Monitor fluctuations in Copper Continuous Contract (HG00) prices using this API

Introduction

Monitoring fluctuations in Copper Continuous Contract (HG00) prices is essential for traders and investors in the metals market. The ability to access real-time data and historical trends can significantly influence decision-making processes. In this blog post, we will explore the Copper market, its dynamics, and how the Metals-API can empower developers to create innovative applications that leverage real-time metals data.

Metals-API Information

About Copper (XCU)

Copper, represented by the symbol XCU, is a crucial industrial metal known for its excellent electrical conductivity and malleability. It plays a vital role in various sectors, including construction, electronics, and renewable energy. As the world moves towards digital transformation, the copper market is witnessing significant changes driven by technological innovation and advancements. The integration of smart technology and data analytics is reshaping how traders and investors interact with this essential commodity.

In recent years, the demand for copper has surged due to its applications in electric vehicles (EVs) and renewable energy technologies. This trend is expected to continue, making it imperative for market participants to stay informed about price fluctuations and market trends. The Metals-API provides a robust solution for accessing real-time and historical copper price data, enabling developers to build applications that can analyze and visualize these trends effectively.

API Description

The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metals data. With its innovative capabilities, the API allows users to monitor price fluctuations, convert currencies, and analyze market trends. The transformative potential of real-time metals data cannot be overstated, as it empowers developers to create next-generation applications that can respond to market changes instantly.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data updated at various intervals, depending on the subscription plan. This means that developers can access the latest copper prices, along with other metals, to make informed decisions. The API also supports historical data, allowing users to analyze trends over time and gain insights into market behavior.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to different needs. Here are some of the most notable features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for copper and other metals. Depending on your subscription plan, the API can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to react quickly to market changes.
• Historical Rates Endpoint: Access historical rates dating back to 2019. By appending a specific date to the API request, developers can retrieve past copper prices and analyze trends over time. This is particularly useful for backtesting trading strategies.
• Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for copper. Understanding the spread between these prices is essential for traders looking to execute orders at optimal rates.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for international traders dealing with multiple currencies.
• Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice. This endpoint is invaluable for analyzing price movements over specific periods.
• Fluctuation Endpoint: This endpoint provides information about how copper prices fluctuate on a day-to-day basis. By tracking these fluctuations, traders can identify patterns and make more informed decisions.
• Carat Endpoint: For those interested in gold rates, the carat endpoint allows users to retrieve information about gold prices by carat. This feature can be useful for jewelers and investors in precious metals.
• Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price of copper for a specified date range. Understanding price extremes can help traders identify potential entry and exit points.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can retrieve open, high, low, and close prices for copper over a specific time period. This data is essential for technical analysis and charting.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for those trading on the London Metal Exchange.
• API Key: Each user is assigned a unique API key that must be included in API requests. This key ensures secure access to the API and helps manage usage limits.
• API Response: The Metals-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.
• Available Endpoints: The API comes with a constantly updated list of available endpoints, each providing different functionalities. Developers can explore these endpoints to find the ones that best suit their needs.
• Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing users to easily identify which metals they can query.
• Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint. This feature is particularly useful for traders in the Indian market.
• News Endpoint: The Metals-API also provides access to the latest news articles related to various metals, helping traders 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 specific metal data into their applications.

API Endpoint Examples and Responses

Understanding the structure of API responses is crucial for effective integration. Below are examples of various API endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1749618014,
    "base": "USD",
    "date": "2025-06-11",
    "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": 1749531614,
    "base": "USD",
    "date": "2025-06-10",
    "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": "2025-06-04",
    "end_date": "2025-06-11",
    "base": "USD",
    "rates": {
        "2025-06-04": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-06": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-11": {
            "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": 1749618014,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-04",
    "end_date": "2025-06-11",
    "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) Price Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1749618014,
    "base": "USD",
    "date": "2025-06-11",
    "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": 1749618014,
    "base": "USD",
    "date": "2025-06-11",
    "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

In conclusion, the Metals-API provides a comprehensive solution for monitoring fluctuations in Copper Continuous Contract (HG00) prices. With its extensive range of endpoints and real-time data capabilities, developers can create powerful applications that leverage the latest market insights. By utilizing features such as the Latest Rates Endpoint, Historical Rates Endpoint, and Fluctuation Endpoint, traders can make informed decisions based on accurate and timely information.

As the copper market continues to evolve with digital transformation and technological advancements, the importance of real-time data cannot be overstated. The Metals-API stands out as a vital resource for developers looking to integrate metals data into their applications. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.