Get Tin - LME 3-month (TIN3M) prices using this API
Get Tin - LME 3-month (TIN3M) prices using this API
In today's rapidly evolving digital landscape, the demand for real-time data in the metal markets has never been higher. The Metals-API offers a powerful solution for developers looking to access up-to-date information on various metals, including Tin (XSN). This blog post will delve into the intricacies of the Metals-API, exploring its capabilities, the significance of Tin in the market, and how developers can leverage this API to build innovative applications.
Metals-API Information
About Tin (XSN)
Tin, represented by the symbol XSN, is a vital metal used in various industries, including electronics, automotive, and construction. As we witness a digital transformation in metal markets, the integration of technology and data analytics is reshaping how businesses operate. The demand for Tin is driven by its unique properties, such as corrosion resistance and malleability, making it an essential component in soldering and plating processes.
Technological innovation is at the forefront of this transformation. With advancements in smart technology integration, businesses can now utilize data analytics to gain insights into market trends, pricing fluctuations, and supply chain dynamics. The future of Tin and other metals lies in the ability to harness real-time data to make informed decisions, optimize operations, and enhance profitability.
API Description
The Metals-API provides developers with access to real-time and historical data for a wide range of metals, including Tin. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and perform currency conversions with ease. With its robust capabilities, the Metals-API is a game-changer for businesses operating in the metal markets.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API's latest endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This level of granularity allows businesses to stay ahead of market trends and make timely decisions.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. This endpoint is crucial for businesses that need to monitor current market conditions. The response includes a timestamp, base currency, date, and rates for various metals.
{
"success": true,
"timestamp": 1743300020,
"base": "USD",
"date": "2025-03-30",
"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
Accessing historical rates is essential for analyzing market trends over time. The Historical Rates Endpoint allows users to query rates dating back to 2019 by appending a specific date to the request. This feature is invaluable for businesses looking to conduct in-depth analyses of price movements.
{
"success": true,
"timestamp": 1743213620,
"base": "USD",
"date": "2025-03-29",
"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 users to retrieve real-time bid and ask prices for metals. This information is crucial for traders and businesses that need to make quick decisions based on current market conditions.
{
"success": true,
"timestamp": 1743300020,
"base": "USD",
"date": "2025-03-30",
"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 businesses that operate in multiple currencies and need to perform conversions regularly.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1743300020,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for businesses looking to analyze trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-23",
"end_date": "2025-03-30",
"base": "USD",
"rates": {
"2025-03-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-03-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-03-30": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how currencies fluctuate on a day-to-day basis. This feature is particularly useful for businesses that need to track volatility in metal prices.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-23",
"end_date": "2025-03-30",
"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 query the API for the open, high, low, and close prices for a specific time period. This data is essential for traders looking to analyze market performance over time.
{
"success": true,
"timestamp": 1743300020,
"base": "USD",
"date": "2025-03-30",
"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 businesses that need to analyze long-term trends in metal prices.
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.
Conclusion
The Metals-API is a powerful tool for developers looking to access real-time and historical data on metals, including Tin (XSN). By leveraging its various endpoints, businesses can gain valuable insights into market trends, optimize their operations, and make informed decisions. The integration of technology and data analytics in the metal markets is paving the way for a more efficient and data-driven future.
For more information on how to implement the Metals-API in your applications, visit the Metals-API Documentation. This resource provides comprehensive guidance on using the API effectively, including detailed explanations of each endpoint and its capabilities. Embrace the future of metal trading with the power of real-time data at your fingertips.