Get Yellow Brass (Y-BRASS) Historical Prices with Metals-API

Get Yellow Brass (Y-BRASS) Historical Prices with Metals-API
In the rapidly evolving landscape of metal markets, having access to accurate and timely data is crucial for developers and businesses alike. One of the most significant advancements in this domain is the introduction of APIs that provide real-time and historical data on various metals, including Yellow Brass (Y-BRASS). In this blog post, we will explore how to obtain historical prices for Yellow Brass using the Metals-API, a powerful tool that empowers developers to integrate metal pricing data into their applications seamlessly.
About Brass (BRASS)
Brass, an alloy primarily composed of copper and zinc, has been a fundamental material in various industries due to its excellent corrosion resistance and machinability. The digital transformation in metal markets has led to a significant shift in how data is collected, analyzed, and utilized. Technological innovations such as data analytics and smart technology integration are reshaping the landscape, allowing stakeholders to make informed decisions based on real-time insights.
As we look towards the future, the possibilities for Brass and other metals are vast. The integration of advanced analytics and machine learning can provide deeper insights into market trends, enabling businesses to forecast prices and manage risks more effectively. The Metals-API stands at the forefront of this transformation, offering developers the tools they need to harness the power of real-time metals data.
Metals-API Overview
The Metals-API is designed to provide comprehensive access to metal prices, including Yellow Brass. This API allows developers to build next-generation applications that can retrieve real-time and historical data, enabling them to create solutions that cater to the needs of various industries. With a user-friendly interface and extensive documentation, Metals-API simplifies the process of integrating metal pricing data into applications.
Key Features of Metals-API
The Metals-API offers a range of endpoints that provide various functionalities, making it a versatile tool for developers. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This powerful feature allows you 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 from one metal to another or to/from USD. This feature is particularly useful for businesses operating in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is ideal for analyzing price movements over specific periods.
- Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis. This endpoint helps users understand market volatility and make informed trading decisions.
- Carat Endpoint: Get information about gold rates by carat. This feature is beneficial for jewelers and businesses dealing in precious metals.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific metal over a defined period, assisting in price analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, allowing for detailed market analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for businesses involved in trading metals on the London Metal Exchange.
- API Key: Your unique API key is required to access the API, ensuring secure and authenticated requests.
- API Response: The Metals-API returns exchange rates relative to USD by default, with all data delivered in a structured JSON format.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available metal symbols, making it easy for developers to find the data they need.
- Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for businesses operating in the Indian market.
- News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.
Understanding API Responses
When working with the Metals-API, understanding the structure of the API responses is crucial for effective integration. Each endpoint returns data in a JSON format, which includes various fields that provide essential information. Here are some examples of API responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1743037348,
"base": "USD",
"date": "2025-03-27",
"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"
}
In this response, the success
field indicates whether the request was successful. The timestamp
provides the time of the request, while the base
indicates the currency against which the rates are provided. The rates
object contains the exchange rates for various metals, and the unit
specifies the measurement unit.
Historical Rates Endpoint
Access historical exchange rates for any date since 1999:
{
"success": true,
"timestamp": 1742950948,
"base": "USD",
"date": "2025-03-26",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response structure is similar to the latest rates endpoint, but it provides historical data for a specific date. The date
field indicates the date for which the rates are applicable.
Time-Series Endpoint
Get exchange rates for a specific time period:
{
"success": true,
"timeseries": true,
"start_date": "2025-03-20",
"end_date": "2025-03-27",
"base": "USD",
"rates": {
"2025-03-20": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-03-22": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-03-27": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of rates between two specified dates. Each date is a key in the rates
object, with the corresponding rates for that date.
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": 1743037348,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response shows the conversion of an amount from one currency to another. The query
object contains the parameters used for the conversion, while the result
field provides the converted amount.
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-20",
"end_date": "2025-03-27",
"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"
}
This response provides detailed information about how prices have changed over a specified period. The change
field indicates the absolute change in price, while change_pct
shows the percentage change.
OHLC (Open/High/Low/Close) Price Endpoint
Get OHLC data for a specific time period:
{
"success": true,
"timestamp": 1743037348,
"base": "USD",
"date": "2025-03-27",
"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 response provides the open, high, low, and close prices for a specific date, which is essential for traders and analysts looking to understand market behavior.
Bid/Ask Endpoint
Get current bid and ask prices for metals:
{
"success": true,
"timestamp": 1743037348,
"base": "USD",
"date": "2025-03-27",
"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"
}
This response provides the current bid and ask prices for various metals, along with the spread, which is crucial for traders looking to execute buy and sell orders.
Common Use Cases and Integration Strategies
Integrating the Metals-API into your applications can unlock numerous possibilities. Here are some common use cases:
- Market Analysis Tools: Developers can create applications that analyze historical price trends for Yellow Brass and other metals, providing insights into market behavior and helping businesses make informed decisions.
- Trading Platforms: By integrating real-time pricing data, trading platforms can offer users up-to-date information on metal prices, enhancing the trading experience.
- Financial Reporting: Businesses can utilize historical data to generate financial reports, helping stakeholders understand the performance of their investments in metals.
- Inventory Management: Companies dealing with metals can track price fluctuations to optimize their inventory management strategies, ensuring they buy and sell at the right times.
- Risk Management: By analyzing historical data and fluctuations, businesses can develop risk management strategies to mitigate potential losses in volatile markets.
Performance Optimization and Security Considerations
When integrating the Metals-API, it's essential to consider performance optimization and security best practices. Here are some strategies:
- Rate Limiting: Be mindful of the API's rate limits to avoid throttling. Implement caching strategies to reduce the number of API calls and improve response times.
- Data Validation: Always validate and sanitize input data to prevent injection attacks and ensure data integrity.
- Secure API Key Storage: Store your API key securely and avoid exposing it in client-side code. Use environment variables or secure vaults for sensitive information.
- Error Handling: Implement robust error handling to manage API errors gracefully and provide users with meaningful feedback.
Conclusion
In conclusion, the Metals-API offers a powerful solution for developers looking to access historical prices for Yellow Brass (Y-BRASS) and other metals. By leveraging the API's extensive features, including real-time rates, historical data, and various endpoints, developers can create innovative applications that enhance market analysis, trading, and inventory management. The integration of advanced analytics and smart technology will continue to shape the future of metal markets, making it essential for businesses to stay ahead of the curve.
For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. By harnessing the power of real-time data, you can unlock new opportunities and drive success in your business.