Get Iridium (IRD) prices using this API for real-time financial applications

Get Iridium (IRD) Prices Using This API for Real-Time Financial Applications

In the rapidly evolving landscape of financial technology, the demand for real-time data has never been more critical. One of the most intriguing elements in the precious metals market is Iridium (IRD), a rare metal known for its unique properties and applications. With the advent of APIs like the Metals-API, developers can access real-time pricing and historical data for Iridium and other metals, enabling the creation of innovative financial applications. This blog post delves into the intricacies of Iridium, its markets, and how the Metals-API empowers developers to harness real-time data effectively.

About Iridium (IRD)

Iridium is one of the densest elements on the periodic table and is highly resistant to corrosion. Its applications range from electrical contacts to spark plugs and even in the aerospace industry. As the world moves towards digital transformation, the metal markets are also evolving. The integration of smart technology and data analytics is reshaping how traders and investors interact with these markets.

Technological advancements have made it possible to track the fluctuations in metal prices in real-time. The Metals-API provides developers with the tools necessary to access this data, allowing for the creation of applications that can analyze market trends, forecast prices, and provide insights into investment opportunities. The future of trading in metals like Iridium is not just about the physical commodity but also about the data that surrounds it.

API Description

The Metals-API is a powerful tool that provides access to real-time and historical data for various metals, including Iridium. This API is designed for developers looking to build next-generation financial applications that require accurate and timely data. With its robust capabilities, the Metals-API allows for seamless integration into existing systems, enabling users to access a wealth of information at their fingertips.

One of the key 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, every 10 minutes, or even more frequently. This flexibility ensures that developers can tailor their applications to meet the specific needs of their users.

Key Features and Endpoints

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

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. For example, a developer can retrieve the latest rates for Iridium and other metals, allowing for immediate analysis and decision-making.
Historical Rates Endpoint: Developers can access historical rates dating back to 2019. This feature is crucial for analyzing trends over time and making informed predictions about future price movements.
Bid and Ask Endpoint: This powerful feature allows developers 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 from one metal to another or to/from USD. This is particularly useful for traders who operate in multiple currencies.
Time-Series Endpoint: This endpoint allows users to query daily historical rates between two dates, providing a comprehensive view of price movements over time.
Fluctuation Endpoint: Developers can track how metal prices fluctuate on a day-to-day basis, which is essential for understanding market volatility.
Carat Endpoint: This unique feature provides information about gold rates by carat, catering to jewelers and investors in the jewelry market.
Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specific date, which is vital for traders looking to optimize their buying and selling strategies.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, allowing for detailed market analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is essential for those tracking long-term trends in the metals market.
API Key: Each user is assigned a unique API key, which is required for accessing the API. This ensures secure and authorized access to the data.
API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Available Endpoints: The API offers a comprehensive list of endpoints, each designed to provide specific functionalities.
Supported Symbols Endpoint: This endpoint returns all available currencies, allowing developers to stay updated on the latest symbols supported by the API.
Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for local traders.
News Endpoint: The Metals-API provides access to the latest news articles related to various metals, keeping users informed about market developments.

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. This resource is invaluable for developers looking to understand the full scope of data available through the API.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1752469223,
    "base": "USD",
    "date": "2025-07-14",
    "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"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1752382823,
    "base": "USD",
    "date": "2025-07-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-07-07",
    "end_date": "2025-07-14",
    "base": "USD",
    "rates": {
        "2025-07-07": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-09": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-14": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1752469223,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-07",
    "end_date": "2025-07-14",
    "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"
}

OHLC (Open/High/Low/Close) Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1752469223,
    "base": "USD",
    "date": "2025-07-14",
    "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"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1752469223,
    "base": "USD",
    "date": "2025-07-14",
    "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"
}

Conclusion

The Metals-API is a transformative tool for developers looking to integrate real-time metals data into their applications. With its extensive range of endpoints and capabilities, it empowers users to access critical information about Iridium and other metals, facilitating informed decision-making in the financial markets. As the demand for real-time data continues to grow, APIs like the Metals-API will play a pivotal role in shaping the future of trading and investment in precious metals.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation. To explore the full list of supported symbols, check out the Metals-API Supported Symbols page. Embrace the future of financial applications with the power of real-time data at your fingertips.

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Get Iridium (IRD) prices using this API for real-time financial applications