How to Access Copper (XCU) Historical Prices Using Metals-API

How to Access Copper (XCU) Historical Prices Using Metals-API
In the ever-evolving landscape of metal markets, accessing accurate and timely data is crucial for informed decision-making. Copper (XCU), a vital industrial metal, is no exception. With the rise of digital transformation and technological innovation, developers now have the opportunity to leverage powerful tools like the Metals-API to access historical prices and real-time data. This blog post will guide you through the process of accessing Copper's historical prices using Metals-API, while also exploring the broader implications of technological advancements in the metal markets.
Metals-API Information
About Copper (XCU)
Copper is one of the most widely used metals in the world, playing a critical role in electrical wiring, plumbing, and various industrial applications. As industries increasingly rely on data analytics and smart technology integration, the demand for accurate pricing data has surged. The Metals-API offers a robust solution for developers looking to harness real-time and historical data for Copper and other metals.
Digital transformation in metal markets has paved the way for innovative applications that utilize data analytics to provide insights into market trends. By integrating smart technology, businesses can optimize their operations, reduce costs, and enhance decision-making processes. The future of metal trading is undoubtedly intertwined with technological advancements, and Metals-API stands at the forefront of this evolution.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical metal prices. It empowers users to build next-generation applications that can analyze market trends, perform currency conversions, and track fluctuations in metal prices. With a focus on innovation and technological advancement, Metals-API is transforming how businesses interact with metal market data.
One of the key features of Metals-API is its ability to deliver real-time data, allowing developers to create applications that respond to market changes instantaneously. The API supports a variety of endpoints, each designed to cater to specific data needs, from retrieving the latest rates to accessing historical data dating back to 2019.
Key Features and Endpoints
Metals-API offers a comprehensive suite of endpoints that cater to various data retrieval needs. Here are some of the most notable features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for Copper and other metals. Rates are updated every 60 minutes, every 10 minutes, or even more frequently, depending on your plan.
- Historical Rates Endpoint: Access historical rates for Copper dating back to 2019. By appending a specific date to your query, you can retrieve the price of Copper on that date, allowing for in-depth analysis of market trends.
- Bid and Ask Endpoint: This feature enables you to retrieve real-time bid and ask prices for Copper, providing insight into the current market conditions.
- Convert Endpoint: Easily convert any amount of Copper from one currency to another using this dedicated endpoint, facilitating seamless transactions across different markets.
- Time-Series Endpoint: Query daily historical rates between two dates of your choice, allowing for comprehensive analysis of price movements over time.
- Fluctuation Endpoint: Track how Copper prices fluctuate on a day-to-day basis, providing valuable insights into market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve detailed OHLC data for Copper, which is essential for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols, including Copper, dating back to 2008, which is invaluable for long-term market analysis.
- API Key: Your unique API key is essential for accessing the Metals-API, ensuring secure and authorized data retrieval.
- API Response: All exchange rates are delivered relative to USD, with data returned in a structured JSON format for easy integration into applications.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, including Copper, ensuring you have access to the latest data.
- News Endpoint: Stay updated with the latest news articles related to Copper and other metals, helping you stay 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 integrate multiple metal data points into their applications.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various API endpoints, complete with JSON responses and explanations of each field.
Latest Rates Endpoint
To get real-time exchange rates for Copper, you can use the Latest Rates Endpoint. Here’s an example response:
{
"success": true,
"timestamp": 1745283839,
"base": "USD",
"date": "2025-04-22",
"rates": {
"XCU": 0.294118
},
"unit": "per troy ounce"
}
In this response:
- success: Indicates whether the request was successful.
- timestamp: The time at which the data was retrieved.
- base: The base currency for the exchange rates, which is USD in this case.
- date: The date for which the rates are applicable.
- rates: An object containing the exchange rates for various metals, including Copper (XCU).
- unit: Specifies the unit of measurement for the rates.
Historical Rates Endpoint
Accessing historical exchange rates for Copper is straightforward. Here’s an example response:
{
"success": true,
"timestamp": 1745197439,
"base": "USD",
"date": "2025-04-21",
"rates": {
"XCU": 0.290000
},
"unit": "per troy ounce"
}
This response provides historical data for Copper, allowing developers to analyze price trends over time.
Time-Series Endpoint
The Time-Series Endpoint allows you to query exchange rates for a specific time period. Here’s an example response:
{
"success": true,
"timeseries": true,
"start_date": "2025-04-15",
"end_date": "2025-04-22",
"base": "USD",
"rates": {
"2025-04-15": {
"XCU": 0.290000
},
"2025-04-22": {
"XCU": 0.294118
}
},
"unit": "per troy ounce"
}
This endpoint is particularly useful for developers looking to analyze trends and fluctuations in Copper prices over a specified period.
Convert Endpoint
To convert amounts of Copper from one currency to another, you can use the Convert Endpoint. Here’s an example response:
{
"success": true,
"query": {
"from": "USD",
"to": "XCU",
"amount": 1000
},
"info": {
"timestamp": 1745283839,
"rate": 0.294118
},
"result": 294.118,
"unit": "troy ounces"
}
This response shows how much Copper you can get for a specified amount in USD, which is essential for financial planning and transactions.
Fluctuation Endpoint
Tracking fluctuations in Copper prices can provide valuable insights. Here’s an example response:
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-15",
"end_date": "2025-04-22",
"base": "USD",
"rates": {
"XCU": {
"start_rate": 0.290000,
"end_rate": 0.294118,
"change": 0.004118,
"change_pct": 1.42
}
},
"unit": "per troy ounce"
}
This endpoint provides a comprehensive view of how Copper prices have changed over a specified period, which is crucial for market analysis.
Open/High/Low/Close (OHLC) Price Endpoint
For traders, the OHLC data is essential. Here’s an example response:
{
"success": true,
"timestamp": 1745283839,
"base": "USD",
"date": "2025-04-22",
"rates": {
"XCU": {
"open": 0.290000,
"high": 0.295000,
"low": 0.289000,
"close": 0.294118
}
},
"unit": "per troy ounce"
}
This response provides the opening, highest, lowest, and closing prices for Copper, which are critical for making informed trading decisions.
Bid/Ask Endpoint
To get the current bid and ask prices for Copper, you can use the Bid/Ask Endpoint. Here’s an example response:
{
"success": true,
"timestamp": 1745283839,
"base": "USD",
"date": "2025-04-22",
"rates": {
"XCU": {
"bid": 0.293000,
"ask": 0.295000,
"spread": 0.002000
}
},
"unit": "per troy ounce"
}
This endpoint is particularly useful for traders looking to understand the current market dynamics for Copper.
Conclusion
Accessing historical prices for Copper (XCU) using the Metals-API is a straightforward process that opens up a world of possibilities for developers and businesses alike. By leveraging the various endpoints offered by the API, you can gain insights into market trends, perform currency conversions, and track fluctuations in prices over time. The integration of smart technology and data analytics in the metal markets is transforming how businesses operate, and Metals-API is at the forefront of this change.
For more detailed information on how to implement these features, refer to the Metals-API Documentation. Additionally, to explore the full range of available symbols, visit the Metals-API Supported Symbols page. Embrace the future of metal trading with Metals-API and unlock the potential of real-time data in your applications.