Get Accurate LME Tin (LME-TIN) Prices in Multiple Currencies via this API Integration
Get Accurate LME Tin (LME-TIN) Prices in Multiple Currencies via this API Integration
In today's fast-paced financial landscape, having access to real-time data is crucial for businesses and developers alike. The Metals-API provides accurate LME Tin (LME-TIN) prices in various currencies, empowering developers to integrate this vital information into their applications seamlessly. This blog post will explore how Metals-API enables users to access precise tin prices, the technological advancements driving this integration, and the potential business applications that can arise from utilizing this powerful API.
About Tin (XSN)
Tin, represented by the symbol XSN, is a critical metal in various industries, including electronics, construction, and manufacturing. As the world moves towards digital transformation, the metal markets are also evolving. The integration of smart technology and data analytics is reshaping how businesses operate, allowing for better decision-making and enhanced operational efficiency.
Technological innovations in the metal markets have led to the development of APIs like Metals-API, which provide real-time data analytics and insights. This API allows developers to access accurate pricing information for tin and other metals, enabling them to build applications that can respond to market changes swiftly. By leveraging data analytics, businesses can forecast trends, manage inventory more effectively, and optimize their supply chains.
API Description
The Metals-API is designed to provide developers with the tools they need to access real-time and historical metal prices, including tin. With its robust capabilities, the API enables the creation of next-generation applications that can harness the power of real-time data. The API's features include:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This allows businesses to stay informed about the latest market conditions.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. This feature is invaluable for businesses looking to analyze past trends and make informed decisions based on historical data.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices, which are essential for traders and businesses involved in buying and selling metals.
- Convert Endpoint: Easily convert any amount from one currency to another, facilitating international transactions and pricing strategies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: Track how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is particularly useful for jewelers and precious metal traders.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified period, helping businesses identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The API features 14 endpoints, each providing different functionalities tailored to meet diverse business needs.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metal symbols.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.
Key Features and Their Applications
The Metals-API offers a wide range of features that can be leveraged for various business applications. For instance, the Latest Rates Endpoint can be utilized by trading platforms to provide users with up-to-date pricing information for tin and other metals. This real-time data can enhance user experience and improve trading decisions.
Similarly, the Historical Rates Endpoint allows businesses to analyze past price trends, which can be crucial for forecasting future movements. Companies in the manufacturing sector can use this data to optimize their procurement strategies, ensuring they purchase tin at the most favorable prices.
The Convert Endpoint is particularly useful for international businesses that deal with multiple currencies. By integrating this feature, companies can streamline their pricing strategies and enhance customer satisfaction by providing transparent pricing in their local currencies.
Moreover, the Fluctuation Endpoint can help businesses monitor market volatility, enabling them to make informed decisions about when to buy or sell metals. This capability is essential for traders who need to react quickly to market changes.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is vital for developers. Below are examples of how to use various endpoints and interpret their responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1769127910,
"base": "USD",
"date": "2026-01-23",
"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": 1769041510,
"base": "USD",
"date": "2026-01-22",
"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": "2026-01-16",
"end_date": "2026-01-23",
"base": "USD",
"rates": {
"2026-01-16": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-18": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-23": {
"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": 1769127910,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-16",
"end_date": "2026-01-23",
"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) Price Endpoint
Get OHLC data for a specific time period:
{
"success": true,
"timestamp": 1769127910,
"base": "USD",
"date": "2026-01-23",
"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": 1769127910,
"base": "USD",
"date": "2026-01-23",
"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
The Metals-API is a powerful tool for developers looking to integrate accurate LME Tin (LME-TIN) prices into their applications. By leveraging the API's extensive features, businesses can gain valuable insights into market trends, optimize their operations, and make informed decisions based on real-time data. The API's capabilities, such as the Latest Rates, Historical Rates, and Conversion endpoints, provide a comprehensive solution for accessing metal prices in multiple currencies.
As the metal markets continue to evolve, the integration of smart technology and data analytics will play a crucial role in shaping the future of the industry. By utilizing the Metals-API, developers can stay ahead of the curve and build applications that meet the demands of a rapidly changing market.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metal symbols. With the right tools and insights, businesses can thrive in the competitive landscape of the metal markets.