Retrieve Cobalt (LCO) Historical Prices with a Simple API Call
Retrieve Cobalt (LCO) Historical Prices with a Simple API Call
In today's fast-paced digital landscape, the demand for real-time data has never been greater, especially in the metal markets. Cobalt (LCO), a critical component in various industries, including electronics and battery production, is at the forefront of this transformation. With the advent of APIs like Metals-API, developers can easily access historical prices and real-time data for cobalt and other metals, enabling them to build innovative applications that leverage this information effectively.
About Cobalt (LCO)
Cobalt is a versatile metal known for its high melting point and excellent conductivity, making it indispensable in the production of rechargeable batteries, particularly lithium-ion batteries used in electric vehicles and portable electronics. As the world shifts towards sustainable energy solutions, the demand for cobalt is expected to rise significantly. This trend is driven by technological innovations and advancements in battery technology, which require precise data analytics and insights to optimize production and pricing strategies.
The digital transformation in metal markets is reshaping how businesses operate. With the integration of smart technologies, companies can now analyze vast amounts of data to forecast trends and make informed decisions. The ability to retrieve historical prices through APIs like Metals-API empowers developers to create applications that can analyze price fluctuations, assess market trends, and provide valuable insights to stakeholders.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including cobalt. This API is designed to facilitate the integration of metals pricing data into applications, enabling businesses to make data-driven decisions. With its robust capabilities, Metals-API supports a range of functionalities that cater to different use cases.
One of the standout features of Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes or even every 10 minutes, ensuring that users have access to the most current information. This capability is crucial for businesses that rely on accurate pricing for trading and investment decisions.
Moreover, the API allows users to access historical rates dating back to 2019, making it an invaluable resource for market analysis and forecasting. By appending a specific date to the API call, developers can retrieve historical prices for cobalt and other metals, enabling them to analyze trends over time.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. For example, if you are interested in the latest price of cobalt, you can easily retrieve this information.
- Historical Rates Endpoint: Access historical rates for cobalt and other metals by appending a date to your API call. This feature is essential for analyzing price trends and making informed decisions.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market dynamics and helping traders make timely decisions.
- Convert Endpoint: The conversion endpoint enables users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates, making it easier to analyze price movements over specific periods.
- Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, providing insights into market volatility and helping businesses strategize accordingly.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for a specific time period, which is crucial for traders looking to analyze market performance.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
- News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.
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 metal data into their applications.
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": 1766027035,
"base": "USD",
"date": "2025-12-18",
"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 the latest exchange rates for various metals, including cobalt, relative to USD.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765940635,
"base": "USD",
"date": "2025-12-17",
"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 specific dates, allowing users to analyze past market performance.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"base": "USD",
"rates": {
"2025-12-11": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-13": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-18": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of exchange rates, allowing users to visualize trends over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1766027035,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The convert endpoint allows users to convert amounts between different metals or to/from USD, facilitating seamless transactions.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"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 endpoint tracks fluctuations in prices, providing insights into market volatility and helping businesses strategize accordingly.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766027035,
"base": "USD",
"date": "2025-12-18",
"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 OHLC data, which is essential for traders looking to analyze market performance over specific periods.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766027035,
"base": "USD",
"date": "2025-12-18",
"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 endpoint provides current bid and ask prices for metals, offering insights into market dynamics and helping traders make timely decisions.
Conclusion
The Metals-API is a transformative tool for developers looking to access real-time and historical data for cobalt and other metals. By leveraging this API, businesses can gain valuable insights into market trends, optimize their pricing strategies, and make informed decisions based on accurate data. The ability to retrieve historical prices, track fluctuations, and analyze market performance is essential in today's competitive landscape.
As the demand for cobalt continues to rise, driven by advancements in technology and the shift towards sustainable energy solutions, the need for reliable data will only increase. By integrating the Metals-API into their applications, developers can empower businesses to navigate this evolving market landscape effectively.
For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage.