Get real-time Iridium (IRD) prices using this API for accurate market analysis
Get Real-Time Iridium (IRD) Prices Using This API for Accurate Market Analysis
In the rapidly evolving landscape of metal markets, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access live pricing information for various metals, including Iridium (IRD). This blog post will delve into the significance of Iridium in the market, the transformative capabilities of the Metals-API, and how developers can leverage this API to build next-generation applications that utilize real-time data for market analysis.
About Iridium (IRD)
Iridium is a rare metal that has gained prominence due to its unique properties and applications in various industries, including electronics, aerospace, and automotive. As digital transformation continues to reshape the metal markets, Iridium stands out as a critical component in advanced technologies. The integration of smart technology and data analytics has revolutionized how traders and investors analyze market trends and make decisions.
Technological advancements have enabled the collection and analysis of vast amounts of data, providing insights that were previously unattainable. With the rise of data analytics, stakeholders can now predict market movements, assess risks, and optimize their investment strategies. The future of Iridium and other metals is closely tied to these innovations, as they pave the way for more efficient trading practices and enhanced market transparency.
API Description
The Metals-API is a powerful tool that allows developers to access real-time and historical pricing data for various metals, including Iridium. This API empowers developers to create applications that can analyze market trends, track price fluctuations, and convert between different metal currencies. The API's capabilities are designed to facilitate innovation and enhance the decision-making process for traders and investors.
With the Metals-API, developers can harness the power of real-time data to build applications that provide insights into market dynamics. The API supports a wide range of endpoints, each designed to deliver specific functionalities, from retrieving the latest rates to accessing historical data and tracking fluctuations. This versatility makes it an invaluable resource for anyone involved in the metal markets.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the metal trading ecosystem. Each endpoint provides unique functionalities that can be integrated into applications to enhance user experience and analytical capabilities.
Latest Rates Endpoint
The Latest Rates Endpoint allows users to retrieve real-time exchange rate data for metals. Depending on the subscription plan, the API can return updates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay informed about current market conditions.
{
"success": true,
"timestamp": 1760832089,
"base": "USD",
"date": "2025-10-19",
"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
The Historical Rates Endpoint provides access to historical exchange rates for most currencies dating back to 2019. Users can query the API for historical rates by appending a specific date to the request. This feature is particularly useful for conducting market analysis and understanding past trends.
{
"success": true,
"timestamp": 1760745689,
"base": "USD",
"date": "2025-10-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"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 metals. This information is crucial for traders looking to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1760832089,
"base": "USD",
"date": "2025-10-19",
"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"
}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 traders who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1760832089,
"rate": 0.000482
},
"result": 0.482,
"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 feature is invaluable for conducting in-depth market analysis over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-10-12",
"end_date": "2025-10-19",
"base": "USD",
"rates": {
"2025-10-12": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-14": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-19": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint enables users to retrieve information about how currencies fluctuate on a day-to-day basis. This feature is essential for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-12",
"end_date": "2025-10-19",
"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"
}Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows users to query the API for the open, high, low, and close prices for a specific time period. This data is crucial for traders who rely on technical analysis to make decisions.
{
"success": true,
"timestamp": 1760832089,
"base": "USD",
"date": "2025-10-19",
"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"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in long-term trends and historical analysis.
{
"success": true,
"timestamp": 1760745689,
"base": "USD",
"date": "2025-10-18",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"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. This resource is invaluable for developers looking to integrate specific metals into their applications.
Conclusion
The Metals-API is a transformative tool for developers looking to access real-time and historical pricing data for metals like Iridium. By leveraging the capabilities of this API, developers can create applications that provide valuable insights into market trends, facilitate trading decisions, and enhance overall market analysis. The various endpoints, including the Latest Rates, Historical Rates, and Bid/Ask endpoints, offer a wealth of information that can be utilized in numerous ways.
As the metal markets continue to evolve, the integration of advanced technologies and data analytics will play a crucial role in shaping the future of trading. By utilizing the Metals-API Documentation, developers can explore the full potential of this API and implement innovative solutions that drive efficiency and accuracy in market analysis.