Fetch LME Copper (LME-XCU) Historical Prices through this API

Introduction

In the ever-evolving landscape of financial markets, the demand for accurate and timely data has never been more critical. For those interested in the metal markets, particularly in tracking the historical prices of copper, the Metals-API offers a robust solution. This API provides developers with the tools necessary to fetch historical prices for copper (LME-XCU) and other metals, enabling the creation of innovative applications that leverage real-time data analytics and insights.

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. As the world shifts towards digital transformation, the copper market is witnessing significant changes driven by technological innovation and advancements. The integration of smart technologies and data analytics is reshaping how traders, manufacturers, and investors interact with copper prices.

The digital transformation in metal markets is not just about efficiency; it’s about creating a more transparent and responsive trading environment. With the rise of data analytics, stakeholders can gain deeper insights into market trends, price fluctuations, and demand forecasts. This is where the Metals-API comes into play, providing a powerful platform for accessing historical and real-time data on copper and other metals.

API Description

The Metals-API is designed to empower developers to build next-generation applications that require real-time metals data. With its comprehensive set of features, the API allows users to access a wealth of information about metal prices, including historical rates, latest rates, and conversion capabilities. By leveraging this API, developers can create applications that not only track prices but also analyze trends and make informed decisions based on data-driven insights.

For detailed information on how to get started, refer to the Metals-API Documentation, which provides comprehensive guidance on using the API effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the metal trading community. Here’s a closer look at some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated at intervals depending on your subscription plan. This endpoint is crucial for traders who need to stay informed about the current market conditions. For example, a developer can set up an application that alerts users when copper prices reach a certain threshold, allowing for timely trading decisions.

{
    "success": true,
    "timestamp": 1749967261,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XCU": 0.294118
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for copper dating back to 2019. This feature is particularly useful for analysts and researchers who need to study price trends over time. By appending a specific date to the API call, users can retrieve historical data and perform in-depth analyses.

{
    "success": true,
    "timestamp": 1749880861,
    "base": "USD",
    "date": "2025-06-14",
    "rates": {
        "XCU": 0.292000
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint provides real-time bid and ask prices for copper. This feature is essential for traders who need to understand the market's current buying and selling prices. By integrating this endpoint into trading platforms, developers can enhance user experience by providing up-to-date pricing information.

{
    "success": true,
    "timestamp": 1749967261,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XCU": {
            "bid": 0.293000,
            "ask": 0.295000,
            "spread": 0.002000
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert Endpoint allows users to convert amounts from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to perform conversions regularly.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XCU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749967261,
        "rate": 0.294118
    },
    "result": 294.118,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for trend analysis and forecasting, allowing users to visualize price movements over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-08",
    "end_date": "2025-06-15",
    "base": "USD",
    "rates": {
        "2025-06-08": {
            "XCU": 0.290000
        },
        "2025-06-15": {
            "XCU": 0.294118
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how copper prices fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed trading decisions based on historical price movements.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-08",
    "end_date": "2025-06-15",
    "base": "USD",
    "rates": {
        "XCU": {
            "start_rate": 0.290000,
            "end_rate": 0.294118,
            "change": 0.004118,
            "change_pct": 1.42
        }
    },
    "unit": "per troy ounce"
}

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

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for copper over a specified time period. This data is crucial for technical analysis, enabling traders to identify trends and make predictions based on historical performance.

{
    "success": true,
    "timestamp": 1749967261,
    "base": "USD",
    "date": "2025-06-15",
    "rates": {
        "XCU": {
            "open": 0.290000,
            "high": 0.295000,
            "low": 0.289000,
            "close": 0.294118
        }
    },
    "unit": "per troy ounce"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols, including copper, dating back to 2008. This endpoint is particularly valuable for users who need to analyze long-term trends and make strategic decisions based on historical data.

{
    "success": true,
    "timestamp": 1749880861,
    "base": "USD",
    "date": "2025-06-14",
    "rates": {
        "XCU": 0.292000
    },
    "unit": "per troy ounce"
}

API Key and Response

Your API Key is a unique identifier that must be included in your API requests to authenticate your access. The API response will deliver exchange rates relative to USD by default, ensuring consistency across all data retrieved.

Use Cases and Applications

The versatility of the Metals-API allows for a wide range of applications across various sectors. Here are some practical use cases:

Financial Trading Platforms

Developers can integrate the Metals-API into financial trading platforms, providing users with real-time data on copper prices. This integration can enhance trading strategies by allowing users to set alerts based on price movements, analyze historical trends, and make informed trading decisions.

Market Analysis Tools

Analysts can utilize the API to create market analysis tools that visualize price trends and fluctuations over time. By leveraging the time-series and fluctuation endpoints, these tools can provide insights into market volatility and help users identify potential investment opportunities.

Supply Chain Management

Businesses involved in the supply chain can use the Metals-API to monitor copper prices and make informed purchasing decisions. By accessing historical data, companies can negotiate better contracts and optimize their inventory management based on price trends.

Conclusion

The Metals-API is a powerful tool for developers and businesses looking to harness the potential of real-time metals data. With its comprehensive set of features, including the ability to fetch historical prices for copper (LME-XCU), the API empowers users to create innovative applications that drive efficiency and insights in the metal markets.

As the industry continues to evolve, leveraging data analytics and smart technology integration will be crucial for staying competitive. By utilizing the Metals-API, developers can build applications that not only track prices but also analyze trends and provide actionable insights, paving the way for a more informed and responsive trading environment.

For more information on how to get started, visit the Metals-API Website and explore the Metals-API Supported Symbols for a comprehensive list of available metals.