Access Terbium (TER) prices using this API for trading strategies

Access Terbium (TER) Prices Using This API for Trading Strategies

In the rapidly evolving landscape of metal trading, having access to real-time data is crucial for developing effective trading strategies. The Metals-API provides a robust platform for accessing prices of various metals, including Terbium (TER). This blog post delves into the capabilities of the Metals-API, its endpoints, and how developers can leverage this powerful tool to enhance their trading strategies.

Understanding Terbium (TER) and Its Market

Terbium is a rare earth metal that plays a significant role in various technological applications, including electronics, renewable energy, and advanced materials. As industries increasingly rely on digital transformation, the demand for metals like Terbium is expected to rise. This shift highlights the importance of technological innovation and advancement in metal markets.

Data analytics and insights are becoming indispensable in understanding market trends and making informed trading decisions. The integration of smart technology allows traders to access real-time data, analyze fluctuations, and predict future trends. The Metals-API stands at the forefront of this transformation, offering developers the tools necessary to build next-generation applications that can capitalize on these trends.

API Description

The Metals-API is designed to provide developers with real-time and historical data on metal prices, enabling them to create applications that can analyze market trends, perform currency conversions, and track price fluctuations. With its innovative architecture, the API empowers users to access a wealth of information that can drive strategic decision-making.

For detailed information on how to use the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on the various endpoints available, their functionalities, and how to implement them effectively.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here’s a breakdown of some of the most important features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even every 10 minutes, ensuring that traders have access to the most current information.
• Historical Rates Endpoint: Users can access historical rates dating back to 2019. By appending a specific date to the API call, developers can retrieve historical data that is essential for trend analysis and forecasting.
• Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, which is crucial for making informed trading decisions. Understanding the spread between these prices can provide insights into market liquidity.
• Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for traders dealing with multiple currencies.
• Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two specified dates, facilitating in-depth analysis of price movements over time.
• Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, which is vital for understanding market volatility and making strategic decisions.
• Carat Endpoint: This feature provides information about gold rates by carat, allowing jewelers and traders to make precise calculations based on purity.
• Lowest/Highest Price Endpoint: This endpoint enables users to query the API for the lowest and highest prices of metals over a specified period, which can aid in identifying market trends.
• Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is essential for technical analysis.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of market trends.
• API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
• API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
• Available Endpoints: The Metals-API features 14 different endpoints, each offering unique functionalities tailored to various trading needs.
• Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
• News Endpoint: Retrieve 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 endpoint responses:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1765411229,
"base": "USD",
"date": "2025-12-11",
"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"
}

This response indicates that the API successfully retrieved the latest rates for various metals, with the base currency being USD. Each metal's price is provided per troy ounce, which is the standard measurement in the metals market.

Historical Rates Endpoint

{
"success": true,
"timestamp": 1765324829,
"base": "USD",
"date": "2025-12-10",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}

This example shows a successful retrieval of historical rates for specific metals on a given date. Developers can use this data for trend analysis and historical performance evaluation.

Time-Series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"base": "USD",
"rates": {
"2025-12-04": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-06": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-11": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

The time-series response provides daily rates for the specified period, allowing developers to analyze trends and fluctuations over time. This data is essential for creating predictive models and understanding market dynamics.

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765411229,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This response illustrates how the Convert Endpoint works, showing the conversion of an amount from USD to Gold (XAU). The result indicates that 1000 USD is equivalent to 0.482 troy ounces of gold, providing traders with quick conversion capabilities.

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2025-12-04",
"end_date": "2025-12-11",
"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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period, including both absolute and percentage changes. This information is vital for traders looking to understand market volatility and make informed decisions.

OHLC (Open/High/Low/Close) Price Endpoint

{
"success": true,
"timestamp": 1765411229,
"base": "USD",
"date": "2025-12-11",
"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"
}

The OHLC response provides critical data for technical analysis, allowing traders to assess market behavior over a specific period. Understanding the open, high, low, and close prices is essential for making informed trading decisions.

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1765411229,
"base": "USD",
"date": "2025-12-11",
"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"
}

This response provides current bid and ask prices for metals, along with the spread. Understanding these values is crucial for traders to gauge market conditions and make timely decisions.

Conclusion

The Metals-API is a powerful tool that enables developers to access real-time and historical data for various metals, including Terbium (TER). By leveraging the API's extensive features, traders can develop sophisticated strategies that take advantage of market fluctuations and trends. The ability to access data through various endpoints allows for comprehensive analysis and informed decision-making.

For those looking to dive deeper into the capabilities of the Metals-API, the Metals-API Documentation is an invaluable resource. Additionally, the Metals-API Supported Symbols page provides a complete list of available metals, ensuring that developers can find the data they need.

As the demand for metals continues to grow, staying informed and utilizing advanced tools like the Metals-API will be essential for success in the trading landscape. By embracing these technologies, traders can position themselves at the forefront of the market, ready to capitalize on emerging opportunities.