Fetch Rhenium (RHENIUM) Historical Prices with this API

Fetch Rhenium (RHENIUM) Historical Prices with this API
In the ever-evolving landscape of metal markets, the ability to access real-time and historical data is paramount for developers and businesses alike. One such powerful tool is the Metals-API, which provides comprehensive access to metal prices, including Rhenium (RHENIUM). This blog post will delve into the capabilities of the Metals-API, focusing on how to fetch historical prices for Rhenium and explore the transformative potential of this API in the context of digital transformation, technological innovation, and data analytics.
Metals-API Information
The Metals-API is a robust platform that offers real-time and historical pricing data for various metals. It is designed to empower developers to create applications that require accurate and timely information about metal prices. With the Metals-API, you can access a wide range of endpoints that provide different functionalities, making it an invaluable resource for anyone working in the metal markets.
About Rhenium (RHENIUM)
Rhenium is a rare and valuable metal known for its high melting point and exceptional resistance to wear and corrosion. It is primarily used in high-temperature superalloys and catalysts in the petroleum industry. As industries continue to innovate and evolve, the demand for Rhenium is expected to grow, making it essential for developers and businesses to have access to accurate pricing data.
Digital transformation in metal markets is reshaping how businesses operate. The integration of smart technologies and data analytics is enabling companies to make informed decisions based on real-time data. The Metals-API plays a crucial role in this transformation by providing developers with the tools they need to build next-generation applications that leverage historical and real-time metal pricing data.
API Description
The Metals-API is designed to provide developers with a seamless experience when accessing metal pricing data. It offers a variety of endpoints that cater to different needs, from fetching the latest rates to retrieving historical prices. The API's capabilities are built on a foundation of technological innovation, allowing users to harness the power of data analytics and insights.
For more detailed information about the API, you can visit the Metals-API Documentation. This resource provides comprehensive guidance on how to utilize the API effectively, including endpoint descriptions, parameter details, and example responses.
Key Features and Endpoints
The Metals-API offers several key features that enhance its usability and functionality. Here are some of the most notable endpoints:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. You can retrieve the latest prices for Rhenium and other metals, allowing you to stay informed about market fluctuations.
- Historical Rates Endpoint: Access historical rates for Rhenium dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is essential for trend analysis and forecasting.
- Bid And Ask Endpoint: This feature allows you to obtain real-time bid and ask prices for Rhenium. Understanding these prices is crucial for traders and investors looking to make informed decisions.
- Convert Endpoint: The conversion endpoint enables you to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses that deal with multiple currencies and need to calculate prices accurately.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how Rhenium prices fluctuate on a day-to-day basis. This data can help you understand market volatility and make strategic decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for Rhenium prices over a specified time period. This information is essential for traders looking to analyze market performance.
- Historical LME Endpoint: Access historical rates for LME symbols, including Rhenium, dating back to 2008. This endpoint is particularly useful for those involved in trading and investment.
- API Key: Your unique API key is required to access the Metals-API. This key ensures secure access to the data and helps manage usage limits.
- API Response: The API delivers exchange rates relative to USD by default. Understanding the structure of the API response is crucial for developers to effectively utilize the data.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, including Rhenium. You can refer to the Metals-API Supported Symbols page for a complete list.
- News Endpoint: Stay updated with the latest news articles related to various metals, including Rhenium. This feature helps you keep track of market trends and developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1749445324,
"base": "USD",
"date": "2025-06-09",
"rates": {
"RHENIUM": 0.000482
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1749358924,
"base": "USD",
"date": "2025-06-08",
"rates": {
"RHENIUM": 0.000485
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2025-06-02",
"end_date": "2025-06-09",
"base": "USD",
"rates": {
"2025-06-02": {
"RHENIUM": 0.000485
},
"2025-06-04": {
"RHENIUM": 0.000483
},
"2025-06-09": {
"RHENIUM": 0.000482
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD.
{
"success": true,
"query": {
"from": "USD",
"to": "RHENIUM",
"amount": 1000
},
"info": {
"timestamp": 1749445324,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-06-02",
"end_date": "2025-06-09",
"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
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1749445324,
"base": "USD",
"date": "2025-06-09",
"rates": {
"RHENIUM": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1749445324,
"base": "USD",
"date": "2025-06-09",
"rates": {
"RHENIUM": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
In conclusion, the Metals-API is an essential tool for developers and businesses looking to access historical prices for Rhenium and other metals. Its comprehensive range of endpoints allows for real-time data retrieval, historical analysis, and conversion capabilities, making it a versatile resource in the metal markets. By leveraging the power of the Metals-API, developers can create innovative applications that harness the potential of real-time data and analytics.
For further exploration of the API's capabilities, be sure to check out the Metals-API Website and refer to the Metals-API Documentation for detailed guidance on implementation. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available metal symbols, ensuring you have all the information you need to make informed decisions.