Obtain monthly averages of Tungsten (TUNGSTEN) prices using this API

Introduction

In the ever-evolving landscape of metal markets, understanding the pricing dynamics of metals like Tungsten (TUNGSTEN) is crucial for investors, traders, and developers alike. With the advent of APIs, accessing real-time data has never been easier. The Metals-API provides a robust platform for obtaining monthly averages of Tungsten prices, along with a plethora of other functionalities that empower developers to create innovative applications. This blog post delves into the capabilities of the Metals-API, exploring its features, endpoints, and the transformative potential it holds for the metal markets.

Metals-API Information

About Tungsten (TUNGSTEN)

Tungsten is a rare metal known for its high density and melting point, making it invaluable in various industrial applications, including electronics, aerospace, and manufacturing. As the demand for Tungsten continues to grow, driven by technological advancements and digital transformation in metal markets, having access to accurate and timely pricing data becomes essential. The Metals-API serves as a bridge, providing developers with the tools needed to integrate real-time metal pricing into their applications.

Digital Transformation in Metal Markets

The integration of technology in metal markets has led to significant advancements in how data is collected, analyzed, and utilized. With the Metals-API, developers can harness the power of data analytics to gain insights into market trends, price fluctuations, and historical data. This digital transformation not only enhances decision-making processes but also fosters innovation in product development and market strategies.

Technological Innovation and Advancement

As industries evolve, so do the technologies that support them. The Metals-API exemplifies this innovation by offering a comprehensive suite of endpoints that cater to various needs. From real-time pricing to historical data analysis, the API empowers developers to create applications that can adapt to the fast-paced nature of the metal markets.

Data Analytics and Insights

Data analytics plays a pivotal role in understanding market dynamics. The Metals-API provides access to historical rates dating back to 2019, enabling developers to analyze trends and make informed predictions. By leveraging this data, businesses can optimize their operations, manage risks, and capitalize on emerging opportunities.

Smart Technology Integration

Integrating smart technologies into metal trading platforms can enhance user experience and operational efficiency. The Metals-API allows for seamless integration with existing systems, enabling developers to build applications that provide real-time updates, alerts, and insights, ensuring users are always informed about market changes.

Future Trends and Possibilities

As we look to the future, the potential for innovation in the metal markets is vast. The Metals-API positions itself at the forefront of this evolution, offering developers the tools they need to create next-generation applications that can adapt to changing market conditions and user demands.

API Description

The Metals-API is a powerful tool designed to provide real-time and historical pricing data for various metals, including Tungsten. It empowers developers to build applications that can access up-to-date information, analyze trends, and make data-driven decisions. The API's capabilities extend beyond mere price retrieval; it offers a range of endpoints that cater to different needs, ensuring that users have access to comprehensive data.

Key Features and Endpoints

The Metals-API boasts several key features that enhance its functionality:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes. This ensures that users have access to the most current pricing information.
• Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. Developers can query the API for historical rates by appending a specific date, allowing for in-depth analysis of price trends over time.
• Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time Bid and Ask prices, providing insights into market liquidity and pricing strategies.
• Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, enabling comprehensive analysis of price movements over time.
• Fluctuation Endpoint: Users can retrieve information about how currencies fluctuate on a day-to-day basis, providing insights into market volatility.
• Carat Endpoint: This endpoint allows users to retrieve information about Gold rates by Carat, catering to specific market needs.
• Lowest/Highest Price Endpoint: This feature enables users to query the API to get the lowest and highest price for a specified date, aiding in market analysis.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can query the API to get the open, high, low, and close price for a specific date, providing a comprehensive view of market performance.
• Historical LME Endpoint: This endpoint allows users to access historical rates for LME symbols dating back to 2008, offering valuable insights into long-term market trends.
• API Key: Users must pass their unique API Key into the API base URL's access_key parameter to authenticate their requests.
• API Response: Exchange rates delivered by the Metals-API are by default relative to USD, ensuring consistency in data interpretation.
• Available Endpoints: The Metals-API comes with a constantly updated endpoint returning all available currencies, ensuring users have access to the latest information.
• Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering to regional market needs.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

List of Symbols

The 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.

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": 1754697855,
    "base": "USD",
    "date": "2025-08-09",
    "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": 1754611455,
    "base": "USD",
    "date": "2025-08-08",
    "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": "2025-08-02",
    "end_date": "2025-08-09",
    "base": "USD",
    "rates": {
        "2025-08-02": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-08-04": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-08-09": {
            "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": 1754697855,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-02",
    "end_date": "2025-08-09",
    "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": 1754697855,
    "base": "USD",
    "date": "2025-08-09",
    "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": 1754697855,
    "base": "USD",
    "date": "2025-08-09",
    "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 stands as a transformative tool in the realm of metal pricing, particularly for Tungsten and other metals. By providing real-time and historical data, it empowers developers to create applications that can analyze market trends, optimize trading strategies, and enhance decision-making processes. With features like the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion capabilities, the API caters to a wide range of needs in the metal markets.

As industries continue to embrace digital transformation, the Metals-API offers a glimpse into the future of metal trading, where data-driven insights and technological innovation will play a pivotal role. For more information on how to leverage this powerful API, visit the Metals-API Documentation and explore the extensive capabilities it offers.