Get Invesco DB Precious Metals Fund (DBP) Historical Prices with Metals-API

Get Invesco DB Precious Metals Fund (DBP) Historical Prices with Metals-API
The Invesco DB Precious Metals Fund (DBP) is an investment vehicle that allows investors to gain exposure to precious metals like gold and silver. Understanding historical prices of these metals is crucial for making informed investment decisions. One of the most effective ways to access this data is through the Metals-API, a powerful tool that provides real-time and historical data on various metals. In this blog post, we will explore how to retrieve historical prices for DBP using Metals-API, along with an in-depth look at its features and capabilities.
Metals-API Information
Metals-API is a comprehensive JSON API that provides access to real-time and historical metal prices. With its advanced features, developers can integrate metal price data into their applications, enabling them to build innovative solutions that leverage real-time analytics and insights. The API supports a variety of endpoints that cater to different needs, from fetching the latest rates to accessing historical data.
About Neodymium (ND)
Neodymium, a rare earth metal, is increasingly becoming significant in various technological applications, particularly in the manufacturing of high-strength magnets used in electric vehicles, wind turbines, and consumer electronics. The digital transformation in metal markets is driven by technological innovations and advancements that allow for better data analytics and insights. As industries evolve, the integration of smart technology becomes essential for tracking metal prices and trends.
With the rise of data analytics, businesses can now leverage real-time data to make informed decisions. The future of metal markets is likely to see increased automation and the use of artificial intelligence to predict price fluctuations and market trends. This is where the Metals-API shines, providing developers with the tools they need to create applications that can analyze historical data and forecast future trends.
API Description
The Metals-API offers a suite of capabilities that empower developers to build next-generation applications. The API is designed to be user-friendly, with comprehensive documentation available at the Metals-API Documentation. This documentation provides detailed information on how to authenticate, make requests, and handle responses effectively.
One of the standout features of the Metals-API is its ability to deliver real-time data. Depending on your subscription plan, the API can return real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This allows developers to create applications that require up-to-the-minute pricing information.
Key Features and Endpoints
The Metals-API includes several key features and endpoints that enhance its functionality:
- Latest Rates Endpoint: This endpoint provides real-time exchange rates for all available metals. It is essential for applications that require current pricing information.
- Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This is particularly useful for analyzing trends over time.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, which is crucial for traders looking to make informed buying and selling decisions.
- Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates of their choice, making it easier to analyze price movements over specific periods.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is essential for jewelers and consumers alike.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, helping them identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is vital for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for investors in the region.
- News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1742861154,
"base": "USD",
"date": "2025-03-25",
"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": 1742774754,
"base": "USD",
"date": "2025-03-24",
"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": "2025-03-18",
"end_date": "2025-03-25",
"base": "USD",
"rates": {
"2025-03-18": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-03-20": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-03-25": {
"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": 1742861154,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-18",
"end_date": "2025-03-25",
"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) Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1742861154,
"base": "USD",
"date": "2025-03-25",
"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": 1742861154,
"base": "USD",
"date": "2025-03-25",
"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
In conclusion, the Invesco DB Precious Metals Fund (DBP) offers a valuable opportunity for investors to gain exposure to precious metals. By utilizing the Metals-API, developers can access a wealth of historical price data and real-time information that can enhance their investment strategies. The API's robust features, including the ability to retrieve historical rates, track fluctuations, and convert between metals, make it an essential tool for anyone involved in the precious metals market.
As the metal markets continue to evolve with technological advancements, the importance of having access to accurate and timely data cannot be overstated. By leveraging the capabilities of Metals-API, developers can create innovative applications that provide insights and analytics, ultimately leading to better decision-making in the world of precious metals.