Access SMM Copper Cathode (SMM-XCU) prices using this API

Access SMM Copper Cathode (SMM-XCU) Prices Using This API

In the rapidly evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. The Metals-API provides a robust solution for accessing SMM Copper Cathode (SMM-XCU) prices, along with a wealth of other metal data. This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, the significance of copper in the market, and how developers can leverage this API to build innovative applications.

Metals-API Information

The Metals-API is a powerful tool designed for developers who need accurate and timely information about metal prices. It offers a variety of endpoints that allow users to retrieve current rates, historical data, and much more. The API is particularly valuable in the context of digital transformation within the metal markets, where technological innovation and data analytics play a pivotal role in decision-making processes.

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. Its demand is driven by technological advancements and the push for sustainable solutions. As industries increasingly rely on data analytics and smart technology integration, the need for real-time copper pricing becomes paramount.

The digital transformation in metal markets has led to innovative approaches in how data is collected, analyzed, and utilized. With the rise of IoT devices and smart technology, businesses can now monitor copper prices and market trends in real-time, enabling them to make informed decisions quickly. The Metals-API plays a crucial role in this transformation, providing developers with the tools they need to access and manipulate metal pricing data effectively.

API Description

The Metals-API is designed to empower developers to create next-generation applications that require real-time metals data. Its capabilities include:

Real-time Data Access: The API provides real-time exchange rate data, allowing users to stay updated with the latest market trends.
Historical Data: Users can access historical rates dating back to 2019, enabling comprehensive analysis of market trends over time.
Bid and Ask Prices: The API offers real-time bid and ask prices, which are essential for traders and investors looking to make informed decisions.
Currency Conversion: The API includes a conversion endpoint that allows users to convert amounts between different metals or to/from USD.
Time-Series Data: Developers can query the API for daily historical rates between two dates, providing insights into price movements over time.
Fluctuation Tracking: The fluctuation endpoint allows users to track how prices change over specific periods, which is vital for risk management.

For detailed documentation on how to implement these features, visit the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to fulfill specific needs:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for applications that require up-to-the-minute pricing information.

{
    "success": true,
    "timestamp": 1749254585,
    "base": "USD",
    "date": "2025-06-07",
    "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. This feature is particularly useful for analysts and researchers who need to study price trends over time.

{
    "success": true,
    "timestamp": 1749168185,
    "base": "USD",
    "date": "2025-06-06",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

This powerful feature enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders who need to make quick decisions based on market conditions.

{
    "success": true,
    "timestamp": 1749254585,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

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 businesses that deal with multiple currencies and need to streamline their operations.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749254585,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing trends and making forecasts based on historical data.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "base": "USD",
    "rates": {
        "2025-05-31": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-02": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-07": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

Using the fluctuation endpoint, users can retrieve information about how currencies fluctuate on a day-to-day basis. This is essential for understanding market volatility and making informed trading decisions.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-31",
    "end_date": "2025-06-07",
    "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"
}

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

The OHLC endpoint provides users with the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make informed decisions.

{
    "success": true,
    "timestamp": 1749254585,
    "base": "USD",
    "date": "2025-06-07",
    "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"
}

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

The Metals-API is an invaluable resource for developers looking to access real-time and historical data on metals, including SMM Copper Cathode (SMM-XCU) prices. By leveraging the API's various endpoints, developers can create applications that provide insights into market trends, facilitate trading, and enhance decision-making processes. As the metal markets continue to evolve, the integration of advanced data analytics and smart technology will be essential for staying competitive. For more information on how to implement these features, visit the Metals-API Documentation and explore the possibilities that this powerful API offers.

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Access SMM Copper Cathode (SMM-XCU) prices using this API