Access Historical Tungsten (TUNGSTEN) Prices in Different Currencies with this API
Access Historical Tungsten (TUNGSTEN) Prices in Different Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for accessing historical tungsten (TUNGSTEN) prices in various currencies, enabling users to make informed decisions based on reliable data. This blog post will delve into how the Metals-API empowers developers to harness the potential of real-time metals data, explore its innovative features, and discuss potential business applications.
About Tungsten (TUNGSTEN)
Tungsten, represented by the symbol TUNGSTEN, is a critical metal used in various industrial applications, from manufacturing to electronics. As industries evolve, the demand for accurate pricing data becomes increasingly important. The digital transformation in metal markets has led to technological innovations that allow for real-time data analytics and insights. By integrating smart technology, businesses can leverage this data to optimize their operations and stay competitive.
With the Metals-API, developers can access a wealth of information about tungsten prices, including historical data dating back to 2019. This capability opens up numerous possibilities for businesses looking to analyze market trends, forecast future prices, and make strategic decisions based on comprehensive data analytics.
API Description
The Metals-API is designed to provide developers with a robust platform for accessing metals pricing data. Its capabilities include real-time exchange rates, historical data, and various endpoints that cater to different business needs. The API's innovative design allows for seamless integration into applications, enabling developers to build next-generation solutions that can transform how businesses interact with metal markets.
For more detailed information on how to implement the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on utilizing the API's features effectively.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that provide different functionalities, each designed to meet specific business needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for tungsten and other metals. Depending on your subscription plan, updates can occur every 60 minutes or even more frequently. This feature is essential for businesses that require up-to-the-minute pricing information to make timely decisions.
- Historical Rates Endpoint: Users can access historical rates for tungsten dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for tungsten. Understanding the bid-ask spread is crucial for traders and businesses involved in buying and selling metals.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one currency to another. This is particularly useful for businesses operating in multiple countries or dealing with international clients.
- Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates. This feature is beneficial for analyzing price movements over time and identifying patterns.
- Fluctuation Endpoint: Users can track how tungsten prices fluctuate on a day-to-day basis. This information is critical for businesses that need to understand market volatility and adjust their strategies accordingly.
- Lowest/Highest Price Endpoint: This endpoint provides the lowest and highest prices for tungsten over a specified period, helping businesses identify market extremes and make informed decisions.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for tungsten, which is essential for traders looking to analyze price movements and make strategic trading decisions.
- Historical LME Endpoint: This endpoint provides access to historical rates for tungsten on the London Metal Exchange (LME), dating back to 2008. This is particularly useful for businesses involved in trading tungsten on international markets.
- API Key: Each user is assigned a unique API key that must be included in the API requests. This key is essential for authentication and ensures secure access to the API's features.
- API Response: The Metals-API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to integrate into their applications.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
- News Endpoint: Users can retrieve the latest news articles related to tungsten and other metals, keeping them informed about market developments and trends.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective integration. Here are some examples of the API responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766016512,
"base": "USD",
"date": "2025-12-18",
"rates": {
"TUNGSTEN": 0.000482
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765930112,
"base": "USD",
"date": "2025-12-17",
"rates": {
"TUNGSTEN": 0.000485
},
"unit": "per troy ounce"
}
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"base": "USD",
"rates": {
"2025-12-11": {
"TUNGSTEN": 0.000485
},
"2025-12-18": {
"TUNGSTEN": 0.000482
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "TUNGSTEN",
"amount": 1000
},
"info": {
"timestamp": 1766016512,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-11",
"end_date": "2025-12-18",
"base": "USD",
"rates": {
"TUNGSTEN": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1766016512,
"base": "USD",
"date": "2025-12-18",
"rates": {
"TUNGSTEN": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1766016512,
"base": "USD",
"date": "2025-12-18",
"rates": {
"TUNGSTEN": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
The Metals-API provides a comprehensive solution for accessing historical tungsten prices in various currencies, making it an invaluable tool for developers and businesses alike. With its innovative features, including real-time rates, historical data, and various endpoints, the API empowers users to make informed decisions based on accurate data. By leveraging the capabilities of the Metals-API, businesses can enhance their operations, optimize their strategies, and stay ahead in the competitive metal markets.
For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Supported Symbols page for a complete list of available metals and currencies. Additionally, the Metals-API Documentation offers detailed guidance on implementing the API effectively.
In a world where data drives decisions, the Metals-API stands out as a transformative tool that enables businesses to harness the power of real-time metals data. Whether you are a trader, a developer, or a business owner, integrating the Metals-API into your operations can lead to enhanced insights, improved decision-making, and ultimately, greater success in the metal markets.