Retrieve Copper (XCU) prices on a daily basis using this API
Retrieve Copper (XCU) Prices on a Daily Basis Using This API
In the rapidly evolving landscape of metal markets, the ability to retrieve real-time data is crucial for developers and businesses alike. One such valuable resource is the Metals-API, which provides comprehensive access to metal prices, including Copper (XCU). This blog post will delve into the significance of Copper in the market, explore the innovative capabilities of the Metals-API, and provide detailed insights into its various endpoints and functionalities.
About Copper (XCU)
Copper, represented by the symbol XCU, is a fundamental metal in various industries, including construction, electronics, and renewable energy. As we witness a digital transformation in metal markets, the demand for real-time data and analytics has surged. Technological advancements have enabled businesses to leverage data analytics and insights, allowing for smarter decision-making processes.
The integration of smart technology in metal trading has opened up new avenues for investment and risk management. With the rise of electric vehicles and renewable energy solutions, the future of Copper is promising. As industries continue to evolve, understanding the daily fluctuations in Copper prices becomes essential for stakeholders aiming to stay ahead in the market.
API Description
The Metals-API is a powerful tool that empowers developers to build next-generation applications by providing real-time metals data. This API is designed to facilitate seamless integration into various platforms, enabling users to access up-to-date information on metal prices, including Copper. The API's capabilities extend beyond mere price retrieval; it offers a suite of features that can transform how businesses interact with metal markets.
For more detailed information, you can visit the Metals-API Documentation. This resource provides comprehensive guidance on how to utilize the API effectively, ensuring developers can maximize its potential.
Key Features and Endpoints
The Metals-API boasts a variety of endpoints, each designed to cater to specific needs within the metal trading ecosystem. Here are some of the key features:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for traders who need to make informed decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates for most currencies dating back to 2019. By appending a specific date, users can query the Metals-API for past rates, allowing for comprehensive market analysis and trend identification.
- Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time Bid and Ask prices, essential for understanding market dynamics and making strategic trading decisions.
- 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 functionality is particularly useful for businesses operating in multiple currencies.
- Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice. This feature is invaluable for analyzing price trends over specific periods.
- Fluctuation Endpoint: Retrieve information about how currencies fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders manage risk effectively.
- Carat Endpoint: This endpoint allows users to retrieve information about Gold rates by Carat, catering to jewelers and precious metal traders.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specified date, providing insights into market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides the open, high, low, and close prices for a specific time period, essential for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for in-depth analysis of long-term trends.
- API Key: The unique API Key is essential for accessing the API's features, ensuring secure and authorized usage.
- API Response: Exchange rates delivered by the Metals-API are by default relative to USD, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API offers 14 endpoints, each providing distinct functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the latest information on supported symbols.
- Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, catering to regional market needs.
- News Endpoint: Stay updated with the latest news articles related to various metals, helping traders stay informed about market developments.
For a complete list of all supported symbols, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. 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": 1759564830,
"base": "USD",
"date": "2025-10-04",
"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 that the current price of Copper (XCU) is 0.294118 per troy ounce, providing a snapshot of the market at that moment.
Historical Rates Endpoint
Access historical exchange rates for any date since 1999:
{
"success": true,
"timestamp": 1759478430,
"base": "USD",
"date": "2025-10-03",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This endpoint allows users to analyze past rates, which is essential for understanding market trends and making informed decisions.
Time-Series Endpoint
Get exchange rates for a specific time period:
{
"success": true,
"timeseries": true,
"start_date": "2025-09-27",
"end_date": "2025-10-04",
"base": "USD",
"rates": {
"2025-09-27": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-09-29": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-10-04": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time series of rates, allowing users to visualize price movements over a specified period.
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": 1759564830,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This endpoint is particularly useful for businesses that need to convert between different metals or currencies, facilitating smoother transactions.
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2025-09-27",
"end_date": "2025-10-04",
"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 market volatility, helping traders manage their strategies effectively.
OHLC (Open/High/Low/Close) Price Endpoint
Get OHLC data for a specific time period:
{
"success": true,
"timestamp": 1759564830,
"base": "USD",
"date": "2025-10-04",
"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 data is essential for traders who rely on technical analysis to make informed decisions based on price movements.
Bid/Ask Endpoint
Get current bid and ask prices for metals:
{
"success": true,
"timestamp": 1759564830,
"base": "USD",
"date": "2025-10-04",
"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 endpoint is crucial for traders looking to understand the current market conditions and make timely decisions.
Conclusion
The Metals-API is an invaluable resource for developers and businesses engaged in the metal markets. By providing real-time data, historical insights, and various endpoints tailored to specific needs, this API empowers users to make informed decisions and optimize their trading strategies. As the market continues to evolve, leveraging such innovative technologies will be essential for staying competitive.
For further exploration, visit the Metals-API Website to learn more about its features and capabilities. Whether you are interested in Copper prices or other metals, the Metals-API offers a comprehensive solution for accessing critical market data.