Retrieve Rhenium (RHENIUM) Historical Prices with this API

Retrieve Rhenium (RHENIUM) Historical Prices with this API
In the ever-evolving landscape of metal markets, the demand for accurate and real-time data is paramount. For developers and businesses looking to harness the power of metals data, the Metals-API offers a robust solution for retrieving historical prices of Rhenium (RHENIUM) and other metals. This blog post delves into the capabilities of the Metals-API, focusing on how to effectively retrieve historical prices and leverage the API's features to gain insights into market trends.
Metals-API Information
The Metals-API is a powerful tool designed for developers who require access to real-time and historical metal prices. With a focus on innovation and technological advancement, this API empowers users to build next-generation applications that can analyze and visualize metal market data. By integrating the Metals-API into your applications, you can access a wealth of information that can transform how you interact with metal markets.
About Rhenium (RHENIUM)
Rhenium is a rare and valuable metal known for its high melting point and exceptional resistance to corrosion. It is primarily used in high-temperature superalloys and catalysts, making it a critical component in various industrial applications. As the demand for Rhenium continues to grow, understanding its historical price trends becomes essential for businesses and investors alike.
Digital transformation in metal markets has paved the way for innovative solutions that leverage data analytics and smart technology integration. The Metals-API exemplifies this shift by providing developers with the tools needed to access and analyze historical price data for Rhenium and other metals. By utilizing this API, developers can create applications that offer insights into market trends, helping businesses make informed decisions.
API Description
The Metals-API is designed to provide comprehensive access to metal prices, including Rhenium. It offers a variety of endpoints that allow users to retrieve real-time rates, historical prices, and other valuable data. The API's capabilities extend beyond simple price retrieval; it enables developers to build applications that can analyze fluctuations, convert currencies, and track market trends over time.
For detailed information on how to use the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on the API's features, endpoints, and usage examples.
Key Features and Endpoints
The Metals-API offers several key features that enhance its usability for developers:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Rhenium and other metals. Depending on your subscription plan, the API updates this data every 60 minutes or more frequently, allowing you to stay informed about market changes.
- Historical Rates Endpoint: Access historical rates for Rhenium dating back to 2019. By appending a specific date to your query, you can retrieve the price of Rhenium on that date, enabling you to analyze trends over time.
- Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for Rhenium, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: Easily convert Rhenium prices from one currency to another using this dedicated endpoint, which is essential for international transactions.
- Time-Series Endpoint: Query daily historical rates for Rhenium between two dates of your choice, allowing for in-depth analysis of price movements over specific periods.
- Fluctuation Endpoint: Track how Rhenium prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Lowest/Highest Price Endpoint: Retrieve the lowest and highest price of Rhenium for a specified date, helping you identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: Get the open, high, low, and close prices for Rhenium, which are crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for Rhenium through the London Metal Exchange (LME), dating back to 2008, providing a broader context for price movements.
For a complete list of all supported symbols, including Rhenium, visit the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of how to use various endpoints to retrieve data related to Rhenium:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1747461655,
"base": "USD",
"date": "2025-05-17",
"rates": {
"RHENIUM": 0.000482
},
"unit": "per troy ounce"
}
This response indicates that the latest price of Rhenium is 0.000482 per troy ounce, providing a snapshot of current market conditions.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1747375255,
"base": "USD",
"date": "2025-05-16",
"rates": {
"RHENIUM": 0.000485
},
"unit": "per troy ounce"
}
By querying the historical rates endpoint, you can retrieve the price of Rhenium for any specific date, allowing for trend analysis over time.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-05-10",
"end_date": "2025-05-17",
"base": "USD",
"rates": {
"2025-05-10": {
"RHENIUM": 0.000485
},
"2025-05-12": {
"RHENIUM": 0.000483
},
"2025-05-17": {
"RHENIUM": 0.000482
}
},
"unit": "per troy ounce"
}
This time-series response provides daily prices for Rhenium over a specified period, enabling developers to visualize price trends and fluctuations.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "RHENIUM",
"amount": 1000
},
"info": {
"timestamp": 1747461655,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The convert endpoint allows you to convert amounts from USD to Rhenium, providing a practical tool for financial transactions.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-05-10",
"end_date": "2025-05-17",
"base": "USD",
"rates": {
"RHENIUM": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -0.000003,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This response provides insights into how Rhenium prices have fluctuated over a specific period, highlighting both the absolute change and percentage change.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1747461655,
"base": "USD",
"date": "2025-05-17",
"rates": {
"RHENIUM": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
The OHLC endpoint provides critical data for traders and analysts, allowing them to assess market performance over a specific timeframe.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1747461655,
"base": "USD",
"date": "2025-05-17",
"rates": {
"RHENIUM": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 0.000002
}
},
"unit": "per troy ounce"
}
This endpoint provides the current bid and ask prices for Rhenium, which are essential for understanding market dynamics and making informed trading decisions.
Conclusion
The Metals-API is an invaluable resource for developers seeking to access historical prices and real-time data for Rhenium and other metals. By leveraging its comprehensive features, including various endpoints for retrieving latest rates, historical data, and market fluctuations, developers can create powerful applications that provide insights into metal markets.
As the demand for accurate and timely data continues to grow, the Metals-API stands out as a transformative tool that empowers businesses to make informed decisions based on real-time analytics. For more information on how to integrate this API into your applications, visit the Metals-API Website and explore the extensive Metals-API Documentation for detailed guidance on implementation.
By understanding the capabilities of the Metals-API and utilizing its features effectively, developers can harness the power of data analytics to drive innovation in the metal markets.