Retrieve the latest Iridium (IRD) prices using this API

Retrieve the Latest Iridium (IRD) Prices Using This API

In the rapidly evolving world of metals trading, having access to real-time data is crucial for making informed decisions. This is especially true for Iridium (IRD), a rare and valuable metal that has seen increased interest due to its applications in various high-tech industries. The Metals-API provides a powerful solution for developers looking to integrate real-time pricing and historical data for Iridium and other metals into their applications. In this blog post, we will explore the capabilities of the Metals-API, focusing on how it can be used to retrieve the latest Iridium prices and the transformative potential of real-time metals data.

About Iridium (IRD)

Iridium is one of the rarest elements on Earth, known for its high density and resistance to corrosion. It is primarily used in high-temperature applications, electrical contacts, and spark plugs. As industries continue to innovate and evolve, the demand for Iridium is expected to grow, particularly in the fields of electronics and renewable energy. The digital transformation in metal markets is paving the way for enhanced trading strategies and investment opportunities, driven by technological advancements and data analytics.

With the integration of smart technologies and data analytics, businesses can gain insights into market trends and make data-driven decisions. The Metals-API plays a crucial role in this transformation by providing developers with the tools needed to access real-time and historical data for Iridium and other metals. This API empowers developers to build next-generation applications that can analyze market fluctuations, track historical trends, and provide valuable insights into the metal markets.

API Description

The Metals-API is a comprehensive solution for accessing real-time metals prices and historical data. It offers a wide range of features that enable developers to create powerful applications tailored to their specific needs. The API is designed with innovation and technological advancement in mind, allowing for seamless integration into existing systems. With the Metals-API, developers can access a variety of endpoints that provide different functionalities, including retrieving the latest rates, historical data, and conversion capabilities.

For detailed information on how to get started, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on using the API effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have all the information they need to implement the API successfully.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to provide specific functionalities that cater to the needs of developers. Here are some of the key features:

Latest Rates Endpoint: This endpoint allows users to retrieve real-time exchange rate data for Iridium and other metals. Depending on the subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market fluctuations.
Historical Rates Endpoint: Users can access historical rates for Iridium dating back to 2019. By appending a specific date to the API request, developers can query historical data, enabling them to analyze trends over time and make informed decisions based on past performance.
Bid And Ask Endpoint: This powerful feature provides real-time bid and ask prices for Iridium, allowing traders to understand the current market sentiment and make strategic trading decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, which can be used to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice. This feature is invaluable for analyzing trends and fluctuations over specific periods.
Fluctuation Endpoint: This endpoint allows users to track how Iridium prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders make informed decisions.
Carat Endpoint: Users can retrieve information about Gold rates by Carat, which can be useful for businesses involved in jewelry manufacturing and trading.
Lowest/Highest Price Endpoint: This feature enables users to query the API to get the lowest and highest prices for Iridium over a specified period, helping traders identify potential buying or selling opportunities.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides users with the open, high, low, and close prices for Iridium, allowing for comprehensive market analysis.
Historical LME Endpoint: Users can access historical rates for LME symbols dating back to 2008, providing a wealth of data for analysis and decision-making.
API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data representation.
Available Endpoints: The API provides a constantly updated list of all available currencies and metals, ensuring that users have access to the latest information.
Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to a specific market segment.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments and trends.

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols, including Iridium (IRD). 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.

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": 1747994415,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "IRD": 0.000912,
        "XAU": 0.000482,
        "XAG": 0.03815
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1747908015,
    "base": "USD",
    "date": "2025-05-22",
    "rates": {
        "IRD": 0.000915,
        "XAU": 0.000485,
        "XAG": 0.03825
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

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

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "IRD",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747994415,
        "rate": 0.000912
    },
    "result": 0.912,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-16",
    "end_date": "2025-05-23",
    "base": "USD",
    "rates": {
        "IRD": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1747994415,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "IRD": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.000910,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1747994415,
    "base": "USD",
    "date": "2025-05-23",
    "rates": {
        "IRD": {
            "bid": 0.000910,
            "ask": 0.000912,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is a powerful tool for developers looking to access real-time and historical data for Iridium and other metals. With its wide range of endpoints and features, the API empowers developers to create innovative applications that can analyze market trends, track fluctuations, and provide valuable insights into the metal markets. By leveraging the capabilities of the Metals-API, businesses can stay ahead of the curve in an ever-evolving industry.

For more information on how to implement the Metals-API in your applications, be sure to check out the Metals-API Documentation. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of all available symbols, ensuring that you have access to the latest information. Start integrating the Metals-API today and unlock the potential of real-time metals data!

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Retrieve the latest Iridium (IRD) prices using this API