Obtain Rhenium (RHENIUM) Historical Price Information using this API

Introduction

In the world of precious metals, obtaining accurate historical price information is crucial for investors, traders, and analysts alike. One of the most effective ways to access this data is through the Metals-API. This powerful API provides comprehensive access to historical price information for various metals, including Rhenium (RHENIUM). In this blog post, we will explore how to leverage the Metals-API to obtain historical price data for Rhenium, along with insights into its significance in the metal markets.

Understanding Rhenium (RHENIUM)

Rhenium is a rare and valuable metal known for its high melting point and exceptional resistance to wear and corrosion. It is primarily used in high-temperature superalloys, which are essential in aerospace and industrial applications. The demand for Rhenium has been steadily increasing due to its unique properties, making it a critical component in the production of jet engines and other high-performance machinery.

Digital Transformation in Metal Markets

The metal markets are undergoing a significant digital transformation, driven by advancements in technology and data analytics. The Metals-API exemplifies this transformation by providing real-time access to metal prices, enabling developers to create innovative applications that can analyze market trends, forecast prices, and optimize trading strategies. By integrating such APIs, businesses can enhance their decision-making processes and gain a competitive edge in the market.

Technological Innovation and Advancement

Technological innovation plays a pivotal role in the evolution of metal trading. The Metals-API is at the forefront of this innovation, offering a range of endpoints that allow users to access not only current prices but also historical data dating back to 2019. This capability is essential for conducting thorough market analyses and understanding price fluctuations over time.

Data Analytics and Insights

With the Metals-API, users can harness the power of data analytics to gain insights into market trends. The API provides various endpoints, such as the Historical Rates Endpoint and the Time-Series Endpoint, which allow users to retrieve historical price data for Rhenium and other metals. By analyzing this data, traders can identify patterns, make informed predictions, and develop effective trading strategies.

Smart Technology Integration

The integration of smart technologies into metal trading platforms is revolutionizing the industry. The Metals-API facilitates this integration by providing developers with the tools they need to build sophisticated applications. For instance, the Convert Endpoint allows users to convert prices between different metals and currencies, streamlining the trading process and enhancing user experience.

Future Trends and Possibilities

As the demand for Rhenium and other metals continues to grow, the future of metal trading looks promising. The Metals-API is poised to play a significant role in this future by providing developers with the necessary resources to create next-generation applications. With ongoing advancements in technology, we can expect to see more innovative solutions that leverage real-time data to optimize trading strategies and improve market efficiency.

API Description

The Metals-API is a robust platform that provides developers with access to real-time and historical price data for various metals, including Rhenium. The API is designed to empower developers to build applications that can analyze market trends, track price fluctuations, and convert between different metal prices and currencies. With its user-friendly interface and comprehensive documentation, the Metals-API is an invaluable resource for anyone looking to delve into the world of metal trading.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints that cater to different needs within the metal trading ecosystem. Here are some of the key features:

• Latest Rates Endpoint: This 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 feature is essential for traders who need to stay updated on current market conditions.
• 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 past price data for Rhenium, allowing for in-depth analysis and trend evaluation.
• Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is crucial for traders looking to optimize their buying and selling strategies.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This functionality is particularly useful for traders dealing with multiple currencies.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates. This feature is invaluable for analyzing price trends over specific timeframes.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis using this endpoint. This information is essential for understanding market volatility and making informed trading decisions.
• Carat Endpoint: This endpoint provides information about gold rates by carat, which is particularly useful for jewelers and investors in the gold market.
• Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, providing insights into market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to retrieve the open, high, low, and close prices for a specific date, which is crucial for technical analysis.
• Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing users to analyze long-term trends.
• 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 Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
• Available Endpoints: The API offers a total of 14 endpoints, each providing distinct functionalities tailored to different user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

To get real-time exchange rates for all available metals, you can use the Latest Rates Endpoint. Here’s an example response:

{
"success": true,
"timestamp": 1772208881,
"base": "USD",
"date": "2026-02-27",
"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"
}

Historical Rates Endpoint

Accessing historical exchange rates for any date since 1999 can be done through the Historical Rates Endpoint. Here’s an example response:

{
"success": true,
"timestamp": 1772122481,
"base": "USD",
"date": "2026-02-26",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to get exchange rates for a specific time period. Here’s an example response:

{
"success": true,
"timeseries": true,
"start_date": "2026-02-20",
"end_date": "2026-02-27",
"base": "USD",
"rates": {
"2026-02-20": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-22": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-27": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Convert Endpoint

To convert any amount from one metal to another or to/from USD, you can use the Convert Endpoint. Here’s an example response:

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1772208881,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates using the Fluctuation Endpoint. Here’s an example response:

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-20",
"end_date": "2026-02-27",
"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"
}

OHLC (Open/High/Low/Close) Endpoint

Retrieve OHLC data for a specific time period using this endpoint. Here’s an example response:

{
"success": true,
"timestamp": 1772208881,
"base": "USD",
"date": "2026-02-27",
"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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals using this endpoint. Here’s an example response:

{
"success": true,
"timestamp": 1772208881,
"base": "USD",
"date": "2026-02-27",
"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"
}

Conclusion

In conclusion, the Metals-API offers a comprehensive solution for accessing historical price information for Rhenium and other metals. By leveraging its various endpoints, developers can create powerful applications that analyze market trends, track price fluctuations, and optimize trading strategies. The digital transformation of the metal markets, driven by technological innovation and data analytics, presents exciting opportunities for traders and investors alike. For more information on how to get started with the Metals-API, be sure to check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. With the right tools and insights, you can navigate the complexities of the metal markets with confidence.