How to get Bismuth (BMTH) prices via REST API
Introduction
In the rapidly evolving landscape of metal markets, the demand for real-time data has never been more crucial. This is particularly true for Bismuth (BMTH), a metal that is gaining traction due to its unique properties and applications. In this blog post, we will explore how to get Bismuth prices via the Metals-API, a powerful tool that provides developers with the ability to access real-time and historical metal prices through a RESTful interface. We will delve into the features of the API, its endpoints, and how it can be leveraged for innovative applications in the metal markets.
About Bismuth (BMTH)
Bismuth is a post-transition metal known for its low toxicity and unique physical properties, making it a valuable material in various industries, including pharmaceuticals, cosmetics, and metallurgy. As digital transformation sweeps through the metal markets, Bismuth is positioned to benefit from technological innovations that enhance data analytics and insights. The integration of smart technology in tracking Bismuth prices can lead to more informed decision-making and strategic investments.
Digital Transformation in Metal Markets
The metal markets are undergoing a significant transformation driven by advancements in technology. With the rise of data analytics, stakeholders can now access real-time information that influences market dynamics. The Metals-API Documentation provides insights into how developers can utilize this data to create applications that monitor price fluctuations, analyze trends, and forecast market movements.
Technological Innovation and Advancement
Technological advancements have paved the way for more efficient trading practices. The Metals-API offers a suite of endpoints that allow users to retrieve the latest rates, historical data, and even perform conversions between different metals. This capability is essential for traders and analysts who require accurate and timely information to make informed decisions.
Data Analytics and Insights
Data analytics plays a pivotal role in understanding market trends. By utilizing the Metals-API, developers can build applications that analyze historical data and provide insights into price movements over time. For instance, the Time-Series Endpoint allows users to query daily historical rates between two dates, enabling them to visualize trends and make predictions based on past performance.
Smart Technology Integration
Integrating smart technology into metal trading can enhance operational efficiency. The Metals-API supports various endpoints that facilitate real-time data retrieval, such as the Latest Rates Endpoint, which provides up-to-the-minute pricing information. This feature is particularly beneficial for traders who need to react quickly to market changes.
Future Trends and Possibilities
As the demand for Bismuth and other metals continues to grow, the potential for innovative applications using real-time data is immense. The Metals-API empowers developers to create next-generation applications that can analyze market trends, optimize trading strategies, and even automate trading processes based on predefined criteria.
API Description
The Metals-API is a comprehensive solution for accessing metal prices and currency conversion data. It provides developers with the tools necessary to build applications that require real-time and historical data on various metals, including Bismuth. The API's capabilities are designed to support innovative use cases, from simple price retrieval to complex data analysis.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is crucial for traders who need the latest pricing information to make informed decisions.
- Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to the API request, users can retrieve past pricing data, which is essential for trend analysis.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices, providing insights into market sentiment and liquidity.
- Convert Endpoint: This endpoint enables users to convert any amount from one metal to another or to/from USD, facilitating easy calculations for traders.
- Time-Series Endpoint: Query the API for daily historical rates between two dates, allowing for in-depth analysis of price movements over time.
- Fluctuation Endpoint: Retrieve information about how metal prices fluctuate on a day-to-day basis, which can help traders identify patterns and make predictions.
- Carat Endpoint: Get information about Gold rates by Carat, which is particularly useful for jewelers and investors in precious metals.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date range, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, which is essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: Exchange rates are delivered relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The API includes 14 endpoints, each providing different functionalities to meet various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, allowing users to stay updated on the latest symbols.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1769991170,
"base": "USD",
"date": "2026-02-02",
"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": 1769904770,
"base": "USD",
"date": "2026-02-01",
"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": "2026-01-26",
"end_date": "2026-02-02",
"base": "USD",
"rates": {
"2026-01-26": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-28": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-02": {
"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": 1769991170,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-26",
"end_date": "2026-02-02",
"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": 1769991170,
"base": "USD",
"date": "2026-02-02",
"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": 1769991170,
"base": "USD",
"date": "2026-02-02",
"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 provides a robust framework for accessing real-time and historical data on Bismuth and other metals. By leveraging its various endpoints, developers can create applications that not only track prices but also analyze trends and fluctuations in the metal markets. The integration of advanced data analytics and smart technology can lead to more informed trading decisions and innovative applications in the industry. As we look to the future, the potential for utilizing real-time metals data is immense, paving the way for a new era in metal trading.
For more information on how to get started with the Metals-API, check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Embrace the digital transformation in the metal markets and unlock the potential of real-time data today!