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Retrieve SMM Copper Cathode (SMM-XCU) Historical Prices through this API

Retrieve SMM Copper Cathode (SMM-XCU) Historical Prices through this API

Retrieve SMM Copper Cathode (SMM-XCU) Historical Prices through this API

Retrieve SMM Copper Cathode (SMM-XCU) Historical Prices through this API

In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. The ability to retrieve historical prices for metals, such as the SMM Copper Cathode (SMM-XCU), is essential for traders, analysts, and developers alike. With the Metals-API, users can access a wealth of information that empowers them to make informed decisions based on real-time and historical data. This blog post will delve into the capabilities of the Metals-API, focusing on how to retrieve historical prices for SMM Copper Cathode and explore the broader implications of digital transformation in metal markets.

About Copper (XCU)

Copper, represented by the symbol XCU, is a fundamental metal in various industries, including construction, electronics, and renewable energy. As we navigate through the digital transformation of metal markets, the integration of advanced technologies and data analytics is reshaping how we interact with metal pricing and trading. The rise of smart technology in the metals sector has led to innovative solutions that enhance transparency and efficiency.

Technological advancements have enabled the collection and analysis of vast amounts of data, providing insights that were previously unattainable. The integration of data analytics into trading strategies allows for more precise forecasting and decision-making. As we look to the future, the possibilities for innovation in the copper market are boundless, with trends pointing towards increased automation, real-time data access, and enhanced user experiences.

API Description

The Metals-API is a powerful tool that provides developers with the ability to access real-time and historical metal prices through a simple and intuitive interface. This API is designed to facilitate the development of next-generation applications that require accurate metal pricing data. With its robust capabilities, the Metals-API empowers users to build applications that can analyze trends, forecast prices, and optimize trading strategies.

One of the standout features of the 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 available. This feature is particularly beneficial for traders who need to react quickly to market fluctuations.

Moreover, the Metals-API offers a comprehensive range of endpoints that cater to various needs. For instance, the Historical Rates Endpoint allows users to access historical prices dating back to 2019, making it an invaluable resource for those looking to analyze past trends and make informed predictions about future movements.

Key Features and Endpoints

The Metals-API provides several key features that enhance its usability and functionality:

  • Latest Rates Endpoint: This endpoint returns real-time exchange rate data for metals, updated based on your subscription plan. For example, if you are subscribed to the most frequent update plan, you can receive data every 10 minutes, ensuring that you are always informed of the latest market conditions.
  • Historical Rates Endpoint: Users can query historical rates by appending a specific date to the API request. This feature is crucial for analysts who need to review past performance and identify trends over time.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for traders operating in multiple currencies.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two specified dates. This endpoint is ideal for those looking to analyze trends over specific periods.
  • Fluctuation Endpoint: This endpoint provides information on how metal prices fluctuate on a day-to-day basis, allowing users to track volatility and make informed trading decisions.
  • Carat Endpoint: For those interested in gold, this endpoint allows users to retrieve information about gold rates by carat, catering to jewelers and investors alike.
  • 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 open, high, low, and close prices for a specific date, which is essential for technical analysis.
  • Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, making it a valuable resource for long-term analysis.
  • API Key: Your unique API key is essential for accessing the Metals-API and must be included in your requests to authenticate your access.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Available Endpoints: The Metals-API offers a wide range of endpoints, each designed to fulfill specific data needs.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring that users can easily find the data they need.
  • Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, catering to regional market needs.
  • News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

API Endpoint Examples and Responses

To illustrate the functionality of the Metals-API, let’s explore some example responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1747990817,
    "base": "USD",
    "date": "2025-05-23",
    "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 current price of SMM Copper Cathode (XCU) is 0.294118 per troy ounce, relative to USD.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747904417,
    "base": "USD",
    "date": "2025-05-22",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows historical rates for a specific date, allowing users to analyze past pricing trends.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-16",
    "end_date": "2025-05-23",
    "base": "USD",
    "rates": {
        "2025-05-16": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-18": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-23": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of rates over a specified period, enabling users to visualize trends and fluctuations.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747990817,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example demonstrates the conversion of 1000 USD to gold (XAU), showing the result in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-16",
    "end_date": "2025-05-23",
    "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 response provides insights into how prices have fluctuated over a specified period, which is crucial for understanding market volatility.

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

{
    "success": true,
    "timestamp": 1747990817,
    "base": "USD",
    "date": "2025-05-23",
    "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 endpoint provides open, high, low, and close prices, which are essential for traders conducting technical analysis.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1747990817,
    "base": "USD",
    "date": "2025-05-23",
    "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 response provides the current bid and ask prices, which are crucial for traders looking to execute orders effectively.

Conclusion

The Metals-API is a transformative tool that empowers developers and traders to access real-time and historical metal pricing data with ease. By leveraging the capabilities of this API, users can build applications that analyze trends, optimize trading strategies, and make informed decisions based on accurate data. The integration of advanced technologies and data analytics into the metal markets is paving the way for a more efficient and transparent trading environment.

As we continue to explore the potential of the Metals-API, it is essential to stay informed about the latest developments in the industry. For more information, refer to the Metals-API Documentation and the Metals-API Supported Symbols page. By harnessing the power of real-time data, we can navigate the complexities of the metal markets and seize opportunities as they arise.

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