Get updated LME Nickel (LME-NI) prices using this API

Get Updated LME Nickel (LME-NI) Prices Using This API

In today's fast-paced financial landscape, staying updated with real-time market data is crucial for developers and businesses alike. The Metals-API provides a powerful solution for accessing up-to-date LME Nickel (LME-NI) prices and other metal rates. This blog post delves into the significance of Nickel in the metal markets, the innovative capabilities of the Metals-API, and how developers can leverage this API to build next-generation applications.

Metals-API Information

About Nickel (XNI)

Nickel, represented by the symbol XNI, is a vital metal in various industries, particularly in the production of stainless steel and batteries. As the world shifts towards digital transformation, the metal markets are experiencing significant changes driven by technological innovation and advancements. The integration of smart technology and data analytics is reshaping how traders and businesses interact with metal prices.

In recent years, the demand for Nickel has surged, particularly due to its essential role in electric vehicle (EV) batteries. This trend highlights the importance of real-time data analytics in understanding market dynamics and making informed decisions. The future of Nickel markets is poised for further growth, with advancements in technology paving the way for more efficient trading practices and enhanced market insights.

API Description

The Metals-API is a comprehensive solution for accessing real-time and historical metal prices, including Nickel. This API empowers developers to create applications that require accurate and timely data, enabling them to respond swiftly to market changes. With its user-friendly interface and robust capabilities, the Metals-API stands out as a transformative tool in the financial technology landscape.

For developers looking to integrate real-time metals data into their applications, the Metals-API Documentation provides extensive resources and guidelines. The API supports a wide range of functionalities, including retrieving the latest rates, historical data, and conversion capabilities, making it an essential tool for anyone involved in metal trading.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs within the metal trading ecosystem. Here are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for Nickel and other metals, updated every 60 minutes or even more frequently. This feature is crucial for traders who need to make quick decisions based on the latest market conditions.
Historical Rates Endpoint: Access historical rates for Nickel dating back to 2019. This endpoint allows users to analyze past market trends and make informed predictions about future price movements.
Bid And Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for Nickel, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for traders operating in different currencies.
Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, enabling detailed analysis of price movements over time.
Fluctuation Endpoint: This endpoint provides information about how Nickel prices fluctuate on a day-to-day basis, helping traders understand volatility and market trends.
Lowest/Highest Price Endpoint: Retrieve the lowest and highest prices for Nickel over a specified period, which is essential for identifying market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint allows users to get the open, high, low, and close prices for Nickel, providing a comprehensive view of market performance.
Historical LME Endpoint: Access historical rates for LME symbols, including Nickel, dating back to 2008. This feature is invaluable for long-term market analysis.
API Key: Users must pass their unique API key into the API base URL's access_key parameter to authenticate their requests.
API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, including Nickel, ensuring users have access to the latest information.
News Endpoint: Retrieve the latest news articles related to Nickel and other metals, keeping users informed about market developments.

For a complete list of supported symbols, including Nickel, visit the Metals-API Supported Symbols page.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Here are some examples of the JSON responses you can expect from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1756839631,
    "base": "USD",
    "date": "2025-09-02",
    "rates": {
        "XNI": 0.142857
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1756753231,
    "base": "USD",
    "date": "2025-09-01",
    "rates": {
        "XNI": 0.145000
    },
    "unit": "per troy ounce"
}

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-08-26",
    "end_date": "2025-09-02",
    "base": "USD",
    "rates": {
        "2025-08-26": {
            "XNI": 0.140000
        },
        "2025-09-02": {
            "XNI": 0.142857
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XNI",
        "amount": 1000
    },
    "info": {
        "timestamp": 1756839631,
        "rate": 0.142857
    },
    "result": 142.857,
    "unit": "troy ounces"
}

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-08-26",
    "end_date": "2025-09-02",
    "base": "USD",
    "rates": {
        "XNI": {
            "start_rate": 0.140000,
            "end_rate": 0.142857,
            "change": 0.002857,
            "change_pct": 2.04
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1756839631,
    "base": "USD",
    "date": "2025-09-02",
    "rates": {
        "XNI": {
            "open": 0.140000,
            "high": 0.145000,
            "low": 0.139000,
            "close": 0.142857
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1756839631,
    "base": "USD",
    "date": "2025-09-02",
    "rates": {
        "XNI": {
            "bid": 0.142000,
            "ask": 0.143000,
            "spread": 0.001000
        }
    },
    "unit": "per troy ounce"
}

Each of these endpoints provides critical data that can be utilized for various applications, from trading platforms to analytical tools. Understanding the structure of the API responses is essential for developers to effectively parse and utilize the data.

Conclusion

The Metals-API offers a robust and innovative solution for accessing real-time and historical Nickel prices, empowering developers to create applications that can adapt to the ever-changing metal markets. By leveraging the API's extensive features, including the latest rates, historical data, and conversion capabilities, developers can build tools that provide valuable insights and enhance trading strategies.

As the demand for Nickel continues to rise, particularly in the context of electric vehicle production and renewable energy technologies, the importance of accurate and timely data cannot be overstated. The Metals-API stands at the forefront of this digital transformation, providing the necessary tools for developers to succeed in a competitive landscape.

For more information on how to get started with the Metals-API, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation and usage. With the right tools and data at your fingertips, the future of metal trading is bright.

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Get updated LME Nickel (LME-NI) prices using this API