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Access Rhenium (RHENIUM) pricing information through this API

Access Rhenium (RHENIUM) pricing information through this API

Access Rhenium (RHENIUM) pricing information through this API

Access Rhenium (RHENIUM) Pricing Information Through This API

In the rapidly evolving landscape of metal markets, having access to real-time pricing information is crucial for developers and businesses alike. The Metals-API provides a robust solution for accessing Rhenium (RHENIUM) pricing data, along with a wealth of information about various metals. This blog post will delve into the capabilities of the Metals-API, focusing on its innovative features, technical specifications, and how it empowers developers to create next-generation applications.

Metals-API Information

The Metals-API is designed to facilitate seamless access to real-time and historical pricing data for a wide range of metals, including Rhenium. As the metal markets undergo digital transformation, the API stands out by integrating advanced data analytics, smart technology, and innovative solutions that enhance decision-making processes. By leveraging this API, developers can harness the power of data to build applications that provide insights into market trends and pricing fluctuations.

About Rhenium (RHENIUM)

Rhenium is a rare metal known for its high melting point and exceptional resistance to corrosion. As industries increasingly rely on advanced materials, the demand for Rhenium is expected to grow. The digital transformation in metal markets is paving the way for technological innovations that allow for better tracking and analysis of metal prices. With the Metals-API, developers can access real-time data analytics and insights that can inform their strategies and operations.

Technological advancements in the field of data analytics have made it possible to integrate smart technology into metal trading platforms. The Metals-API exemplifies this integration by providing developers with the tools necessary to create applications that can analyze market trends, predict price movements, and optimize trading strategies. The future of metal markets is bright, with the potential for increased automation and enhanced decision-making capabilities driven by real-time data.

API Description

The Metals-API is a powerful tool that allows developers to access a wide array of functionalities related to metal pricing. Its capabilities include real-time exchange rate data, historical pricing information, and various endpoints that cater to different needs. The API is designed with innovation in mind, enabling developers to build applications that can transform how businesses interact with metal markets.

For more detailed information, you can visit the Metals-API Documentation, which provides comprehensive guidance on how to utilize the API effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have the resources they need to succeed.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, each designed to meet specific needs of developers and businesses. Here are some of the key features:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is beneficial for analyzing price movements over specific periods.
  • Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis. This endpoint is crucial for understanding market volatility and making informed trading decisions.
  • Carat Endpoint: Access information about gold rates by carat. This feature is particularly useful for jewelers and businesses in the luxury goods sector.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date range, helping businesses identify market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, offering a comprehensive view of market performance.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is essential for businesses that rely on LME pricing.
  • API Key: Your unique API key is required to access the API's functionalities. This key is passed into the API base URL's access_key parameter.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API includes a variety of endpoints, each providing different functionalities tailored to specific needs.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available metal symbols, allowing developers to stay informed about the latest offerings.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for businesses operating in the Indian market.
  • News Endpoint: Stay updated with the latest news articles related to various metals, helping businesses stay informed about market trends and developments.

For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1749082244,
    "base": "USD",
    "date": "2025-06-05",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999.

{
    "success": true,
    "timestamp": 1748995844,
    "base": "USD",
    "date": "2025-06-04",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "base": "USD",
    "rates": {
        "2025-05-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-31": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-05": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749082244,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-29",
    "end_date": "2025-06-05",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1749082244,
    "base": "USD",
    "date": "2025-06-05",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals.

{
    "success": true,
    "timestamp": 1749082244,
    "base": "USD",
    "date": "2025-06-05",
    "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"
}

Conclusion

The Metals-API is a transformative tool for developers looking to access real-time and historical pricing information for Rhenium and other metals. By leveraging its innovative features, businesses can gain valuable insights into market trends, optimize their trading strategies, and enhance their decision-making processes. The API's comprehensive documentation and extensive capabilities make it an essential resource for any developer working in the metal markets.

For further exploration, visit the Metals-API Website to learn more about its offerings and how it can benefit your business. With the right tools and data at your disposal, the future of metal trading is bright, and the potential for growth and innovation is limitless.

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