Are you looking for an API that gives you LME Copper historical rates? Then, read this post!
This metal is a ductile, soft, malleable metal with excellent thermal and electrical conductivity. A freshly exposed pure copper surface is pinkish-orange in hue. It’s utilized as a heat and electricity conductor, a construction material, and a constituent in a variety of metal alloys, including sterling silver for jewelry, cupronickel for nautical gear and coins, and constantan for strain gauges and thermocouples for temperature measurement.
It is used mostly in electrical wire (60 percent), roofing and plumbing (20 percent), and industrial machinery (10 percent). Copper is mostly used as a pure metal, but when additional hardness is required, it is combined with other metals to form alloys such as brass and bronze (5 percent of total use).
The paint of this metal has been used on boat hulls for over two centuries to limit the development of plants and shellfish. A minor portion of it supply is utilized in agriculture for nutritional supplements and fungicides. It can be mechanized, however, alloys are chosen for complicated components because of their machinability.
The organism which gives the official values is the London Metal Exchange. If your business need copper is important that you can watch official values and historical rates. With this you can compare prices in different periods to decide the best moment to invest. For this purpose, you need to use an API, which is an interface that receives data from official banks and it gives it to the person who requested it, is the finest instrument for accessing the information on metals historical rates. Our recommendation for this aim is Metals-API.
How to acquire it
- Go to www.metals-API.com to get your one-of-a-kind API key.
- Look for the LME-Copper symbol (LME-XCU) and the currency sign you wish to use on the website’s list.
- Insert metal and currency to the list with these symbols, then make the API call. You may also choose from a variety of programming languages and rate types.
- The historical rates of most currencies may be accessed all the way back to 2019. You may query the Metals-API API for historical rates by adding a date (format YYYY-MM-DD) to the basic URL.
This is an example of the API request:
https://metals-api.com/api/2013-12-24 ? access_key = API_KEY & base = GBP & symbols = USD,CAD,EUR
And this is an API response:
{
"success": true,
"historical": true,
"date": "2013-12-24",
"timestamp": 1387929599,
"base": "LME-XCU",
"rates": {
"USD": 1.636492,
"EUR": 1.196476,
"CAD": 1.739516
}
}
Why Metal’s API?
Metals-API is one of the most reliable and accurate API tools available. This gathers data from over 15 reliable data sources per minute. It gathers data from the world’s largest banks and financial organizations. As a result, your price will be quite precise. Historical rates for copper, gold, silver and other metals may be readily incorporated into spreadsheets, websites, mobile apps, and other business applications.
There are more than 170 different currencies, commodities, and cryptocurrencies accepted, including Bitcoin and Litecoin. Any quantity may be converted from one currency to another, as well as from one metal to another, using the same API methods. The API is written in JSON API, or JavaScript Object Notation, which eliminates the need for each app to build its ad-hoc code to connect to servers that interact in a certain way.