Retrieve Burundian Franc (BIF) prices using this API
Retrieve Burundian Franc (BIF) Prices Using This API
In today's fast-paced financial landscape, the ability to access real-time data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for retrieving metal prices, including the Burundian Franc (BIF), through its comprehensive API. This blog post will delve into the capabilities of the Metals-API, focusing on how it empowers developers to harness real-time data for metals trading and analysis.
About Neodymium (ND)
Neodymium, a rare earth metal, plays a significant role in various technological advancements. As industries undergo digital transformation, the demand for neodymium has surged, particularly in the production of high-strength magnets used in electric vehicles, wind turbines, and consumer electronics. The integration of smart technology in metal markets has led to innovative approaches in sourcing, processing, and trading metals.
Data analytics and insights derived from real-time market data are essential for stakeholders in the metals industry. By leveraging advanced analytics, companies can make informed decisions, optimize their supply chains, and anticipate market trends. The future of neodymium and other metals lies in the seamless integration of technology, data, and market intelligence.
API Description
The Metals-API is designed to provide developers with real-time and historical data on metal prices, including various endpoints that cater to different needs. This API stands out due to its innovative approach to data delivery, allowing users to build next-generation applications that require up-to-date information on metal prices.
With the Metals-API Website, developers can access a wealth of resources, including detailed documentation and a comprehensive list of supported symbols. The API's capabilities extend beyond simple price retrieval; it offers features such as historical data access, currency conversion, and fluctuation tracking, making it a versatile tool for any developer working in the financial sector.
Key Features and Endpoints
The Metals-API boasts a wide array of features that cater to various use cases. Hereβs a closer look at some of the key endpoints and their functionalities:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes. This feature is essential for traders who need to make quick decisions based on the latest market conditions.
{
"success": true,
"timestamp": 1769213473,
"base": "USD",
"date": "2026-01-24",
"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 vital for trend analysis and forecasting. The Historical Rates Endpoint allows users to retrieve data dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for analysts looking to understand past market behaviors.
{
"success": true,
"timestamp": 1769127073,
"base": "USD",
"date": "2026-01-23",
"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 provides real-time bid and ask prices for metals. This information is crucial for traders who need to understand the market's current buying and selling prices to make informed trading decisions.
{
"success": true,
"timestamp": 1769213473,
"base": "USD",
"date": "2026-01-24",
"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 deal with multiple currencies and need to streamline their financial operations.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1769213473,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is essential for analyzing trends over time and making data-driven decisions.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-17",
"end_date": "2026-01-24",
"base": "USD",
"rates": {
"2026-01-17": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-19": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-24": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides insights into how metal prices fluctuate on a day-to-day basis. This information is crucial for traders who need to understand market volatility and make informed decisions based on price movements.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-17",
"end_date": "2026-01-24",
"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 retrieve open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick charts for technical analysis.
{
"success": true,
"timestamp": 1769213473,
"base": "USD",
"date": "2026-01-24",
"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 involved in trading metals on the London Metal Exchange.
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. This resource is invaluable for developers looking to integrate specific metals into their applications.
Conclusion
The Metals-API is a transformative tool for developers working in the metals market. With its extensive range of features, including real-time data access, historical rates, and advanced analytics, it empowers users to make informed decisions and optimize their trading strategies. By leveraging the capabilities of this API, developers can create innovative applications that respond to the dynamic nature of the metals market.
For more information on how to implement these features, visit the Metals-API Documentation. This resource provides detailed guidance on each endpoint, ensuring that developers can effectively utilize the API to meet their specific needs. Embrace the future of metals trading with the Metals-API and unlock the potential of real-time data.