Access historical Ruthenium (RUTH) prices using this API

Access Historical Ruthenium (RUTH) Prices Using This API

In the ever-evolving landscape of metal markets, access to real-time and historical data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for accessing historical Ruthenium (RUTH) prices, along with a plethora of other metal data. This blog post delves into the capabilities of the Metals-API, its key features, and how it can empower developers to create innovative applications that leverage real-time metals data.

Metals-API Information

About Ruthenium (RUTH)

Ruthenium, symbolized as RUTH, is a rare transition metal that belongs to the platinum group. It is primarily used in electronics, chemical processes, and as an alloying agent in platinum and palladium. The digital transformation in metal markets has made it essential for developers to access accurate and timely data. The Metals-API stands at the forefront of this transformation, offering a robust platform for retrieving metal prices, including Ruthenium.

Technological innovation and advancement in data analytics have made it possible to gain insights into market trends and fluctuations. With the integration of smart technology, developers can harness the power of real-time data to build applications that not only track prices but also analyze market behavior. The future of metal trading is increasingly dependent on such technologies, and the Metals-API is a key player in this evolution.

API Description

The Metals-API is a comprehensive JSON API that provides access to a wide range of metal prices, including Ruthenium. It empowers developers to build next-generation applications that require real-time and historical data. The API is designed with innovation in mind, offering various endpoints that cater to different data needs.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rates updated at intervals based on the user's subscription plan. This capability is crucial for applications that require up-to-the-minute data to make informed decisions. Additionally, the API allows for historical data access, enabling users to analyze trends over time.

For detailed information on how to implement the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on endpoints, parameters, and response structures.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide different functionalities, each designed to meet specific data needs:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, including Ruthenium. Depending on the subscription plan, rates can be updated every 60 minutes or more frequently. For instance, a request to this endpoint might return the current price of RUTH against USD.
Historical Rates Endpoint: Users can access historical rates for Ruthenium dating back to 2019. By appending a specific date to the request, developers can retrieve past prices, which is essential for trend analysis and forecasting.
Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for Ruthenium. This data is crucial for traders looking to make informed buying and selling decisions.
Convert Endpoint: The API includes a currency conversion feature that allows users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-metal transactions.
Time-Series Endpoint: Developers 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 feature provides insights into how Ruthenium prices fluctuate on a day-to-day basis, allowing users to track volatility and make strategic decisions.
Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices of Ruthenium for a specified date, which is essential for understanding market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to retrieve the open, high, low, and close prices for Ruthenium over a specified period, providing a comprehensive view of market performance.
Historical LME Endpoint: For users interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for extensive market analysis.
API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, including Ruthenium, ensuring users have access to the latest data.
Gold Price India Endpoint: For users interested in gold prices specifically, this dedicated endpoint provides the latest gold price in India.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market trends and developments.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Below are examples of responses from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748135134,
    "base": "USD",
    "date": "2025-05-25",
    "rates": {
        "RUTH": 0.000482
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1748048734,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "RUTH": 0.000485
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "base": "USD",
    "rates": {
        "2025-05-18": {
            "RUTH": 0.000485
        },
        "2025-05-25": {
            "RUTH": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "RUTH",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748135134,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "base": "USD",
    "rates": {
        "RUTH": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1748135134,
    "base": "USD",
    "date": "2025-05-25",
    "rates": {
        "RUTH": {
            "open": 0.000485,
            "high": 0.000487,
            "low": 0.000481,
            "close": 0.000482
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748135134,
    "base": "USD",
    "date": "2025-05-25",
    "rates": {
        "RUTH": {
            "bid": 0.000481,
            "ask": 0.000483,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API provides a comprehensive solution for accessing historical Ruthenium prices and other metal data. With its innovative endpoints and real-time capabilities, developers can create applications that leverage this data for various use cases, from trading platforms to analytical tools. By utilizing the Metals-API Documentation, developers can gain insights into the API's functionalities and implement them effectively.

As the metal markets continue to evolve, the importance of accurate and timely data cannot be overstated. The Metals-API stands as a vital resource for developers looking to stay ahead in this dynamic environment. For a complete list of supported symbols, including Ruthenium, visit the Metals-API Supported Symbols page. To explore the full capabilities of the API, check out the Metals-API Website.

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Access historical Ruthenium (RUTH) prices using this API