Get the latest Ruthenium (RUTH) prices for market analysis using this API

Get the Latest Ruthenium (RUTH) Prices for Market Analysis Using This API

In the ever-evolving landscape of metal markets, staying updated with real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access the latest prices of various metals, including Ruthenium (RUTH). This blog post delves into the capabilities of the Metals-API, focusing on how it can empower developers to create innovative applications that leverage real-time metals data.

Metals-API Information

About Ruthenium (RUTH)

Ruthenium is a rare transition metal that belongs to the platinum group. It is primarily used in electronics, chemical applications, and as a catalyst in various industrial processes. As the demand for high-performance materials continues to rise, understanding the market dynamics of Ruthenium becomes essential. The digital transformation in metal markets has paved the way for technological innovations that enhance data analytics and insights. By integrating smart technologies, stakeholders can gain a competitive edge in the market.

The Metals-API plays a pivotal role in this transformation by providing developers with access to real-time and historical data on Ruthenium prices. This data can be utilized to analyze market trends, forecast future prices, and make strategic investment decisions. With the integration of advanced data analytics, developers can create applications that not only track prices but also provide insights into market fluctuations and trends.

API Description

The Metals-API is a powerful tool that offers a comprehensive suite of features for accessing metals data. It allows developers to build next-generation applications that require real-time information on various metals, including Ruthenium. The API is designed with innovation in mind, enabling seamless integration into existing systems and applications.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on the subscription plan, developers can access the latest rates updated every 60 minutes or even every 10 minutes. This ensures that users have the most accurate and timely information at their fingertips.

Additionally, the API provides historical rates dating back to 2019, allowing developers to analyze trends over time. By appending a specific date to the API request, users can retrieve historical data that can be invaluable for market analysis and forecasting.

The Metals-API also includes a Bid and Ask endpoint, which is essential for traders looking to make informed decisions based on current market conditions. This feature enables users to retrieve real-time bid and ask prices, providing insights into market liquidity and pricing dynamics.

For those interested in currency conversion, the Metals-API offers a dedicated Convert endpoint. This allows users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.

Moreover, the Time-Series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for analyzing price movements over specific periods, enabling users to identify patterns and make data-driven decisions.

Another valuable feature is the Fluctuation endpoint, which provides information about how metal prices fluctuate on a day-to-day basis. This data can help traders and investors understand market volatility and adjust their strategies accordingly.

The Metals-API also includes endpoints for retrieving the lowest and highest prices, as well as open, high, low, and close (OHLC) prices for specific time periods. These features are crucial for traders looking to analyze price movements and make informed trading decisions.

For developers interested in the London Metal Exchange (LME), the API offers a Historical LME endpoint that provides access to historical rates dating back to 2008. This feature is particularly beneficial for those looking to analyze long-term trends in the metals market.

To access the Metals-API, developers need an API Key, which is a unique identifier passed into the API base URL's access_key parameter. This key ensures secure access to the API and helps manage usage limits.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to provide specific functionalities that cater to the needs of developers and traders alike. Here are some of the key features:

Latest Rates Endpoint: Get real-time exchange rates for all available metals, including Ruthenium. The response includes the base currency, timestamp, and rates for various metals.
Historical Rates Endpoint: Access historical exchange rates for any date since 2019. This endpoint is invaluable for analyzing past market trends.
Bid and Ask Endpoint: Retrieve current bid and ask prices for metals, providing insights into market liquidity.
Convert Endpoint: Convert any amount from one metal to another or to/from USD, facilitating seamless transactions.
Time-Series Endpoint: Query the API for daily historical rates between two dates, allowing for in-depth analysis of price movements.
Fluctuation Endpoint: Track rate fluctuations between two dates, helping users understand market volatility.
Carat Endpoint: Retrieve information about Gold rates by Carat, useful for jewelers and investors.
Lowest/Highest Price Endpoint: Get the lowest and highest price for a specified date.
Open/High/Low/Close (OHLC) Price Endpoint: Access OHLC data for a specific time period, essential for traders.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008.
API Key: A unique key for secure access to the API.
API Response: Exchange rates are delivered relative to USD, ensuring consistency in data.
Available Endpoints: The API comes with multiple endpoints, each providing different functionalities.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies.
Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint.
News Endpoint: Get the latest news articles related to various metals.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1750381343,
    "base": "USD",
    "date": "2025-06-20",
    "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.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1750294943,
    "base": "USD",
    "date": "2025-06-19",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing users to analyze past market conditions.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-13",
    "end_date": "2025-06-20",
    "base": "USD",
    "rates": {
        "2025-06-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-20": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of rates between two specified dates, enabling users to track price movements over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750381343,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert an amount from one metal to another, providing the conversion rate and the result.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-13",
    "end_date": "2025-06-20",
    "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 provides insights into how prices fluctuate over a specified period, helping users understand market volatility.

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

{
    "success": true,
    "timestamp": 1750381343,
    "base": "USD",
    "date": "2025-06-20",
    "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 response provides OHLC data for a specific date, essential for traders looking to analyze price movements.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1750381343,
    "base": "USD",
    "date": "2025-06-20",
    "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, offering insights into market liquidity.

Conclusion

The Metals-API is an invaluable resource for developers and traders looking to stay ahead in the dynamic metal markets. With its comprehensive suite of features, including real-time pricing, historical data, and advanced analytics, the API empowers users to make informed decisions based on accurate and timely information.

By leveraging the capabilities of the Metals-API, developers can create innovative applications that enhance market analysis and trading strategies. Whether it's tracking Ruthenium prices or analyzing trends across various metals, the API provides the tools necessary for success in the competitive landscape of metal trading.

For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Visit the Metals-API Website to learn more about how this powerful tool can transform your approach to metal market analysis.

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Get the latest Ruthenium (RUTH) prices for market analysis using this API