Get Accurate Rhodium (XRH) Historical Prices using this API for Financial Modeling

In the ever-evolving landscape of financial markets, having access to accurate and real-time data is paramount for making informed decisions. This is particularly true for precious metals like Rhodium (XRH), where historical price data can significantly impact investment strategies and financial modeling. The Metals-API offers a robust solution for developers looking to integrate comprehensive metals data into their applications. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for Rhodium and other metals, while exploring the transformative potential of real-time metals data.

Understanding Molybdenum (MO) in the Context of Digital Transformation

While our primary focus is on Rhodium, it is essential to understand the broader context of metals like Molybdenum (MO) and their role in the digital transformation of metal markets. The integration of technology in metal trading has led to significant advancements in data analytics and insights. Developers can leverage these insights to create applications that not only track prices but also predict market trends based on historical data.

Technological innovation has paved the way for smart technology integration, allowing for real-time data processing and analysis. As we move towards a future where data-driven decision-making becomes the norm, the ability to access and analyze historical prices will be crucial. The Metals-API stands at the forefront of this transformation, providing developers with the tools needed to harness the power of metals data.

API Description

The Metals-API is a powerful JSON API that provides access to real-time and historical prices for various metals, including Rhodium (XRH). With a focus on innovation and technological advancement, this API empowers developers to build next-generation applications that can analyze and visualize metals data effectively. The API's capabilities extend beyond mere price retrieval; it offers a suite of features designed to enhance financial modeling and market analysis.

For detailed information on how to utilize the API, developers can refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of all available metal symbols, including Rhodium.

Key Features of Metals-API

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

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring you have the most current data at your fingertips.
Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is invaluable for financial modeling and trend analysis.
Bid and Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insight into market liquidity and pricing dynamics.
Convert Endpoint: The Metals-API includes a currency conversion feature, enabling you to convert amounts from one metal to another or to/from USD, facilitating seamless financial transactions.
Time-Series Endpoint: This endpoint allows you to query daily historical rates between two dates of your choice, making it easier to analyze price movements over specific periods.
Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
Carat Endpoint: Retrieve information about Gold rates by Carat, which is particularly useful for jewelers and investors in the jewelry market.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific date, helping you identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis and trading strategies.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for understanding long-term market trends.
API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
Available Endpoints: The Metals-API features 14 different endpoints, each providing distinct functionalities tailored to various user needs.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

Detailed API Endpoint Documentation

To illustrate the capabilities of the Metals-API, let’s explore some of the endpoints in detail, including their purpose, functionality, and example responses.

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. This is crucial for applications that require up-to-the-minute pricing information.

{
"success": true,
"timestamp": 1764954059,
"base": "USD",
"date": "2025-12-05",
"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"
}

In this response, the "rates" object contains the current prices for various metals, allowing developers to easily access and display this information in their applications.

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for any date since 1999. This is particularly useful for analyzing trends over time.

{
"success": true,
"timestamp": 1764867659,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response provides historical pricing data, which can be used for back-testing trading strategies or understanding market behavior over time.

Time-Series Endpoint

The Time-Series Endpoint enables users to retrieve exchange rates for a specific time period, making it easier to visualize price movements.

{
"success": true,
"timeseries": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"2025-11-28": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-30": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-05": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

This endpoint is particularly useful for developers looking to create visualizations or reports based on historical price trends.

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD, facilitating seamless financial transactions.

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764954059,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This response indicates the conversion of 1000 USD to its equivalent in Gold (XAU), showcasing the API's ability to handle currency conversions effectively.

Fluctuation Endpoint

The Fluctuation Endpoint tracks rate fluctuations between two dates, providing insights into market volatility.

{
"success": true,
"fluctuation": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"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"
}

This endpoint is invaluable for traders and analysts who need to understand how prices change over time, allowing for better forecasting and strategy development.

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific date, essential for technical analysis.

{
"success": true,
"timestamp": 1764954059,
"base": "USD",
"date": "2025-12-05",
"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"
}

This data is crucial for traders who rely on historical price patterns to make informed trading decisions.

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals, offering insights into market liquidity.

{
"success": true,
"timestamp": 1764954059,
"base": "USD",
"date": "2025-12-05",
"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"
}

This endpoint is particularly useful for traders looking to understand the current market conditions and make timely trading decisions.

Conclusion

In conclusion, the Metals-API provides a comprehensive suite of tools for developers looking to access accurate Rhodium (XRH) historical prices and other metals data. By leveraging the various endpoints offered by the API, developers can create powerful applications that enhance financial modeling, market analysis, and trading strategies. The ability to access real-time and historical data empowers users to make informed decisions based on accurate insights.

As the digital transformation of metal markets continues, the importance of integrating advanced data analytics and smart technology cannot be overstated. The Metals-API stands as a beacon of innovation in this space, offering developers the resources they need to thrive in a data-driven world. For more information on how to get started, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation.

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Get Accurate Rhodium (XRH) Historical Prices using this API for Financial Modeling