Get LME Copper (LME-XCU) price updates daily using this API

Get LME Copper (LME-XCU) Price Updates Daily Using This API

In today's fast-paced financial landscape, staying updated with real-time data is crucial for making informed decisions, especially in the metals market. The LME Copper (LME-XCU) is a key player in the global commodities market, and leveraging the right tools can significantly enhance your trading strategies. This blog post delves into the capabilities of the Metals-API, which provides comprehensive data on copper and other metals, empowering developers to build innovative applications that harness real-time insights.

Metals-API Information

About Copper (XCU)

Copper, represented by the symbol XCU, is one of the most widely used industrial metals, playing a pivotal role in various sectors, including construction, electronics, and renewable energy. As the world moves towards digital transformation, the copper market is also evolving, driven by technological innovations and advancements. The integration of smart technologies and data analytics is reshaping how traders and investors interact with market data.

With the rise of data-driven decision-making, the demand for real-time insights into copper prices has surged. The Metals-API addresses this need by providing developers with the tools to access up-to-date information on copper prices, historical data, and market trends. This API not only enhances transparency in the metals market but also enables users to make informed trading decisions based on accurate data.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical data for various metals, including copper. It empowers developers to create applications that can track price fluctuations, analyze trends, and convert currencies seamlessly. The API's capabilities are built on a foundation of technological advancement, ensuring that users have access to the most accurate and timely information available.

For more detailed information, you can visit the Metals-API Documentation, which outlines the various features and endpoints available for developers. The API is designed with flexibility in mind, allowing users to tailor their data requests according to their specific needs.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data needs. Here’s a closer look at some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for copper and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or even every 10 minutes. This feature is essential for traders who need to react quickly to market changes.
• Historical Rates Endpoint: Access historical rates for copper dating back to 2019. By appending a specific date to your query, you can retrieve past data to analyze trends and make informed predictions.
• Bid And Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for copper. Understanding the bid-ask spread is crucial for traders looking to optimize their entry and exit points.
• Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is invaluable for conducting in-depth analyses over specific periods.
• Fluctuation Endpoint: Track how copper prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make strategic decisions.
• Lowest/Highest Price Endpoint: Retrieve the lowest and highest prices for copper over a specified period. This information can guide traders in identifying potential entry points.
• Open/High/Low/Close (OHLC) Price Endpoint: Get comprehensive OHLC data for copper, which is essential for technical analysis and understanding market trends.
• Historical LME Endpoint: Access historical rates for LME symbols, including copper, dating back to 2008. This endpoint is crucial for long-term trend analysis.
• API Key: Your unique API key is required for authentication and must be included in your requests to access the data.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metals and their specifications, ensuring that developers have access to the latest information.
• News Endpoint: Stay updated with the latest news articles related to copper and other metals, helping you stay informed about market developments.

For a complete list of all supported symbols, refer to the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective integration. Below are examples of responses you can expect from various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for copper and other metals:

{
    "success": true,
    "timestamp": 1752940827,
    "base": "USD",
    "date": "2025-07-19",
    "rates": {
        "XCU": 0.294118
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for copper:

{
    "success": true,
    "timestamp": 1752854427,
    "base": "USD",
    "date": "2025-07-18",
    "rates": {
        "XCU": 0.293000
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

Get exchange rates for copper over a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-07-12",
    "end_date": "2025-07-19",
    "base": "USD",
    "rates": {
        "2025-07-12": {
            "XCU": 0.295000
        },
        "2025-07-19": {
            "XCU": 0.294118
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XCU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1752940827,
        "rate": 0.294118
    },
    "result": 294.118,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations for copper:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-12",
    "end_date": "2025-07-19",
    "base": "USD",
    "rates": {
        "XCU": {
            "start_rate": 0.295000,
            "end_rate": 0.294118,
            "change": -0.000882,
            "change_pct": -0.30
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for copper:

{
    "success": true,
    "timestamp": 1752940827,
    "base": "USD",
    "date": "2025-07-19",
    "rates": {
        "XCU": {
            "open": 0.295000,
            "high": 0.296000,
            "low": 0.293000,
            "close": 0.294118
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for copper:

{
    "success": true,
    "timestamp": 1752940827,
    "base": "USD",
    "date": "2025-07-19",
    "rates": {
        "XCU": {
            "bid": 0.293000,
            "ask": 0.295000,
            "spread": 0.002000
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time copper price data into their applications. With its extensive range of endpoints, the API not only provides current rates but also historical data, bid/ask prices, and conversion capabilities. By leveraging this API, developers can create robust applications that enhance trading strategies and provide users with the insights they need to navigate the metals market effectively.

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 and usage. Stay ahead in the metals market by utilizing the power of real-time data!