Get Palladium Ask (XPD-ASK) prices using this API
Get Palladium Ask (XPD-ASK) Prices Using This API
In the world of precious metals, Palladium (XPD) stands out not only for its rarity but also for its critical role in various industries, particularly in automotive technology. As the demand for cleaner automotive solutions grows, Palladium has become an essential component in catalytic converters, helping to reduce harmful emissions. In this blog post, we will delve into the intricacies of Palladium, its markets, and how the Metals-API can be leveraged to access real-time Palladium prices and other valuable data.
Metals-API Information
About Palladium (XPD)
Palladium is a precious metal that has gained significant attention due to its applications in automotive technology, particularly in catalytic converters, which are crucial for reducing vehicle emissions. As the automotive industry shifts towards greener technologies, the demand for Palladium is expected to rise. Additionally, Palladium plays a role in various environmental solutions, digital supply chains, and smart manufacturing processes. The integration of technology in these sectors is transforming how Palladium is sourced, processed, and utilized, making it a focal point for innovation.
API Description
The Metals-API provides developers with a powerful tool to access real-time and historical data on various metals, including Palladium. This API is designed to empower developers to create next-generation applications that can analyze market trends, track price fluctuations, and facilitate currency conversions with ease. By utilizing the Metals-API, developers can integrate real-time metals data into their applications, enhancing decision-making processes and providing users with up-to-date information.
Key Features and Endpoints
The Metals-API offers a range of endpoints that cater to different needs, allowing developers to access various functionalities. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates endpoint provides real-time exchange rate data for Palladium and other metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes or even more frequently. This feature is particularly useful for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1744589028,
"base": "USD",
"date": "2025-04-14",
"rates": {
"XPD": 0.000744
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For developers interested in analyzing trends over time, the Historical Rates endpoint allows access to historical exchange rates dating back to 2019. By appending a specific date to the API request, users can retrieve past rates, which is invaluable for market analysis and forecasting.
{
"success": true,
"timestamp": 1744502628,
"base": "USD",
"date": "2025-04-13",
"rates": {
"XPD": 0.000748
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for Palladium. This information is crucial for traders and investors who need to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1744589028,
"base": "USD",
"date": "2025-04-14",
"rates": {
"XPD": {
"bid": 0.000740,
"ask": 0.000744,
"spread": 0.000004
}
},
"unit": "per troy ounce"
}Convert Endpoint
The Convert endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for applications that require currency conversion for pricing or trading purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XPD",
"amount": 1000
},
"info": {
"timestamp": 1744589028,
"rate": 0.000744
},
"result": 0.744,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series endpoint allows users to query the API for daily historical rates between two dates of their choice. This is particularly useful for analyzing price trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-07",
"end_date": "2025-04-14",
"base": "USD",
"rates": {
"2025-04-07": {
"XPD": 0.000748
},
"2025-04-14": {
"XPD": 0.000744
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation endpoint provides insights into how Palladium prices fluctuate on a day-to-day basis. This feature is essential for traders looking to understand market volatility and make strategic decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-07",
"end_date": "2025-04-14",
"base": "USD",
"rates": {
"XPD": {
"start_rate": 0.000748,
"end_rate": 0.000744,
"change": -0.000004,
"change_pct": -0.53
}
},
"unit": "per troy ounce"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC endpoint allows users to retrieve the open, high, low, and close prices for Palladium over a specified time period. This data is crucial for technical analysis and understanding market trends.
{
"success": true,
"timestamp": 1744589028,
"base": "USD",
"date": "2025-04-14",
"rates": {
"XPD": {
"open": 0.000748,
"high": 0.000750,
"low": 0.000740,
"close": 0.000744
}
},
"unit": "per troy ounce"
}Lowest/Highest Price Endpoint
The Lowest/Highest Price endpoint allows users to query the API to get the lowest and highest price of Palladium over a specified date range. This feature is useful for identifying market extremes.
{
"success": true,
"timestamp": 1744589028,
"base": "USD",
"date": "2025-04-14",
"rates": {
"XPD": {
"lowest": 0.000740,
"highest": 0.000750
}
},
"unit": "per troy ounce"
}API Key and Authentication
To access the Metals-API, developers need to obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features.
API Response Structure
The API responses are structured in a JSON format, providing clear and concise data. Each response includes fields such as success status, timestamp, base currency, date, and rates for the requested metals. Understanding the structure of these responses is crucial for developers to effectively parse and utilize the data in their applications.
Common Use Cases for Palladium Data
Developers can leverage the Metals-API for various applications, including:
- Trading Platforms: Integrating real-time Palladium prices into trading applications to enable users to make informed trading decisions.
- Market Analysis Tools: Building analytical tools that utilize historical data to forecast future price movements and trends.
- Financial Reporting: Automating financial reports that require up-to-date pricing information for Palladium and other metals.
- Investment Applications: Creating investment platforms that provide users with insights into the performance of Palladium as an asset class.
Conclusion
Palladium is a vital metal in today's economy, particularly in the automotive sector, and its importance is only expected to grow as industries shift towards more sustainable practices. The Metals-API offers a comprehensive suite of tools for developers to access real-time and historical data on Palladium and other metals. By utilizing the various endpoints, developers can create innovative applications that provide valuable insights into market trends and pricing. For more detailed information on how to implement these features, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.