Get SMM Copper Cathode (SMM-XCU) Historical Prices using this API

Get SMM Copper Cathode (SMM-XCU) Historical Prices using this API
In the ever-evolving landscape of metal markets, the demand for accurate and real-time data has never been more critical. For developers and businesses looking to harness the power of metals data, the Metals-API provides a robust solution. This blog post will delve into the intricacies of obtaining historical prices for SMM Copper Cathode (SMM-XCU) using the Metals-API, while also exploring the broader implications of digital transformation in the metal markets.
About Copper (XCU)
Copper, represented by the symbol XCU, is a fundamental metal in various industries, from electrical wiring to plumbing and construction. Its properties make it an essential component in the manufacturing of electronic devices, renewable energy systems, and even in the automotive sector. As the world shifts towards more sustainable practices, the demand for copper is expected to rise, driven by technological innovations and advancements in smart technology integration.
The digital transformation in metal markets is reshaping how data is collected, analyzed, and utilized. With the advent of data analytics and insights, businesses can now make informed decisions based on real-time data. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to build next-generation applications that leverage real-time metals data.
Metals-API Overview
The Metals-API is a powerful JSON API that provides access to real-time and historical metal prices, including copper. It enables developers to integrate comprehensive metals data into their applications seamlessly. The API's capabilities extend beyond mere price retrieval; it empowers users to analyze trends, track fluctuations, and convert between different metal currencies. This level of access to data is crucial for businesses looking to optimize their operations and stay competitive in the market.
For more information, visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on how to implement the API in your projects.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Users can access historical rates for most metals dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data, which is invaluable for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market conditions and helping traders make informed decisions.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This functionality is particularly useful for businesses operating in multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two chosen dates. It is ideal for analyzing price movements over specific periods.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping businesses strategize accordingly.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is essential for jewelers and gold traders.
- Lowest/Highest Price Endpoint: This endpoint enables users to query the API to get the lowest and highest prices for a specified date, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for a specific time period, which is crucial for traders looking to analyze market trends.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for extensive historical analysis.
- API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available metal symbols, 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.
- News Endpoint: The Metals-API provides access to the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding the API's responses is crucial for effective implementation. Here are some examples of how the API responds to different requests:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1745910015,
"base": "USD",
"date": "2025-04-29",
"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"
}
The response includes a success flag, a timestamp, the base currency, the date of the rates, and a list of rates for various metals, including copper (XCU). This structured format allows developers to easily parse and utilize the data in their applications.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1745823615,
"base": "USD",
"date": "2025-04-28",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to access historical rates for any date since 1999. The response format is similar to the latest rates, providing a consistent experience for developers.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-04-22",
"end_date": "2025-04-29",
"base": "USD",
"rates": {
"2025-04-22": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-24": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-29": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series endpoint is particularly useful for analyzing price trends over a specified period. The response includes a success flag, the start and end dates, and a breakdown of rates for each day within that range.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745910015,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint allows users to convert amounts between different metals or to/from USD. The response includes the original query, the conversion rate, and the result, making it easy for developers to implement currency conversion features in their applications.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-22",
"end_date": "2025-04-29",
"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"
}
The fluctuation endpoint provides insights into how metal prices change over time, which is crucial for traders and analysts looking to understand market dynamics.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1745910015,
"base": "USD",
"date": "2025-04-29",
"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"
}
This endpoint is essential for traders who need to analyze market trends based on opening, closing, highest, and lowest prices within a specific timeframe.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1745910015,
"base": "USD",
"date": "2025-04-29",
"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"
}
The bid/ask endpoint provides crucial information for traders, allowing them to understand the current market conditions and make informed trading decisions.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for developers looking to access real-time and historical data for metals, including SMM Copper Cathode (SMM-XCU). By leveraging the API's capabilities, businesses can gain valuable insights into market trends, optimize their operations, and stay competitive in an increasingly data-driven world.
As the metal markets continue to evolve, the integration of smart technology and data analytics will play a pivotal role in shaping the future. The Metals-API stands as a testament to this transformation, providing developers with the resources they need to build innovative applications that harness the power of real-time metals data.
For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page for a complete list of available metal symbols. With the right tools and insights, the possibilities for innovation in the metal markets are limitless.