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Retrieve Cobalt (LCO) prices effortlessly with this API

Retrieve Cobalt (LCO) prices effortlessly with this API

Retrieve Cobalt (LCO) prices effortlessly with this API

Retrieve Cobalt (LCO) Prices Effortlessly with This API

In the rapidly evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. Cobalt (LCO), a vital component in various industries, particularly in battery production for electric vehicles, has seen a surge in demand. This blog post will explore how the Metals-API can empower developers to retrieve Cobalt prices effortlessly, along with other essential features that enhance data accessibility and usability.

About Cobalt (LCO)

Cobalt is a transition metal that plays a significant role in modern technology, particularly in the production of lithium-ion batteries. As the world shifts towards renewable energy and electric vehicles, the demand for Cobalt is expected to rise. The digital transformation in metal markets is driven by technological innovation and advancements in data analytics, enabling stakeholders to make informed decisions based on real-time insights.

With the integration of smart technologies, businesses can leverage data analytics to forecast trends and optimize their operations. The future of Cobalt pricing will likely be influenced by various factors, including supply chain dynamics, geopolitical issues, and technological advancements in battery production. The Metals-API provides a robust platform for accessing this critical data, allowing developers to build applications that can adapt to these changing market conditions.

API Description

The Metals-API is designed to provide developers with real-time and historical data on various metals, including Cobalt. This API is a game-changer in the realm of metals data, offering capabilities that empower developers to create next-generation applications. By utilizing the Metals-API, developers can access a wealth of information that can be integrated into their applications, enhancing user experience and decision-making processes.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on the subscription plan. This means that developers can retrieve the latest Cobalt prices and other metal rates with ease, ensuring that their applications reflect the most current market conditions.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for developers. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, including Cobalt. Depending on your subscription plan, you can receive updates every 60 minutes or even every 10 minutes. This ensures that your application always has the latest pricing information.
  • Historical Rates Endpoint: Access historical rates 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 feature allows you to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The conversion endpoint enables you to convert any amount from one metal to another or to/from USD, facilitating seamless transactions and calculations.
  • Time-Series Endpoint: This endpoint allows you to query daily historical rates between two dates of your choice, making it easier to analyze trends over specific periods.
  • Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping you make informed decisions.
  • Carat Endpoint: Retrieve information about Gold rates by Carat, which is particularly useful for jewelers and those in the luxury goods market.
  • Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for metals over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for metals, essential for traders and analysts.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is crucial for those involved in trading and investment.
  • 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 by default, with all data returned in a structured JSON format.
  • Available Endpoints: The Metals-API provides a comprehensive list of endpoints, each designed for specific functionalities, ensuring that developers have the tools they need.
  • Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing developers to easily identify and utilize the data they need.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, which is particularly useful for regional market analysis.
  • 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, including Cobalt (LCO). 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 integration. Below are examples of various endpoints and their responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1755914439,
    "base": "USD",
    "date": "2025-08-23",
    "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 Cobalt, which is represented by the symbol XCU.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1755828039,
    "base": "USD",
    "date": "2025-08-22",
    "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 for detailed analysis of price movements over time.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-08-16",
    "end_date": "2025-08-23",
    "base": "USD",
    "rates": {
        "2025-08-16": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-08-18": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-08-23": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint allows developers to analyze trends over a specified period, providing valuable insights into market behavior.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1755914439,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert amounts between different metals and currencies, a feature that is essential for financial applications.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-16",
    "end_date": "2025-08-23",
    "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 provides insights into how metal prices fluctuate over time, which is crucial for traders and analysts.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1755914439,
    "base": "USD",
    "date": "2025-08-23",
    "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 a comprehensive view of the price movements for metals over a specific period, essential for market analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1755914439,
    "base": "USD",
    "date": "2025-08-23",
    "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, which are crucial for traders looking to make informed decisions in real-time.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time and historical metal pricing data into their applications. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion tools, the API empowers users to make informed decisions based on accurate and timely information. As the demand for metals like Cobalt continues to grow, leveraging such technology will be essential for staying competitive in the market.

For more detailed information on how to implement these features, refer to the Metals-API Documentation. Additionally, to explore the full range of supported symbols, visit the Metals-API Supported Symbols page. By utilizing the Metals-API, developers can harness the power of real-time data to drive innovation and efficiency in their applications.

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