Explore ways to Get Ruthenium (RUTH) prices using this API effectively

Introduction

In the ever-evolving landscape of metal markets, the demand for real-time data and analytics has never been more critical. As developers and businesses seek to harness the power of data, understanding how to effectively retrieve and utilize Ruthenium (RUTH) prices through the Metals-API becomes essential. This blog post will explore the capabilities of the Metals-API, focusing on its innovative features, endpoints, and how it can empower developers to create next-generation applications in the metal markets.

Metals-API Information

About Ruthenium (RUTH)

Ruthenium, represented by the symbol RUTH, is a rare transition metal that is part of the platinum group. It is primarily used in electronics, catalysts, and various industrial applications. As the world moves towards digital transformation, the metal markets are also undergoing significant changes. The integration of smart technology and data analytics is revolutionizing how traders and businesses interact with metal prices.

Technological advancements have enabled the collection and analysis of vast amounts of data, providing insights that were previously unattainable. The Metals-API plays a crucial role in this transformation by offering real-time access to metal prices, including Ruthenium. This API allows developers to build applications that can track price fluctuations, analyze historical data, and convert between different metal currencies seamlessly.

API Description

The Metals-API is a powerful tool designed for developers looking to integrate metal price data into their applications. It provides real-time and historical data for various metals, including Ruthenium, Gold, Silver, Platinum, and Palladium. With its comprehensive set of features, the Metals-API enables users to access critical information that can drive decision-making and strategy in the metal markets.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that developers have access to the most current information, allowing them to react swiftly to market changes. Furthermore, the API's historical data capabilities allow users to analyze trends and make informed predictions about future price movements.

For more information about the API's capabilities, visit the Metals-API Documentation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the metal market. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on the subscription plan. Developers can easily retrieve the latest prices for Ruthenium and other metals, ensuring they have the most accurate information at their fingertips.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API request, developers can analyze past price movements and trends, which is crucial for making informed trading decisions.
• Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is essential for traders looking to optimize their buying and selling strategies.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals and currencies. This is particularly useful for businesses operating in multiple markets.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates. It is ideal for analyzing price trends over specific periods.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make better decisions.
• Carat Endpoint: This feature allows users to retrieve information about Gold rates by Carat, which is essential for jewelers and gold traders.
• Lowest/Highest Price Endpoint: Users can query the API to obtain the lowest and highest prices for a specified date, which is useful for identifying market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing traders to analyze market performance.
• Historical LME Endpoint: Users can access historical rates for LME symbols dating back to 2008, providing a long-term view of price movements.
• API Key: Each user is assigned a unique API key that must be included in requests to authenticate and authorize access to the API.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API offers a comprehensive list of endpoints, each designed to provide specific functionalities to meet user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users can access the latest information.
• Gold Price India Endpoint: Users can retrieve the latest gold prices in India, which is particularly relevant for traders in that market.
• News Endpoint: This feature allows users to access the latest news articles related to various metals, keeping them informed about market developments.

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.

API Endpoint Examples and Responses

Understanding the structure of API responses is crucial for developers looking to integrate the Metals-API into their applications. Below are examples of responses for various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1751947221,
    "base": "USD",
    "date": "2025-07-08",
    "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": 1751860821,
    "base": "USD",
    "date": "2025-07-07",
    "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": "2025-07-01",
    "end_date": "2025-07-08",
    "base": "USD",
    "rates": {
        "2025-07-01": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-03": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-08": {
            "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": 1751947221,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-01",
    "end_date": "2025-07-08",
    "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": 1751947221,
    "base": "USD",
    "date": "2025-07-08",
    "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": 1751947221,
    "base": "USD",
    "date": "2025-07-08",
    "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

In conclusion, the Metals-API provides a robust and versatile platform for accessing real-time and historical data on Ruthenium and other metals. By leveraging its various endpoints, developers can create applications that not only track prices but also analyze trends, convert currencies, and gain insights into market fluctuations. The API's capabilities empower businesses to make informed decisions and stay ahead in a competitive landscape.

For developers looking to integrate this powerful tool into their applications, understanding the API's features and how to utilize them effectively is crucial. By exploring the Metals-API Documentation, developers can gain a deeper understanding of the API's functionalities and how to implement them in their projects.

As the metal markets continue to evolve, staying informed and utilizing advanced data analytics will be key to success. The Metals-API is an essential resource for any developer looking to harness the power of real-time metal data.