Get Tungsten (TUNGSTEN) Historical Prices with Metals-API

Get Tungsten (TUNGSTEN) Historical Prices with Metals-API
In the ever-evolving landscape of metal markets, the ability to access historical prices for metals like Tungsten (TUNGSTEN) is crucial for developers and analysts alike. With the advent of APIs, particularly the Metals-API, obtaining real-time and historical data has never been easier. This blog post will delve into the functionalities of the Metals-API, focusing on how to retrieve historical prices for Tungsten and other metals, while exploring the broader implications of digital transformation in the metal markets.
Metals-API Information
About Tungsten (TUNGSTEN)
Tungsten, known for its high density and melting point, is a critical metal in various industrial applications, including electronics, aerospace, and manufacturing. As industries increasingly rely on data-driven decisions, the demand for accurate and timely information about Tungsten prices has surged. The Metals-API serves as a bridge between raw data and actionable insights, enabling developers to integrate metal pricing into their applications seamlessly.
The digital transformation in metal markets is marked by the integration of smart technologies and data analytics. By leveraging APIs like Metals-API, businesses can harness the power of real-time data to make informed decisions, optimize supply chains, and forecast market trends. The future of metal trading lies in the ability to analyze historical data, identify patterns, and predict fluctuations, all of which are made possible through advanced technological innovations.
API Description
The Metals-API is a powerful tool designed for developers seeking to access comprehensive metal pricing data. It provides a range of endpoints that facilitate the retrieval of real-time and historical prices, enabling the creation of next-generation applications. The API's capabilities extend beyond mere data retrieval; it empowers developers to build sophisticated analytics tools, trading platforms, and market research applications.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the subscription plan. This ensures that users have access to the most current pricing information, which is essential for making timely trading decisions. Additionally, the API supports a variety of endpoints that cater to different data needs, from historical rates to currency conversion.
Key Features and Endpoints
The Metals-API offers a multitude of endpoints, each designed to provide specific functionalities. Below are some of the key features that developers can leverage:
- Latest Rates Endpoint: This endpoint returns real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on the subscription plan. This feature is essential for traders who need to stay informed about the latest market movements.
- 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 pricing 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 liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two specified dates, allowing for comprehensive analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, offering insights into market volatility and trends.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for jewelers and gold traders.
- Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of metals over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for metals, which are critical for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a wealth of data for analysts and traders.
- API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API offers a comprehensive list of endpoints, each tailored to specific data retrieval needs.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring users can access the latest data.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for regional traders.
- News Endpoint: Stay updated with the latest news articles related to various metals, helping users stay informed about market trends and developments.
API Endpoint Examples and Responses
To illustrate the capabilities of the Metals-API, here are some example responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1742515616,
"base": "USD",
"date": "2025-03-21",
"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
{
"success": true,
"timestamp": 1742429216,
"base": "USD",
"date": "2025-03-20",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-03-14",
"end_date": "2025-03-21",
"base": "USD",
"rates": {
"2025-03-14": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-03-16": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-03-21": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1742515616,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-14",
"end_date": "2025-03-21",
"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) Price Endpoint
{
"success": true,
"timestamp": 1742515616,
"base": "USD",
"date": "2025-03-21",
"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
{
"success": true,
"timestamp": 1742515616,
"base": "USD",
"date": "2025-03-21",
"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
The Metals-API provides a robust framework for accessing historical prices and real-time data for Tungsten and other metals. By leveraging its various endpoints, developers can create applications that not only track metal prices but also analyze trends, forecast future movements, and make informed trading decisions. The integration of smart technology and data analytics into the metal markets is paving the way for a more transparent and efficient trading environment.
As industries continue to embrace digital transformation, the importance of reliable data sources like the Metals-API cannot be overstated. For those looking to dive deeper into the capabilities of this API, the Metals-API Documentation offers comprehensive guidance on implementation and usage. Additionally, the Metals-API Supported Symbols page provides a complete list of available metal symbols, ensuring users can access the data they need.
In summary, the Metals-API stands as a vital tool for developers in the metal trading space, offering unparalleled access to historical and real-time pricing data. By harnessing this technology, businesses can position themselves at the forefront of the industry, ready to capitalize on emerging trends and opportunities.