Fetch Palladium (XPD) Historical Prices from this API Endpoint

Introduction

Palladium (XPD) has emerged as a critical metal in various industries, particularly in automotive technology and environmental solutions. As the demand for cleaner technologies increases, the need for accurate and timely data on palladium prices becomes essential. This is where the Metals-API comes into play, providing developers with the tools to fetch historical prices and real-time data for palladium and other metals. In this blog post, we will explore the capabilities of the Metals-API, focusing on how to retrieve historical prices for palladium and the transformative potential of real-time metals data.

About Palladium (XPD)

Palladium is a rare precious metal that plays a pivotal role in the automotive industry, particularly in catalytic converters, which help reduce harmful emissions. As automotive technology continues to innovate, palladium's importance is underscored by its use in electric vehicles and hybrid technologies. Furthermore, palladium is gaining traction in environmental solutions, where its catalytic properties are utilized to facilitate chemical reactions that reduce pollutants.

The integration of palladium into digital supply chains and smart manufacturing processes is also noteworthy. As industries move towards more sustainable practices, the demand for palladium is expected to rise, necessitating accurate tracking of its market value. The Metals-API provides a robust framework for developers to access this data, enabling the creation of applications that can respond to market changes in real-time.

Metals-API Overview

The Metals-API is a powerful tool that offers developers access to a wide range of functionalities related to metal prices. With its extensive capabilities, the API allows users to fetch real-time and historical data, making it an invaluable resource for financial analysts, traders, and developers alike. The API supports various endpoints, each designed to cater to specific data retrieval needs, from the latest rates to historical trends.

Key Features of Metals-API

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

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for palladium and other metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that users have access to the most current market information.
• Historical Rates Endpoint: Users can access historical rates for palladium dating back to 2019. By appending a specific date to the API request, developers can retrieve past prices, which is essential for market analysis and trend forecasting.
• Bid and Ask Endpoint: This feature allows users to obtain real-time bid and ask prices for palladium, providing insights into market liquidity and pricing dynamics.
• Convert Endpoint: The Metals-API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD, facilitating easier financial calculations.
• Time-Series Endpoint: This endpoint allows users to query daily historical rates between two specified dates, making it easier to analyze price trends over time.
• Fluctuation Endpoint: Users can track how palladium prices fluctuate over a specified period, providing insights into market volatility and trends.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed pricing information, including the opening, highest, lowest, and closing prices for palladium over a specified time frame.
• Historical LME Endpoint: For users interested in LME symbols, this endpoint offers historical rates dating back to 2008, allowing for comprehensive market analysis.
• News Endpoint: Users can retrieve the latest news articles related to palladium and other metals, keeping them informed about market developments and trends.

Understanding API Responses

When interacting with the Metals-API, understanding the structure of API responses is crucial for effective data utilization. Each endpoint returns a JSON response, which includes various fields that provide essential information.

Latest Rates Endpoint Example

The Latest Rates Endpoint returns real-time exchange rates for palladium. Below is an example of a typical response:

{
"success": true,
"timestamp": 1764896542,
"base": "USD",
"date": "2025-12-05",
"rates": {
"XPD": 0.000744
},
"unit": "per troy ounce"
}

In this response, the success field indicates whether the request was successful. The timestamp provides the time of the data retrieval, while the base indicates the currency against which the rates are quoted. The rates object contains the current price of palladium (XPD) per troy ounce.

Historical Rates Endpoint Example

To access historical prices, developers can use the Historical Rates Endpoint. Here’s an example response:

{
"success": true,
"timestamp": 1764810142,
"base": "USD",
"date": "2025-12-04",
"rates": {
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This response provides the historical price of palladium for a specific date, allowing users to analyze past market trends.

Time-Series Endpoint Example

The Time-Series Endpoint allows users to retrieve exchange rates for a specific time period. Below is an example response:

{
"success": true,
"timeseries": true,
"start_date": "2025-11-28",
"end_date": "2025-12-05",
"base": "USD",
"rates": {
"2025-11-28": {
"XPD": 0.000748
},
"2025-12-05": {
"XPD": 0.000744
}
},
"unit": "per troy ounce"
}

This response provides a time series of palladium prices, allowing users to visualize price changes over the specified period.

Common Use Cases

The Metals-API can be utilized in various applications, including:

• Financial Analysis: Traders and analysts can use the API to track palladium prices, analyze trends, and make informed investment decisions.
• Market Research: Researchers can access historical data to study market behavior and price fluctuations, contributing to academic and industry research.
• Application Development: Developers can integrate the Metals-API into financial applications, dashboards, or trading platforms to provide users with real-time data.

Performance Optimization and Security Considerations

When using the Metals-API, it is essential to consider performance optimization and security best practices. Here are some strategies:

• Rate Limiting: Be aware of the API's rate limits based on your subscription plan. Optimize your requests to avoid hitting these limits.
• Data Caching: Implement caching mechanisms to store frequently accessed data, reducing the number of API calls and improving application performance.
• Secure API Key Management: Keep your API key secure and do not expose it in client-side code. Use server-side requests to protect your key.

Conclusion

The Metals-API is a powerful resource for developers seeking to access real-time and historical data on palladium prices. By leveraging its various endpoints, users can gain insights into market trends, make informed decisions, and develop innovative applications. As industries continue to evolve, the demand for accurate metals data will only increase, making the Metals-API an invaluable tool in the financial landscape. For more information, explore the Metals-API Documentation and the Metals-API Supported Symbols to fully utilize its capabilities.