Get Graphite Europe (EU-GR) pricing data with this API

Introduction

In the rapidly evolving landscape of metal markets, having access to real-time pricing data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for obtaining accurate and timely pricing information for various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, key features, and how it can transform the way developers interact with metal market data.

Understanding Tellurium (TE) and Its Markets

While this post focuses on the Metals-API, it's essential to understand the broader context of the metal markets, particularly the role of Tellurium (TE). As a critical element in various technological applications, Tellurium is gaining traction in industries such as renewable energy and electronics. The digital transformation in metal markets is driven by technological innovation and advancements in data analytics, enabling stakeholders to make informed decisions based on real-time insights.

The integration of smart technology into metal trading is reshaping the landscape, allowing for more efficient transactions and better market predictions. As we look to the future, the possibilities for Tellurium and other metals are vast, with trends indicating a growing demand for sustainable and efficient metal usage.

API Description

The Metals-API is designed to empower developers to build next-generation applications that require real-time metals data. With its robust capabilities, the API allows users to access a wealth of information about metal prices, historical data, and conversion rates. The API's innovative approach to data delivery ensures that developers can create applications that are not only functional but also scalable and efficient.

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data, updated frequently based on the user's subscription plan. This means that whether you are developing a trading platform, a financial analysis tool, or an e-commerce site that deals in precious metals, the Metals-API can meet your needs.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to cater to specific needs within the metal market. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is crucial for applications that require up-to-the-minute pricing information.

{
    "success": true,
    "timestamp": 1746496821,
    "base": "USD",
    "date": "2025-05-06",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

For developers needing historical data, the Historical Rates Endpoint allows access to exchange rates dating back to 2019. By appending a specific date to the API call, users can retrieve past pricing information, which is invaluable for trend analysis and forecasting.

{
    "success": true,
    "timestamp": 1746410421,
    "base": "USD",
    "date": "2025-05-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid and Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for metals. This information is crucial for traders looking to make informed decisions based on current market conditions.

{
    "success": true,
    "timestamp": 1746496821,
    "base": "USD",
    "date": "2025-05-06",
    "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"
}

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 transactions or reporting.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746496821,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is essential for analyzing price trends over time and making data-driven decisions.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-29",
    "end_date": "2025-05-06",
    "base": "USD",
    "rates": {
        "2025-04-29": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-01": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-06": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. This data is vital for traders and analysts looking to understand market volatility.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-29",
    "end_date": "2025-05-06",
    "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"
}

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

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and understanding market trends.

{
    "success": true,
    "timestamp": 1746496821,
    "base": "USD",
    "date": "2025-05-06",
    "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"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in the London Metal Exchange pricing data.

{
    "success": true,
    "timestamp": 1746410421,
    "base": "USD",
    "date": "2025-05-05",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

API Key and Authentication

To access the Metals-API, users must obtain an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.

API Response Structure

The API delivers exchange rates relative to USD by default. Each response includes a success status, a timestamp, the base currency, the date of the data, and the rates for the requested metals. Understanding the structure of the API response is crucial for developers to effectively parse and utilize the data.

Available Endpoints

The Metals-API offers a comprehensive range of endpoints, each providing different functionalities. Developers can explore the full list of supported symbols and their specifications on the Metals-API Supported Symbols page.

Gold Price India Endpoint

For those interested in the Indian market, the Gold Price India Endpoint allows users to retrieve the latest gold prices specifically for India. This feature is particularly useful for businesses operating in the Indian precious metals market.

News Endpoint

The News Endpoint enables users to access the latest news articles related to various metals. Staying updated with market news is essential for making informed trading decisions.

Conclusion

The Metals-API is a transformative tool for developers working in the metal markets. With its extensive range of endpoints and real-time data capabilities, it empowers users to build applications that can analyze, predict, and respond to market changes effectively. By leveraging the API's features, developers can create innovative solutions that enhance trading strategies and improve decision-making processes.

For more information on how to implement the Metals-API in your projects, be sure to check out the Metals-API Documentation. This resource provides detailed guidance on using the API, including endpoint descriptions, parameter details, and example responses. As the metal markets continue to evolve, staying informed and equipped with the right tools will be key to success.