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Get Iridium (IRD) prices using this API

Get Iridium (IRD) prices using this API

Get Iridium (IRD) prices using this API

Get Iridium (IRD) Prices Using This API

In the rapidly evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. One of the most intriguing metals in this arena is Iridium (IRD), a rare and valuable metal known for its high resistance to corrosion and high melting point. As digital transformation continues to reshape industries, the integration of advanced technologies and data analytics into metal trading is becoming increasingly important. In this blog post, we will explore the capabilities of the Metals-API, which provides developers with the tools needed to access real-time prices and historical data for Iridium and other metals.

About Iridium (IRD)

Iridium is one of the densest elements and is often used in high-temperature applications, electrical contacts, and spark plugs. Its rarity and unique properties make it a valuable asset in various industries, including aerospace, electronics, and automotive. As the demand for Iridium continues to grow, driven by technological advancements and the push for sustainable solutions, having access to accurate pricing data becomes essential.

The digital transformation in metal markets is characterized by the integration of smart technologies and data analytics. Developers can leverage real-time data to create applications that provide insights into market trends, enabling businesses to make informed decisions. The Metals-API serves as a powerful tool for developers looking to tap into this potential.

API Description

The Metals-API is designed to provide developers with comprehensive access to real-time and historical metal prices, including Iridium. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and convert currencies seamlessly. With its robust capabilities, the Metals-API stands out as a transformative tool in the realm of metal trading.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even every 10 minutes. This ensures that developers have access to the most current information, which is vital for making timely trading decisions.

Additionally, the API offers a Historical Rates Endpoint, allowing users to access historical pricing data dating back to 2019. This feature is particularly useful for developers looking to analyze long-term trends and patterns in the metal markets. By appending a specific date to the API request, users can retrieve historical rates for Iridium and other metals.

Another powerful feature is the Bid and Ask Endpoint, which provides real-time bid and ask prices for metals. This functionality is crucial for traders who need to understand the current market conditions and make informed decisions based on the latest pricing information.

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature simplifies the process of currency conversion, making it easier for developers to integrate this functionality into their applications.

For those interested in analyzing price trends over time, the Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is invaluable for developers looking to create applications that visualize price movements and trends over time.

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. By tracking rate fluctuations between two dates, developers can gain a deeper understanding of market volatility and make more informed trading decisions.

Moreover, the Metals-API includes a Carat Endpoint, which allows users to retrieve information about gold rates by carat. This feature is particularly useful for jewelers and retailers who need to price their products accurately based on gold content.

For those looking to analyze market extremes, the Lowest/Highest Price Endpoint allows users to query the API for the lowest and highest prices within a specified timeframe. This information can be critical for traders looking to identify optimal buying or selling opportunities.

The Open/High/Low/Close (OHLC) Price Endpoint provides users with detailed pricing data, including the opening, high, low, and closing prices for a specific time period. This data is essential for technical analysis and can help traders identify trends and make predictions about future price movements.

Additionally, the Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for developers looking to analyze long-term trends in the London Metal Exchange.

To access the Metals-API, developers must use their unique API key, which is passed into the API base URL's access_key parameter. This key ensures secure access to the API and allows developers to manage their usage effectively.

The API response delivers exchange rates relative to USD by default, providing a standardized format for users. All data is returned in JSON format, making it easy for developers to integrate into their applications.

Key Features and Endpoints

The Metals-API offers a wide range of features and endpoints that cater to the needs of developers working with metal pricing data. Here are some of the key features:

  • Latest Rates Endpoint: Get real-time exchange rates for all available metals, including Iridium. The response includes the latest rates updated based on your subscription plan.
  • Historical Rates Endpoint: Access historical exchange rates for any date since 2019, allowing for in-depth analysis of market trends.
  • Bid and Ask Endpoint: Retrieve current bid and ask prices for metals, providing insights into market conditions.
  • Convert Endpoint: Convert any amount from one metal to another or to/from USD, simplifying the currency conversion process.
  • Time-Series Endpoint: Query the API for daily historical rates between two dates, enabling trend analysis.
  • Fluctuation Endpoint: Track rate fluctuations between two dates, gaining insights into market volatility.
  • Carat Endpoint: Retrieve information about gold rates by carat, useful for jewelers and retailers.
  • Lowest/Highest Price Endpoint: Get the lowest and highest prices within a specified timeframe, identifying optimal trading opportunities.
  • Open/High/Low/Close (OHLC) Price Endpoint: Access detailed pricing data for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
  • API Key: Secure access to the API using a unique API key.
  • API Response: Standardized JSON format for easy integration.
  • Available Endpoints: A comprehensive list of all available endpoints, each providing different functionalities.
  • Supported Symbols Endpoint: A constantly updated endpoint returning all available currencies.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint.
  • News Endpoint: Get the latest news articles related to various metals.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1746666271,
    "base": "USD",
    "date": "2025-05-08",
    "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": 1746579871,
    "base": "USD",
    "date": "2025-05-07",
    "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": "2025-05-01",
    "end_date": "2025-05-08",
    "base": "USD",
    "rates": {
        "2025-05-01": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-03": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-08": {
            "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": 1746666271,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-01",
    "end_date": "2025-05-08",
    "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": 1746666271,
    "base": "USD",
    "date": "2025-05-08",
    "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": 1746666271,
    "base": "USD",
    "date": "2025-05-08",
    "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 Metals-API provides a comprehensive solution for developers looking to access real-time and historical pricing data for Iridium and other metals. With its robust features, including the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion options, developers can create powerful applications that analyze market trends and facilitate informed trading decisions. The integration of smart technology and data analytics into metal markets is paving the way for a more efficient and transparent trading environment.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation for detailed guidance on implementation and usage. To explore the full range of supported symbols, check out the Metals-API Supported Symbols page. Embrace the future of metal trading with the power of real-time data at your fingertips!

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