Fetch Ruthenium (RUTH) prices using this API

In the rapidly evolving landscape of digital finance, the ability to access real-time data is paramount. For developers and businesses involved in the metals market, having accurate and timely information about metal prices is crucial. This is where the Metals-API comes into play, offering a robust solution for fetching Ruthenium (RUTH) prices and other metal data. In this blog post, we will explore the capabilities of the Metals-API, its key features, and how it can empower developers to create innovative applications in the metals market.

Understanding Ruthenium (RUTH) and Its Markets

Ruthenium is a rare transition metal that is part of the platinum group. It is primarily used in electronics, chemical applications, and as a catalyst in various industrial processes. The demand for Ruthenium has been steadily increasing due to its unique properties, making it a valuable asset in the global market. As the digital transformation continues to reshape the metals industry, the integration of smart technologies and data analytics is becoming essential for market participants.

Digital Transformation in Metal Markets

The metals market is undergoing significant changes driven by technological advancements. Digital platforms are enabling real-time trading, automated analytics, and enhanced transparency. Developers can leverage APIs like Metals-API to access comprehensive data sets, allowing them to build applications that provide insights into market trends, price fluctuations, and historical data.

Technological Innovation and Advancement

With the rise of big data and machine learning, the metals industry is embracing innovative solutions that enhance decision-making processes. The Metals-API provides developers with the tools to harness this data, enabling them to create applications that can predict market movements and optimize trading strategies.

Data Analytics and Insights

Data analytics plays a crucial role in understanding market dynamics. By utilizing the Metals-API, developers can access historical rates, real-time prices, and other critical data points. This information can be used to generate reports, visualize trends, and inform investment decisions.

Smart Technology Integration

Integrating smart technologies into the metals market can lead to improved efficiency and accuracy. The Metals-API allows for seamless integration with other platforms, enabling developers to create comprehensive solutions that enhance user experience and operational effectiveness.

Future Trends and Possibilities

As the metals market continues to evolve, the potential for innovation is vast. The Metals-API positions developers to capitalize on emerging trends, such as the increasing demand for sustainable metals and the integration of blockchain technology for enhanced traceability.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including Ruthenium. This API is built to support a wide range of applications, from trading platforms to analytical tools, and is characterized by its ease of use and comprehensive data offerings. With a focus on innovation and technological advancement, the Metals-API empowers developers to build next-generation applications that can transform the way metals data is utilized.

For more detailed information, you can visit the Metals-API Documentation, which provides extensive guidance on how to implement the API effectively.

Key Features and Endpoints

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

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. This feature is essential for applications that require up-to-the-minute pricing information. For example, developers can retrieve the latest prices for Ruthenium and other metals, allowing users to make informed trading decisions.

{
        "success": true,
        "timestamp": 1760576439,
        "base": "USD",
        "date": "2025-10-16",
        "rates": {
            "RUTH": 0.000482
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is crucial for analyzing market trends over time. The Historical Rates endpoint allows developers to query past prices for Ruthenium and other metals dating back to 2019. This data can be invaluable for creating reports and conducting market analysis.

{
        "success": true,
        "timestamp": 1760490039,
        "base": "USD",
        "date": "2025-10-15",
        "rates": {
            "RUTH": 0.000485
        },
        "unit": "per troy ounce"
    }

Bid and Ask Endpoint

The Bid and Ask endpoint provides real-time bid and ask prices for metals, which is essential for traders looking to execute orders at the best possible prices. This feature allows developers to build applications that can display current market conditions for Ruthenium and other metals.

{
        "success": true,
        "timestamp": 1760576439,
        "base": "USD",
        "date": "2025-10-16",
        "rates": {
            "RUTH": {
                "bid": 0.000481,
                "ask": 0.000483,
                "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 applications that require currency conversion for trading or reporting purposes.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "RUTH",
            "amount": 1000
        },
        "info": {
            "timestamp": 1760576439,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is beneficial for analyzing price movements over specific periods, helping traders identify trends and make informed decisions.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-10-09",
        "end_date": "2025-10-16",
        "base": "USD",
        "rates": {
            "2025-10-09": {
                "RUTH": 0.000485
            },
            "2025-10-11": {
                "RUTH": 0.000483
            },
            "2025-10-16": {
                "RUTH": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation endpoint allows users to track how metal prices fluctuate between two dates. This feature is essential for understanding market volatility and can be used to inform trading strategies.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-10-09",
        "end_date": "2025-10-16",
        "base": "USD",
        "rates": {
            "RUTH": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC Price endpoint provides open, high, low, and close prices for a specific time period. This data is crucial for traders looking to analyze market performance and make strategic decisions.

{
        "success": true,
        "timestamp": 1760576439,
        "base": "USD",
        "date": "2025-10-16",
        "rates": {
            "RUTH": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME endpoint provides access to historical rates for LME symbols dating back to 2008. This feature is particularly useful for developers looking to analyze long-term trends in the metals market.

API Key and Response

To access the Metals-API, developers must use an API key, which is passed into the API base URL's access_key parameter. The API delivers exchange rates relative to USD by default, ensuring consistency across responses.

Available Endpoints

The Metals-API offers a total of 14 endpoints, each providing different functionalities. Developers can explore the Metals-API Supported Symbols page for a comprehensive list of available symbols and their specifications.

Conclusion

The Metals-API is a transformative tool for developers in the metals market, providing access to real-time and historical data that can drive innovation and efficiency. By leveraging its extensive features, including the Latest Rates, Historical Rates, and Bid/Ask endpoints, developers can create powerful applications that enhance trading strategies and market analysis. As the industry continues to evolve, the integration of smart technologies and data analytics will be crucial for staying competitive. For more information on how to implement the Metals-API, visit the Metals-API Website and explore the documentation to get started.