM": 0.000485,
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "base": "USD",
    "rates": {
        "2025-05-17": {
            "RHENIUM": 0.000485,
            "XAU": 0.000485,
            "XAG": 0.03825
        },
        "2025-05-19": {
            "RHENIUM": 0.000483,
            "XAU": 0.000483,
            "XAG": 0.0382
        },
        "2025-05-24": {
            "RHENIUM": 0.000482,
            "XAU": 0.000482,
            "XAG": 0.03815
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "RHENIUM",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748055693,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-17",
    "end_date": "2025-05-24",
    "base": "USD",
    "rates": {
        "RHENIUM": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1748055693,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "RHENIUM": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748055693,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "RHENIUM": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is a powerful tool for developers looking to access accurate and real-time data for Rhenium and other metals. With its extensive range of endpoints, the API provides the necessary tools to analyze market trends, track historical data, and make informed decisions. By leveraging the capabilities of the Metals-API, developers can create innovative applications that meet the demands of a rapidly changing market.

For more information on how to implement the Metals-API in your projects, visit the Metals-API Documentation. To explore the full list of supported symbols, check out the Metals-API Supported Symbols. For further details and to get started, visit the Metals-API Website.

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