Get SMM Copper Cathode (SMM-XCU) Historical Prices with Metals-API
Get SMM Copper Cathode (SMM-XCU) Historical Prices with Metals-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 for accessing historical prices of various metals, including Copper Cathode (SMM-XCU). This blog post will delve into the intricacies of obtaining historical prices using the Metals-API, exploring its features, capabilities, and the transformative potential it holds for developers in the metal trading industry.
Metals-API Information
Metals-API is a powerful tool designed for developers seeking to integrate real-time and historical metals data into their applications. With a focus on innovation and technological advancement, this API enables users to access a wealth of information about various metals, including Copper, Gold, Silver, and more. By leveraging data analytics and smart technology integration, Metals-API empowers developers to create next-generation applications that can analyze market trends, track price fluctuations, and make informed trading decisions.
About Copper (XCU)
Copper, represented by the symbol XCU, is one of the most widely used metals in various industries, including construction, electronics, and manufacturing. Its importance in the global economy cannot be overstated, as it plays a crucial role in electrical conductivity, thermal conductivity, and corrosion resistance. As the world moves towards digital transformation, the copper market is also experiencing significant changes driven by technological innovation and advancements in data analytics.
With the rise of smart technology integration, the copper market is witnessing new trends and possibilities. For instance, the demand for electric vehicles (EVs) is pushing the need for more copper in batteries and wiring. This shift highlights the importance of having access to accurate historical price data, which can help stakeholders make informed decisions based on market trends.
API Description
The Metals-API is designed to provide developers with a comprehensive suite of tools for accessing metals data. With its user-friendly interface and extensive documentation, developers can easily integrate the API into their applications. The API offers various endpoints that cater to different needs, such as retrieving the latest rates, historical prices, and even bid and ask prices.
One of the standout features of the Metals-API is its ability to deliver real-time data, which is crucial for traders and analysts who need to make quick decisions based on market movements. The API's capabilities extend beyond just providing data; it also allows for data analytics and insights that can drive strategic decision-making.
For more information on how to get started, visit the Metals-API Documentation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, allowing developers to tailor their applications to meet specific needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates 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 endpoint is essential for developers who need to display current market prices in their applications.
{
"success": true,
"timestamp": 1745298073,
"base": "USD",
"date": "2025-04-22",
"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
The Historical Rates Endpoint allows users to access historical exchange rates for most metals dating back to 2019. By appending a specific date to the API request, developers can retrieve historical pricing data, which is invaluable for trend analysis and forecasting.
{
"success": true,
"timestamp": 1745211673,
"base": "USD",
"date": "2025-04-21",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables developers to retrieve real-time bid and ask prices for metals. This information is crucial for traders who need to understand the market's current buying and selling prices.
{
"success": true,
"timestamp": 1745298073,
"base": "USD",
"date": "2025-04-22",
"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"
}Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1745298073,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing price trends over specific periods, enabling users to make data-driven decisions.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-15",
"end_date": "2025-04-22",
"base": "USD",
"rates": {
"2025-04-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-22": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how metal prices fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-15",
"end_date": "2025-04-22",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make informed decisions.
{
"success": true,
"timestamp": 1745298073,
"base": "USD",
"date": "2025-04-22",
"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"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for developers working with London Metal Exchange data.
{
"success": true,
"timestamp": 1745211673,
"base": "USD",
"date": "2025-04-21",
"rates": {
"XCU": 0.294118,
"XAL": 0.434783
},
"unit": "per troy ounce"
}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 metals into their applications.
Conclusion
In conclusion, the Metals-API offers a powerful and flexible solution for developers seeking to access historical prices and real-time data for metals like Copper Cathode (SMM-XCU). With its extensive range of endpoints and features, the API empowers users to build innovative applications that can analyze market trends, track price fluctuations, and make informed trading decisions. By leveraging the capabilities of the Metals-API, developers can stay ahead in the competitive metal trading landscape.
For more information and to get started with the Metals-API, visit the Metals-API Website and explore the comprehensive Metals-API Documentation for detailed guidance on implementation and usage.