How to Get Palladium (XPD) prices using this API for your trading application
How to Get Palladium (XPD) Prices Using the Metals-API for Your Trading Application
In the ever-evolving landscape of trading applications, the ability to access real-time data is paramount. For those interested in precious metals, particularly Palladium (XPD), leveraging an API like the Metals-API can significantly enhance your trading strategies. This blog post will delve into the intricacies of Palladium, its markets, and how the Metals-API can empower developers to create innovative trading applications.
About Palladium (XPD)
Palladium is a rare and precious metal that has gained prominence in various industries, particularly in automotive technology. As the world shifts towards more environmentally friendly solutions, Palladium plays a crucial role in catalytic converters, which help reduce harmful emissions from vehicles. The demand for Palladium is also influenced by its applications in electronics, dentistry, and jewelry, making it a versatile asset in the metals market.
With the rise of digital supply chains and smart manufacturing, the integration of Palladium into these systems is becoming increasingly important. The ability to track and analyze Palladium prices in real-time allows businesses to make informed decisions, optimize their supply chains, and respond swiftly to market fluctuations. This is where the Metals-API comes into play, offering developers the tools needed to access and utilize real-time metals data effectively.
Understanding the Metals-API
The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including Palladium. The API offers a range of endpoints that cater to different needs, from accessing the latest rates to historical data analysis. By utilizing this API, developers can build applications that not only track prices but also analyze trends and make predictions based on historical data.
Key Features of the Metals-API
The Metals-API boasts several key features that make it an invaluable resource for developers:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need the most current pricing information to make timely decisions.
- Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This allows developers to analyze past trends and make informed predictions about future price movements.
- Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for Palladium and other metals, providing crucial information for executing trades.
- Convert Endpoint: The 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 in multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is invaluable for conducting thorough market analyses over specific periods.
- Fluctuation Endpoint: Retrieve information about how Palladium prices fluctuate on a day-to-day basis, helping traders understand market volatility.
- Carat Endpoint: This endpoint provides information about Gold rates by Carat, which can be useful for traders dealing with multiple precious metals.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price of Palladium over a specified period, aiding in market analysis and decision-making.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to retrieve the open, high, low, and close prices for Palladium, providing a comprehensive view of market performance.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is essential for traders focused on long-term trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The API features 14 endpoints, each providing different functionalities tailored to meet diverse trading needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies and metals, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping traders informed about market developments.
API Endpoint Examples and Responses
Understanding the API's response structure is crucial for effective implementation. Below are examples of various endpoint responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1761793233,
"base": "USD",
"date": "2025-10-30",
"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"
}
This response indicates the latest exchange rates for Palladium (XPD) and other metals, providing traders with essential pricing information.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1761706833,
"base": "USD",
"date": "2025-10-29",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows how to access historical rates for Palladium, allowing developers to analyze past market trends.
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-23",
"end_date": "2025-10-30",
"base": "USD",
"rates": {
"2025-10-23": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-10-25": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-30": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides daily historical rates for Palladium, enabling developers to conduct time-series analyses.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1761793233,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
The Convert Endpoint allows users to convert amounts between different metals, which is crucial for traders operating in multiple markets.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-23",
"end_date": "2025-10-30",
"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 Palladium prices fluctuate over time, which is essential for traders looking to capitalize on market movements.
Open/High/Low/Close (OHLC) Price Endpoint
{
"success": true,
"timestamp": 1761793233,
"base": "USD",
"date": "2025-10-30",
"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 response provides the open, high, low, and close prices for Palladium, which are critical for traders analyzing market performance.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1761793233,
"base": "USD",
"date": "2025-10-30",
"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, which are essential for executing trades effectively.
Conclusion
In conclusion, the Metals-API is a powerful resource for developers looking to integrate real-time Palladium pricing into their trading applications. By leveraging the various endpoints offered by the API, developers can create sophisticated applications that not only track prices but also analyze trends, convert currencies, and monitor fluctuations. The ability to access comprehensive data on Palladium and other metals empowers traders to make informed decisions in a fast-paced market.
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 complete list of available metals. By utilizing these resources, you can unlock the full potential of real-time metals data and enhance your trading strategies.