Get LME Aluminium (LME-ALU) Historical Prices with Metals-API

Get LME Aluminium (LME-ALU) Historical Prices with Metals-API

In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. For developers and businesses looking to harness the power of real-time metals data, the Metals-API offers a robust solution. This blog post will delve into how to obtain historical prices for LME Aluminium (LME-ALU) using Metals-API, while also exploring the broader implications of digital transformation in metal markets, technological innovations, and the future of data analytics.

Metals-API Information

The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metal prices. With a focus on innovation and technological advancement, this API empowers users to build next-generation applications that can leverage data analytics and insights. By integrating smart technology, the Metals-API enables businesses to stay ahead of market trends and make informed decisions.

About Aluminium (ALU)

Aluminium, represented by the symbol LME-ALU, is one of the most widely used metals in the world. Its lightweight and corrosion-resistant properties make it ideal for various applications, from aerospace to automotive industries. As the market for aluminium continues to grow, understanding its historical pricing trends becomes essential for manufacturers, traders, and investors alike.

The digital transformation in metal markets has led to significant advancements in how data is collected, analyzed, and utilized. With the rise of data analytics, stakeholders can gain insights into market fluctuations, demand forecasts, and pricing trends. The integration of smart technology into these processes allows for real-time data updates, enabling businesses to react swiftly to market changes.

As we look to the future, the possibilities for technological innovation in the metal industry are vast. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to create applications that can analyze historical data, predict future trends, and optimize operations.

API Description

The Metals-API offers a comprehensive suite of features designed to meet the needs of developers and businesses. With capabilities that range from real-time price updates to historical data access, the API is a vital resource for anyone involved in the metal markets. The API's innovative design allows for seamless integration into existing systems, making it easier for developers to build applications that can leverage real-time data.

For detailed information on how to use the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, including how to access historical prices for LME Aluminium.

Key Features and Endpoints

The Metals-API includes several key features that enhance its functionality:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes. This feature is crucial for businesses that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, users can access historical pricing data for LME Aluminium, 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, 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 metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing trends over specific periods.
  • Fluctuation Endpoint: This endpoint provides information about how prices fluctuate on a day-to-day basis, helping users understand market volatility.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest price for a specific date, which is vital for understanding market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to retrieve the open, high, low, and close prices for a specific date, providing a comprehensive view of market performance.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols, dating back to 2008. This is particularly useful for analyzing long-term trends in LME Aluminium pricing.
  • API Key: Each user is provided with a unique API key that must be included in requests to authenticate access to the API.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a variety of endpoints, each providing different functionalities tailored to user needs.
  • Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users have access to the most up-to-date information.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint.
  • News Endpoint: This feature allows users to access the latest news articles related to various metals, keeping them informed about market developments.

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. This resource is invaluable for developers looking to integrate specific metal data into their applications.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1742184057,
    "base": "USD",
    "date": "2025-03-17",
    "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": 1742097657,
    "base": "USD",
    "date": "2025-03-16",
    "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": "2025-03-10",
    "end_date": "2025-03-17",
    "base": "USD",
    "rates": {
        "2025-03-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-03-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-03-17": {
            "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": 1742184057,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-03-10",
    "end_date": "2025-03-17",
    "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": 1742184057,
    "base": "USD",
    "date": "2025-03-17",
    "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": 1742184057,
    "base": "USD",
    "date": "2025-03-17",
    "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 and innovative solution for accessing historical prices of LME Aluminium (LME-ALU) and other metals. By leveraging the power of real-time data, developers can create applications that not only track current market conditions but also analyze historical trends to make informed decisions. The API's extensive features, including the latest rates, historical rates, and various conversion options, make it an invaluable resource for anyone involved in the metal markets.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation. Don't forget to check the Metals-API Supported Symbols page to familiarize yourself with the available metal symbols and their specifications.

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