Get Lithium carbonate (LITH-CAR) Historical Prices with Metals-API

Get Lithium Carbonate (LITH-CAR) Historical Prices with Metals-API

About Lithium (LITHIUM)

Metals-API Overview

Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features of Metals-API

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes or more frequently. This feature is crucial for traders who need to stay informed about current market conditions.
• Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API call, users can retrieve historical price data for lithium carbonate, allowing for in-depth analysis of price trends over time.
• Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one currency to another, facilitating seamless transactions across different markets.
• Time-Series Endpoint: Users can query the API for daily historical rates between two specified dates, enabling comprehensive analysis of price movements over time.
• Fluctuation Endpoint: This endpoint provides information about how prices fluctuate on a day-to-day basis, offering insights into market volatility and trends.
• Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and traders in the precious metals market.
• Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for a specific time period, providing a comprehensive view of market performance.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, making it a valuable resource for long-term market analysis.
• API Key: Each user is assigned a unique API key that must be included in API requests to authenticate and authorize access.
• API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The API offers a variety of endpoints, each designed to provide specific functionalities tailored to user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies, ensuring users have access to the latest data.
• Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for traders in the Indian market.
• News Endpoint: The Metals-API allows users to retrieve the latest news articles related to various metals, keeping them informed about market developments.

Understanding API Responses

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1742446814,
    "base": "USD",
    "date": "2025-03-20",
    "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"
}

• success: Indicates whether the API request was successful.
• timestamp: The time at which the data was retrieved.
• base: The base currency for the exchange rates (USD in this case).
• date: The date for which the rates are applicable.
• rates: An object containing the exchange rates for various metals.
• unit: The unit of measurement for the rates (per troy ounce).

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1742360414,
    "base": "USD",
    "date": "2025-03-19",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-03-13",
    "end_date": "2025-03-20",
    "base": "USD",
    "rates": {
        "2025-03-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-20": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1742446814,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-13",
    "end_date": "2025-03-20",
    "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

{
    "success": true,
    "timestamp": 1742446814,
    "base": "USD",
    "date": "2025-03-20",
    "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

{
    "success": true,
    "timestamp": 1742446814,
    "base": "USD",
    "date": "2025-03-20",
    "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"
}

Practical Use Cases and Integration Strategies

• Trading Platforms: Developers can build trading platforms that utilize real-time and historical data to enable users to make informed trading decisions based on market trends.
• Market Analysis Tools: By leveraging the historical rates and fluctuation endpoints, developers can create analytical tools that provide insights into price movements and market volatility.
• Financial Applications: Financial institutions can integrate Metals-API to provide clients with up-to-date information on metal prices, enhancing their service offerings.
• Research and Development: Researchers can utilize the API to gather data for studies related to market trends, pricing strategies, and economic forecasts.

Performance Optimization and Security Considerations

• Rate Limiting: Be aware of the API's rate limits and implement caching strategies to minimize unnecessary API calls, enhancing performance and reducing costs.
• Data Validation: Ensure that all data received from the API is validated and sanitized to prevent security vulnerabilities.
• Error Handling: Implement robust error handling mechanisms to gracefully manage API errors and provide users with meaningful feedback.
• Authentication: Use secure methods for storing and transmitting your API key to prevent unauthorized access.

Conclusion

Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals.