How to Retrieve Ferro Chrome (FE-CR) Historical Prices Using Metals-API
Introduction
In the rapidly evolving landscape of metal markets, the ability to retrieve historical prices for Ferro Chrome (FE-CR) is crucial for developers and analysts alike. With the advent of APIs like Metals-API, accessing real-time and historical data has never been easier. This blog post will delve into the intricacies of retrieving Ferro Chrome historical prices using Metals-API, exploring its features, capabilities, and the transformative potential of real-time metals data.
Metals-API Information
About Ferro Chrome (FE-CR)
Ferro Chrome, an essential alloy in stainless steel production, plays a pivotal role in the global metal market. As industries undergo digital transformation, the integration of technological innovations and advancements in data analytics has become paramount. The demand for accurate and timely data is driving the adoption of smart technology solutions, enabling stakeholders to make informed decisions based on real-time insights.
As we explore the future trends and possibilities surrounding Ferro Chrome, it is essential to consider how data analytics can enhance market understanding. By leveraging advanced technologies, developers can create applications that provide insights into price fluctuations, demand forecasts, and market trends, ultimately leading to more strategic decision-making.
API Description
The Metals-API is a powerful tool that empowers developers to build next-generation applications by providing access to real-time and historical metals data. With its robust capabilities, the API allows users to retrieve exchange rates, historical prices, and other essential information with ease. The API's innovative design ensures that developers can integrate it seamlessly into their applications, enhancing functionality and user experience.
For comprehensive guidance on utilizing the API, refer to the Metals-API Documentation, which outlines the various endpoints, authentication methods, and response formats.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data retrieval needs. Each endpoint is designed to provide specific functionalities, enabling developers to access the information they require efficiently.
Latest Rates Endpoint
The Latest Rates Endpoint is a cornerstone feature of the Metals-API, providing real-time exchange rate data for various metals, including Ferro Chrome. Depending on your subscription plan, this endpoint can return updated rates every 60 minutes, every 10 minutes, or even more frequently. This flexibility allows developers to tailor their applications to meet specific requirements.
{
"success": true,
"timestamp": 1744768891,
"base": "USD",
"date": "2025-04-16",
"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 provides a snapshot of the current exchange rates, allowing developers to display up-to-date information in their applications.
Historical Rates Endpoint
The Historical Rates Endpoint is invaluable for those looking to analyze past price trends. Historical rates are available for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data for Ferro Chrome, enabling them to conduct thorough analyses and make informed predictions.
{
"success": true,
"timestamp": 1744682491,
"base": "USD",
"date": "2025-04-15",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}This endpoint allows users to access historical data, which is crucial for understanding market dynamics and making strategic decisions.
Bid And Ask Endpoint
The Bid and Ask Endpoint is another powerful feature of the Metals-API. This endpoint provides real-time bid and ask prices for various metals, including Ferro Chrome. Depending on your subscription plan, this data can be accessed with minimal latency, ensuring that your applications reflect the most current market conditions.
{
"success": true,
"timestamp": 1744768891,
"base": "USD",
"date": "2025-04-16",
"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"
}This data is essential for traders and analysts who need to make quick decisions based on the latest market information.
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 applications that require currency conversion for pricing or reporting purposes.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1744768891,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}This endpoint simplifies the process of converting values, making it easier for developers to integrate conversion functionalities into their applications.
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is particularly beneficial for analyzing trends over specific periods, enabling developers to visualize price movements and fluctuations effectively.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-09",
"end_date": "2025-04-16",
"base": "USD",
"rates": {
"2025-04-09": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-11": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-04-16": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}This endpoint provides a comprehensive view of price changes over time, allowing for in-depth analysis and reporting.
Fluctuation Endpoint
The Fluctuation Endpoint enables users to track rate fluctuations between two dates. This feature is essential for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-09",
"end_date": "2025-04-16",
"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 data is crucial for traders who need to assess market conditions and adjust their strategies accordingly.
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides users with the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and helps traders identify trends and potential reversals.
{
"success": true,
"timestamp": 1744768891,
"base": "USD",
"date": "2025-04-16",
"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 is particularly useful for traders looking to analyze price movements and make data-driven decisions.
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly beneficial for those involved in trading metals on the London Metal Exchange, as it allows for comprehensive analysis of historical price trends.
{
"success": true,
"timestamp": 1744682491,
"base": "USD",
"date": "2025-04-15",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}This endpoint is crucial for understanding long-term trends and making informed trading decisions based on historical data.
API Key and Authentication
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 API's features.
API Response and Data Structure
The API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications. Understanding the structure of the API response is crucial for effective data handling and integration.
Available Endpoints
The Metals-API offers a comprehensive range of endpoints, each providing different functionalities. 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 understand the full capabilities of the API.
Conclusion
In conclusion, the Metals-API provides a robust and flexible solution for retrieving historical prices for Ferro Chrome (FE-CR) and other metals. By leveraging its various endpoints, developers can access real-time and historical data, enabling them to build applications that enhance market understanding and decision-making. The integration of advanced technologies and data analytics into the metal markets is transforming the way stakeholders interact with pricing information, paving the way for a more data-driven future.
For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation for detailed guidance on implementation and usage. Embrace the power of real-time metals data and unlock new possibilities in your applications.