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Get Zinc - LME 3-month (ZNC3M) Historical Prices to enhance your trading strategies using this API

Get Zinc - LME 3-month (ZNC3M) Historical Prices to enhance your trading strategies using this API

Get Zinc - LME 3-month (ZNC3M) Historical Prices to enhance your trading strategies using this API

Get Zinc - LME 3-month (ZNC3M) Historical Prices to Enhance Your Trading Strategies Using This API

In the ever-evolving landscape of metal trading, having access to accurate and timely data is crucial for making informed decisions. One of the most significant metals in the market is Zinc, represented by the symbol XZN. This blog post will delve into how you can leverage the Metals-API to obtain historical prices for Zinc, thereby enhancing your trading strategies. We will explore the digital transformation in metal markets, the technological innovations that have emerged, and how data analytics can provide valuable insights for traders.

About Zinc (XZN)

Zinc is a versatile metal widely used in various industries, including construction, automotive, and electronics. As the demand for Zinc continues to rise, understanding its price movements becomes increasingly important for traders and investors. The digital transformation in metal markets has opened up new avenues for accessing real-time data, allowing traders to make quicker and more informed decisions.

Technological advancements have led to the integration of smart technologies in trading platforms, enabling users to analyze market trends and fluctuations with unprecedented accuracy. Data analytics plays a pivotal role in this transformation, providing insights that can help traders anticipate market movements and adjust their strategies accordingly. The future of Zinc trading is likely to be shaped by these innovations, as traders increasingly rely on data-driven approaches to optimize their investments.

Metals-API Overview

The Metals-API is a powerful tool designed for developers and traders looking to access real-time and historical data for various metals, including Zinc. This API empowers users to build next-generation applications that can analyze and visualize metal prices, enabling them to make data-driven decisions. With its comprehensive set of features, the Metals-API stands out as a vital resource for anyone involved in metal trading.

One of the key capabilities of the Metals-API is its ability to provide historical prices for metals, including Zinc. By utilizing the Historical Rates Endpoint, users can retrieve historical price data dating back to 2008. This feature is particularly useful for traders looking to analyze past trends and make predictions about future price movements.

Key Features of Metals-API

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

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or even every 10 minutes. This feature is essential for traders who need to stay updated on the latest market conditions.
  • Historical Rates Endpoint: Access historical exchange rates for most metals dating back to 2019. You can query the API for historical rates by appending a specific date, allowing for detailed analysis of price movements over time.
  • Bid and Ask Endpoint: This powerful feature enables you to retrieve real-time Bid and Ask prices, providing insights into market liquidity and helping traders make informed decisions.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders dealing with multiple currencies.
  • Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice, making it easier to analyze trends over specific periods.
  • Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific date, allowing traders to assess market performance over time.
  • Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008. This feature is essential for traders looking to analyze long-term trends in metal prices.
  • API Key: Your unique API key is required to access the Metals-API, ensuring secure and authorized usage of the service.
  • API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
  • News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments and trends.

Understanding API Responses

When using the Metals-API, understanding the structure of the API responses is crucial for effective data utilization. Here’s a breakdown of the response fields for some key endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748437217,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

The response includes a success flag indicating whether the request was successful, a timestamp of the data retrieval, the base currency (USD), the date of the rates, and the rates for various metals, including Zinc.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1748350817,
    "base": "USD",
    "date": "2025-05-27",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response provides historical rates for the specified date, allowing traders to analyze past performance and trends.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "base": "USD",
    "rates": {
        "2025-05-21": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-23": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-28": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This endpoint provides a time series of rates between two specified dates, allowing for detailed trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748437217,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or currencies, providing a clear result along with the conversion rate.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-21",
    "end_date": "2025-05-28",
    "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"
}

This endpoint provides insights into how metal prices fluctuate over a specified period, which is essential for understanding market volatility.

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

{
    "success": true,
    "timestamp": 1748437217,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

This endpoint provides the open, high, low, and close prices for a specific date, which is crucial for traders looking to analyze daily market performance.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748437217,
    "base": "USD",
    "date": "2025-05-28",
    "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"
}

The Bid/Ask Endpoint provides current bid and ask prices for metals, which is essential for traders looking to execute orders at optimal prices.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into your trading platform can significantly enhance your trading strategies. Here are some practical use cases:

  • Automated Trading Systems: By utilizing the real-time data from the Latest Rates Endpoint, traders can develop automated trading systems that execute trades based on predefined criteria.
  • Market Analysis Tools: The Historical Rates and Time-Series Endpoints can be used to create market analysis tools that visualize price trends and help traders make informed decisions.
  • Risk Management Solutions: By tracking fluctuations using the Fluctuation Endpoint, traders can develop risk management solutions that adjust their positions based on market volatility.
  • Portfolio Management Applications: The Convert Endpoint can be integrated into portfolio management applications to provide users with insights into the value of their holdings across different metals.

Conclusion

In conclusion, the Metals-API offers a comprehensive suite of features that empower traders to access real-time and historical data for Zinc and other metals. By leveraging this API, traders can enhance their trading strategies, make informed decisions, and stay ahead of market trends. The integration of smart technologies and data analytics into trading platforms is transforming the metal markets, providing unprecedented opportunities for traders.

For more information on how to utilize the Metals-API effectively, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Embrace the future of metal trading with the power of real-time data at your fingertips.

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