Get Accurate Nickel (NI) - Per Ounce Prices in Multiple Currencies with this API
Get Accurate Nickel (NI) - Per Ounce Prices in Multiple Currencies with this API
In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for obtaining precise Nickel (NI) prices in various currencies, enabling users to make informed decisions based on the latest market trends. This blog post will explore how Metals-API empowers developers with innovative tools and features, transforming the way metal markets operate through digital transformation and technological advancements.
About Nickel (XNI)
Nickel is a vital metal in various industries, particularly in the production of stainless steel and batteries. As the demand for electric vehicles and renewable energy solutions grows, the significance of Nickel continues to rise. The digital transformation in metal markets is reshaping how businesses interact with this essential commodity. By leveraging data analytics and smart technology integration, companies can gain insights into market trends, price fluctuations, and future possibilities.
Technological innovation in the metal sector is not just about tracking prices; it's about understanding the underlying factors that influence these prices. With the Metals-API, developers can access real-time data, historical trends, and analytical tools that provide a comprehensive view of Nickel's market dynamics. This API is designed to facilitate seamless integration into applications, allowing businesses to harness the power of data analytics for strategic decision-making.
API Description
The Metals-API is a robust platform that offers a wide range of features tailored for developers looking to integrate metal pricing data into their applications. With a focus on innovation and technological advancement, this API provides real-time and historical data on various metals, including Nickel (XNI). The transformative potential of real-time metals data cannot be overstated, as it empowers developers to build next-generation applications that can adapt to market changes swiftly.
For detailed information on how to utilize the API, developers can refer to the Metals-API Documentation, which outlines the various endpoints and their functionalities.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs, each providing unique functionalities that can be leveraged for various business applications. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Nickel and other metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for businesses that require up-to-the-minute pricing information to make timely decisions.
- Historical Rates Endpoint: Access historical rates for Nickel dating back to 2019. By appending a specific date to your query, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for Nickel, providing insights into market liquidity and pricing dynamics. Understanding the bid-ask spread is crucial for traders and financial analysts.
- Convert Endpoint: The conversion endpoint enables users to convert any amount of Nickel from one currency to another. This is particularly useful for businesses operating in multiple regions and dealing with various currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature allows for in-depth analysis of price movements over specific periods, helping businesses identify trends and make informed predictions.
- Fluctuation Endpoint: Track how Nickel prices fluctuate on a day-to-day basis. This endpoint provides valuable insights into market volatility, which can inform trading strategies and risk management practices.
- Carat Endpoint: While primarily focused on precious metals, this endpoint allows users to retrieve information about Gold rates by Carat, showcasing the API's versatility in handling various metal types.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for Nickel over a specified period. This information is crucial for traders looking to optimize their buying and selling strategies.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve open, high, low, and close prices for Nickel over a specified time frame. This data is essential for technical analysis and understanding market trends.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends over a significant period.
- API Key: Your unique API key is required to access the API's features, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format, making it easy to integrate into applications.
- Available Endpoints: The Metals-API includes 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies and metal symbols, allowing developers to stay updated on the latest offerings.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments and trends.
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's response structure is crucial for effective integration. Here are examples of responses from various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1764288394,
"base": "USD",
"date": "2025-11-28",
"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 the current price of Nickel (XNI) per troy ounce, along with prices for other metals. The "success" field confirms that the request was processed successfully.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1764201994,
"base": "USD",
"date": "2025-11-27",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows historical rates for Nickel and other metals, allowing users to analyze past pricing trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"base": "USD",
"rates": {
"2025-11-21": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-23": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-28": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides daily rates for Nickel over a specified period, which is useful for identifying trends and making forecasts.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1764288394,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert an amount from one currency to another, showcasing the API's versatility in handling currency conversions.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-21",
"end_date": "2025-11-28",
"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 response details how prices fluctuate over a specified period, providing insights into market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1764288394,
"base": "USD",
"date": "2025-11-28",
"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 endpoint provides open, high, low, and close prices for Nickel, which are essential for traders performing technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1764288394,
"base": "USD",
"date": "2025-11-28",
"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 Nickel, helping traders understand market conditions and make informed decisions.
Conclusion
The Metals-API is a game-changer for developers and businesses looking to access accurate Nickel (NI) prices in multiple currencies. By leveraging the API's extensive features, including real-time rates, historical data, and advanced analytical tools, users can gain valuable insights into market trends and fluctuations. The integration of smart technology and data analytics into the metal markets is paving the way for more informed decision-making and strategic planning.
As the demand for Nickel continues to grow, especially in the context of electric vehicles and renewable energy, having access to reliable data will be paramount. The Metals-API not only provides the necessary tools for tracking prices but also empowers developers to create innovative applications that can adapt to the ever-changing market landscape.
For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Documentation and familiarize themselves with the various endpoints and their functionalities. Additionally, the Metals-API Supported Symbols page offers a comprehensive list of available metal symbols, ensuring users can access the data they need.
In conclusion, the Metals-API stands as a vital resource for anyone involved in the metal markets, providing the tools necessary to navigate the complexities of pricing and market dynamics effectively.