Get Rhodium (XRH) Historical Prices with Metals-API

Get Rhodium (XRH) Historical Prices with Metals-API

In the rapidly evolving world of metal markets, the demand for accurate and real-time data has never been higher. One of the most sought-after metals in recent years is Rhodium (XRH), known for its rarity and significant applications in various industries, particularly in catalytic converters for automobiles. To effectively track and analyze the historical prices of Rhodium, developers can leverage the powerful capabilities of the Metals-API. This blog post will delve into the features of Metals-API, focusing on how to obtain historical prices for Rhodium and explore the broader implications of digital transformation in the metal markets.

Metals-API Information

Metals-API is a robust platform that provides real-time and historical data for various metals, including Rhodium. The API is designed to empower developers to create innovative applications that can analyze market trends, perform data analytics, and integrate smart technology into their solutions. With the increasing reliance on data-driven decision-making, the Metals-API stands out as a transformative tool that can enhance the way businesses operate in the metal industry.

About Rhodium (XRH)

Rhodium is a precious metal that has gained prominence due to its unique properties and applications. As a key component in catalytic converters, it plays a crucial role in reducing harmful emissions from vehicles. The digital transformation in metal markets has led to a surge in the demand for accurate pricing data, and Rhodium is no exception. The technological advancements in data analytics allow stakeholders to gain insights into market fluctuations, making it essential for developers to access reliable historical price data.

With the Metals-API, developers can seamlessly integrate Rhodium pricing data into their applications, enabling them to track market trends and make informed decisions. The API's capabilities extend beyond mere data retrieval; it allows for the integration of smart technology that can analyze and predict future trends based on historical data.

API Description

The Metals-API offers a comprehensive suite of features that cater to the needs of developers looking to access metal pricing data. The API is designed with innovation in mind, providing real-time data that can be utilized in various applications, from financial analysis to inventory management. The transformative potential of real-time metals data cannot be overstated, as it empowers developers to build next-generation applications that can adapt to market changes swiftly.

For detailed information on how to utilize the API, developers can refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities. The API supports a wide range of metal symbols, including Rhodium, and developers can access a complete list of these symbols on the Metals-API Supported Symbols page.

Key Features and Endpoints

The Metals-API provides several key features that enhance its usability for developers:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated at intervals of 60 minutes, 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Developers can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, users can retrieve the historical price of Rhodium, allowing for in-depth market analysis.
  • Bid and Ask Endpoint: This powerful feature enables developers to retrieve real-time bid and ask prices for Rhodium, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint that allows users to convert any amount from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
  • Time-Series Endpoint: This endpoint allows developers to query the API for daily historical rates between two dates of their choice, facilitating comprehensive trend analysis over time.
  • Fluctuation Endpoint: Users can track how Rhodium prices fluctuate on a day-to-day basis, providing valuable insights into market volatility.
  • Carat Endpoint: This feature allows developers to retrieve information about Gold rates by Carat, which can be useful for applications dealing with precious metals.
  • Lowest/Highest Price Endpoint: This endpoint enables users to query the API to get the lowest and highest price of Rhodium over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Developers can access the open, high, low, and close prices for Rhodium, which is crucial for technical analysis.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for extensive historical analysis.
  • API Key: Each user is assigned a unique API key that must be included in the API requests to authenticate and authorize access to the data.
  • 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 designed to provide specific functionalities tailored to the needs of developers.
  • Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies, ensuring that developers have access to the latest information.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold prices in India, which can be useful for regional applications.
  • News Endpoint: The Metals-API includes a news feature that retrieves the latest articles related to various metals, keeping developers informed about market trends.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for developers. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1744869616,
    "base": "USD",
    "date": "2025-04-17",
    "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": 1744783216,
    "base": "USD",
    "date": "2025-04-16",
    "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": "2025-04-10",
    "end_date": "2025-04-17",
    "base": "USD",
    "rates": {
        "2025-04-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-17": {
            "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": 1744869616,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-10",
    "end_date": "2025-04-17",
    "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": 1744869616,
    "base": "USD",
    "date": "2025-04-17",
    "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": 1744869616,
    "base": "USD",
    "date": "2025-04-17",
    "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 offers a comprehensive solution for developers seeking to access historical prices for Rhodium (XRH) and other metals. With its innovative features and robust endpoints, the API empowers users to build applications that can analyze market trends, perform data analytics, and integrate smart technology. By leveraging the capabilities of the Metals-API, developers can stay ahead in the competitive metal markets and make informed decisions based on accurate and real-time data.

For more information on how to utilize the API effectively, refer to the Metals-API Documentation. To explore the full range of supported symbols, visit the Metals-API Supported Symbols page. Embrace the future of metal market analysis with the Metals-API and unlock the potential of real-time data.

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