How to Get Rhodium (XRH) Historical Prices via this API

In the rapidly evolving landscape of metal markets, the demand for accurate and timely data has never been greater. For developers and analysts looking to access historical prices of Rhodium (XRH), the Metals-API offers a powerful solution. This blog post will delve into the intricacies of obtaining historical prices for Rhodium through the Metals-API, while also exploring the broader implications of digital transformation in the metal markets, technological innovations, and the future of data analytics in this field.

About Rhodium (XRH)

Rhodium is a rare and precious metal that has gained significant attention in recent years due to its unique properties and applications, particularly in the automotive industry for catalytic converters. As the world shifts towards greener technologies, the demand for Rhodium is expected to rise, making it crucial for investors and developers to have access to reliable historical pricing data.

The digital transformation of metal markets is reshaping how data is collected, analyzed, and utilized. With the integration of smart technologies and data analytics, stakeholders can gain insights that were previously unattainable. The Metals-API stands at the forefront of this transformation, providing developers with the tools necessary to build next-generation applications that leverage real-time and historical metals data.

API Description

The Metals-API is designed to empower developers by offering a comprehensive suite of endpoints that facilitate access to metals pricing data. With a focus on innovation and technological advancement, the API enables users to retrieve real-time and historical data, analyze trends, and make informed decisions based on accurate information.

One of the standout features of the Metals-API is its ability to deliver data in a user-friendly JSON format, making it easy for developers to integrate into their applications. The API supports a wide range of metals, including Rhodium, and provides various endpoints tailored to specific needs.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different requirements. Here are some of the key features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This endpoint is essential for developers looking to integrate live pricing into their applications.

{
    "success": true,
    "timestamp": 1751328132,
    "base": "USD",
    "date": "2025-07-01",
    "rates": {
        "XRH": 0.000482
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

For those interested in analyzing trends over time, the Historical Rates Endpoint allows users to access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve valuable data for analysis.

{
    "success": true,
    "timestamp": 1751241732,
    "base": "USD",
    "date": "2025-06-30",
    "rates": {
        "XRH": 0.000485
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for metals. This information is crucial for traders and investors who need to make quick decisions based on market conditions.

{
    "success": true,
    "timestamp": 1751328132,
    "base": "USD",
    "date": "2025-07-01",
    "rates": {
        "XRH": {
            "bid": 0.000481,
            "ask": 0.000483,
            "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 developers creating applications that require currency conversion functionalities.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XRH",
        "amount": 1000
    },
    "info": {
        "timestamp": 1751328132,
        "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 is particularly useful for analysts looking to study price movements over specific periods.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-24",
    "end_date": "2025-07-01",
    "base": "USD",
    "rates": {
        "2025-06-24": {
            "XRH": 0.000485
        },
        "2025-06-26": {
            "XRH": 0.000483
        },
        "2025-07-01": {
            "XRH": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how prices fluctuate on a day-to-day basis. This information is vital for traders who need to understand market volatility.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-24",
    "end_date": "2025-07-01",
    "base": "USD",
    "rates": {
        "XRH": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

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

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and understanding market trends.

{
    "success": true,
    "timestamp": 1751328132,
    "base": "USD",
    "date": "2025-07-01",
    "rates": {
        "XRH": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "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 the London Metal Exchange data.

Authentication and API Key

To access the Metals-API, users must obtain an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.

API Response Structure

The API responses are delivered in a structured JSON format, making it easy for developers to parse and utilize the data. Each response includes fields such as success, timestamp, base currency, date, rates, and unit. Understanding these fields is crucial for effective data handling.

Common Use Cases

Developers can leverage the Metals-API in various applications, including:

Building trading platforms that require real-time pricing data.
Creating analytical tools for investors to track historical price trends.
Integrating currency conversion features into financial applications.

Performance Optimization and Security Considerations

When integrating the Metals-API into applications, developers should consider performance optimization strategies such as caching frequently accessed data and implementing rate limiting to avoid exceeding API quotas. Additionally, security best practices should be followed to protect API keys and sensitive data.

Conclusion

The Metals-API provides a comprehensive solution for accessing historical prices of Rhodium (XRH) and other metals. With its robust set of features and endpoints, developers can build innovative applications that harness the power of real-time and historical metals data. As the metal markets continue to evolve, the importance of accurate data analytics will only grow, making the Metals-API an invaluable resource for developers and analysts alike.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.

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How to Get Rhodium (XRH) Historical Prices via this API