Obtain Iridium (IRD) Historical Prices utilizing this API

Obtain Iridium (IRD) Historical Prices Utilizing This API
In the rapidly evolving landscape of metal markets, the ability to access and analyze historical prices of metals like Iridium (IRD) is crucial for developers and financial 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 intricacies of the Metals-API, focusing on how to retrieve historical prices for Iridium and explore the broader implications of digital transformation in metal markets.
Metals-API Information
About Iridium (IRD)
Iridium, a rare and precious metal, is known for its high density and corrosion resistance, making it invaluable in various industrial applications, including electronics and aerospace. As the world moves towards digital transformation, the metal markets are also experiencing significant changes. The integration of smart technologies and data analytics is reshaping how traders and investors interact with metal prices.
Technological innovations are paving the way for advanced data analytics, allowing stakeholders to gain insights into market trends and price fluctuations. The Metals-API plays a pivotal role in this transformation by providing developers with the tools necessary to build next-generation applications that can analyze historical data, track price changes, and make informed decisions based on real-time information.
API Description
The Metals-API is a powerful tool that offers a comprehensive suite of features for accessing metal prices and currency conversion. With its user-friendly interface and robust capabilities, the API empowers developers to create applications that can leverage real-time metals data for various purposes, from investment analysis to market forecasting.
One of the standout features of the Metals-API is its ability to provide historical price data. This capability is essential for developers looking to analyze trends over time, assess market volatility, and make predictions based on past performance. The API's endpoints are designed to cater to a wide range of use cases, ensuring that users can access the information they need efficiently.
Key Features and Endpoints
The Metals-API offers several key features that enhance its usability and functionality:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to stay informed about the latest market conditions.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data for Iridium, allowing for in-depth analysis of price trends over time.
- Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in different currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating detailed analysis of price movements over specific periods.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing valuable insights into market volatility and trends.
- Carat Endpoint: This feature allows users to retrieve information about gold rates by carat, which is essential for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, aiding in market analysis and decision-making.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for a specified date, essential for technical analysis.
- Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, providing a wealth of data for 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 API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
- Available Endpoints: The Metals-API offers a variety of endpoints, each providing different functionalities to cater to diverse user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols supported by the API.
- Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for investors in the Indian market.
- News Endpoint: This feature allows users to access the latest news articles related to various metals, keeping them informed about market developments.
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.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their expected responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1756526430,
"base": "USD",
"date": "2025-08-30",
"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"
}
This response indicates that the API successfully retrieved the latest rates for various metals, including Iridium, which can be identified by its symbol.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1756440030,
"base": "USD",
"date": "2025-08-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for a specific date, allowing users to analyze past performance and trends.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-08-23",
"end_date": "2025-08-30",
"base": "USD",
"rates": {
"2025-08-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-08-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-08-30": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series view of metal prices, enabling users to track changes over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1756526430,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert a specified amount from one metal to another, showcasing the API's versatility.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-08-23",
"end_date": "2025-08-30",
"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"
}
This response provides insights into how metal prices fluctuate over a given period, which is vital for traders looking to capitalize on market movements.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1756526430,
"base": "USD",
"date": "2025-08-30",
"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"
}
This endpoint provides critical data for technical analysis, allowing traders to assess market trends based on opening, closing, high, and low prices.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1756526430,
"base": "USD",
"date": "2025-08-30",
"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"
}
This response provides the current bid and ask prices for metals, which is essential for traders looking to make informed decisions based on market conditions.
Conclusion
In conclusion, the Metals-API offers a robust and comprehensive solution for accessing historical prices and real-time data for metals like Iridium (IRD). By leveraging the API's various endpoints, developers can build applications that provide valuable insights into market trends, price fluctuations, and investment opportunities. The integration of advanced data analytics and smart technology into the metal markets is transforming how stakeholders interact with pricing data, making it essential for developers to stay informed about the latest tools and technologies available.
For more information on how to utilize the Metals-API effectively, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols page for a complete list of available metal symbols. As the market continues to evolve, staying updated with the latest trends and technologies will be crucial for success in the metal trading landscape.