Get Aluminum - LME 3-month (ALU3M) price data for market analysis using this API

Get Aluminum - LME 3-month (ALU3M) Price Data for Market Analysis Using This API

In today's fast-paced financial landscape, having access to real-time data is crucial for market analysis, especially in the metals sector. The Metals-API provides developers with the tools necessary to access comprehensive price data for various metals, including Aluminum (symbol: XAL). This blog post will delve into the significance of Aluminum in the market, explore the transformative capabilities of the Metals-API, and provide detailed insights into its features and endpoints.

Metals-API Information

About Aluminum (XAL)

Aluminum is a vital metal in numerous industries, ranging from construction to automotive manufacturing. Its lightweight nature, resistance to corrosion, and excellent conductivity make it a preferred choice for many applications. As the world moves towards digital transformation, the metal markets are also evolving. The integration of smart technologies and data analytics is reshaping how stakeholders interact with market data.

Technological advancements have led to the development of sophisticated data analytics tools that provide insights into market trends and price fluctuations. The future of Aluminum trading is likely to be characterized by increased automation and the use of artificial intelligence to predict market movements. The Metals-API plays a pivotal role in this transformation by offering real-time data that empowers developers to create applications that can analyze and visualize market trends effectively.

API Description

The Metals-API is a powerful tool that provides real-time and historical price data for various metals, including Aluminum. It enables developers to build next-generation applications that can leverage this data for market analysis, trading strategies, and investment decisions. The API's capabilities include accessing the latest rates, historical data, and conversion functionalities, making it a comprehensive solution for anyone involved in the metals market.

For more information, you can visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. This feature is essential for developers who need to access the most current market prices for Aluminum and other metals. The response includes the latest rates relative to USD, allowing for easy integration into applications.

{
        "success": true,
        "timestamp": 1745636494,
        "base": "USD",
        "date": "2025-04-26",
        "rates": {
            "XAL": 0.434783
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Access to historical rates dating back to 2019 allows developers to analyze trends over time. By appending a specific date to the endpoint, users can retrieve past prices for Aluminum, which is crucial for conducting thorough market analyses.

{
        "success": true,
        "timestamp": 1745550094,
        "base": "USD",
        "date": "2025-04-25",
        "rates": {
            "XAL": 0.432000
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

The Bid and Ask endpoint provides real-time bid and ask prices for Aluminum, enabling traders to make informed decisions based on the current market conditions. This feature is particularly useful for high-frequency trading applications.

{
        "success": true,
        "timestamp": 1745636494,
        "base": "USD",
        "date": "2025-04-26",
        "rates": {
            "XAL": {
                "bid": 0.434000,
                "ask": 0.435000,
                "spread": 0.001000
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert endpoint allows users to convert any amount of Aluminum from one currency to another. This feature is essential for applications that require currency conversion for pricing or trading purposes.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "XAL",
            "amount": 1000
        },
        "info": {
            "timestamp": 1745636494,
            "rate": 0.434783
        },
        "result": 434.783,
        "unit": "troy ounces"
    }

Time-Series Endpoint

The Time-Series endpoint allows users to query daily historical rates between two specified dates. This feature is particularly useful for analyzing trends and fluctuations over specific periods.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-04-19",
        "end_date": "2025-04-26",
        "base": "USD",
        "rates": {
            "2025-04-19": {
                "XAL": 0.430000
            },
            "2025-04-26": {
                "XAL": 0.434783
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how Aluminum prices fluctuate over a specified period. This data is invaluable for traders looking to understand market volatility.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-04-19",
        "end_date": "2025-04-26",
        "base": "USD",
        "rates": {
            "XAL": {
                "start_rate": 0.430000,
                "end_rate": 0.434783,
                "change": 0.004783,
                "change_pct": 1.11
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC endpoint provides essential data for traders by showing the open, high, low, and close prices for Aluminum over a specified period. This information is critical for technical analysis and decision-making.

{
        "success": true,
        "timestamp": 1745636494,
        "base": "USD",
        "date": "2025-04-26",
        "rates": {
            "XAL": {
                "open": 0.430000,
                "high": 0.435000,
                "low": 0.429000,
                "close": 0.434783
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME endpoint provides access to Aluminum rates dating back to 2008. This endpoint is particularly useful for long-term market analysis and understanding historical trends.

{
        "success": true,
        "timestamp": 1745550094,
        "base": "USD",
        "date": "2025-04-25",
        "rates": {
            "XAL": 0.432000
        },
        "unit": "per troy ounce"
    }

List of Symbols

The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time and historical data for Aluminum and other metals into their applications. With features such as the Latest Rates, Historical Rates, and various conversion endpoints, the API empowers users to make informed decisions based on accurate market data. As the metals market continues to evolve with technological advancements, the Metals-API stands at the forefront, providing the necessary tools for developers to harness the power of data analytics and smart technology integration.

For more detailed information on how to implement these features, visit the Metals-API Documentation. By leveraging the capabilities of the Metals-API, developers can create innovative applications that not only analyze market trends but also predict future movements, ensuring they stay ahead in the competitive metals market.