How to Get Real-Time Bismuth (BMTH) Prices to Enhance Your Trading Strategy with Metals-API

Introduction

In the fast-paced world of trading, having access to real-time market data is crucial for making informed decisions. For traders interested in metals, accessing real-time Bismuth (BMTH) prices can significantly enhance trading strategies. One of the most effective ways to achieve this is through the Metals-API. This powerful API provides comprehensive data on various metals, including real-time prices, historical rates, and much more. In this blog post, we will explore how to access real-time Bismuth prices using Metals-API, providing step-by-step instructions and example API calls.

Understanding Metals-API

The Metals-API is a robust tool designed for developers seeking to integrate real-time metal prices into their applications. With a focus on digital transformation in metal markets, the API leverages technological innovation and data analytics to provide insights that empower traders and developers alike. By utilizing this API, you can build next-generation applications that offer real-time data and analytics, enhancing your trading strategies.

Key Features of Metals-API

Metals-API offers a variety of endpoints that cater to different needs, making it a versatile tool for traders. Here are some of the key features:

• Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This is essential for traders who need the most current pricing information.
• Historical Rates Endpoint: Access historical rates dating back to 2019. You can query the API for historical rates by appending a specific date, allowing you to analyze trends over time.
• Bid and Ask Endpoint: Retrieve real-time bid and ask prices, which are crucial for understanding market dynamics and making timely trading decisions.
• Convert Endpoint: This feature allows you to convert any amount from one metal to another or to/from USD, facilitating easy calculations for traders.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling detailed analysis of price movements over time.
• Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
• Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is essential for technical analysis.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for a specific date, helping traders identify price extremes.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is invaluable for traders focusing on exchange-traded metals.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about market developments.

Accessing Real-Time Bismuth Prices

To access real-time Bismuth prices using Metals-API, you will need to follow a few simple steps:

Step 1: Sign Up for Metals-API

First, you need to create an account on the Metals-API Website. After signing up, you will receive an API key, which is essential for making requests to the API.

Step 2: Understand Your API Key

Your API key is a unique identifier that must be included in every API request. It is passed into the API base URL's access_key parameter. Ensure that you keep your API key secure and do not share it publicly.

Step 3: Make Your First API Call

To get the latest Bismuth prices, you can use the Latest Rates Endpoint. Here’s how you can structure your API call:

GET https://metals-api.com/api/latest?access_key=YOUR_API_KEY&base=USD&symbols=BMTH

Replace YOUR_API_KEY with your actual API key. This request will return the latest Bismuth price relative to USD.

Example Response for Latest Rates Endpoint

Here’s an example of what the JSON response might look like:

{
"success": true,
"timestamp": 1768263964,
"base": "USD",
"date": "2026-01-13",
"rates": {
"BMTH": 0.000482
},
"unit": "per troy ounce"
}

This response indicates that the latest price for Bismuth is 0.000482 USD per troy ounce.

Step 4: Access Historical Prices

If you want to analyze historical Bismuth prices, you can use the Historical Rates Endpoint. The API call would look like this:

GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=YYYY-MM-DD&symbols=BMTH

Replace YYYY-MM-DD with the specific date you want to query. This will return the Bismuth price for that date.

Example Response for Historical Rates Endpoint

Here’s an example response:

{
"success": true,
"timestamp": 1768177564,
"base": "USD",
"date": "2026-01-12",
"rates": {
"BMTH": 0.000485
},
"unit": "per troy ounce"
}

This indicates that on January 12, 2026, the price of Bismuth was 0.000485 USD per troy ounce.

Step 5: Utilize the Bid and Ask Endpoint

To get the current bid and ask prices for Bismuth, you can use the Bid and Ask Endpoint. The API call would be:

GET https://metals-api.com/api/bid-ask?access_key=YOUR_API_KEY&symbols=BMTH

This will provide you with the current bid and ask prices, which are essential for making trading decisions.

Example Response for Bid/Ask Endpoint

Here’s what the response might look like:

{
"success": true,
"timestamp": 1768263964,
"base": "USD",
"date": "2026-01-13",
"rates": {
"BMTH": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

This response shows that the current bid price for Bismuth is 0.000481 USD, and the ask price is 0.000483 USD, with a spread of 2.0e-6 USD.

Step 6: Convert Metal Prices

If you need to convert Bismuth prices to another currency or metal, you can use the Convert Endpoint. The API call would look like this:

GET https://metals-api.com/api/convert?access_key=YOUR_API_KEY&from=USD&to=BMTH&amount=1000

This request converts 1000 USD into Bismuth.

Example Response for Convert Endpoint

Here’s an example of the JSON response:

{
"success": true,
"query": {
"from": "USD",
"to": "BMTH",
"amount": 1000
},
"info": {
"timestamp": 1768263964,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

This indicates that 1000 USD is equivalent to 0.482 troy ounces of Bismuth at the current exchange rate.

Step 7: Analyze Price Fluctuations

To track how Bismuth prices fluctuate over time, you can use the Fluctuation Endpoint. The API call would look like this:

GET https://metals-api.com/api/fluctuation?access_key=YOUR_API_KEY&start_date=YYYY-MM-DD&end_date=YYYY-MM-DD&base=USD&symbols=BMTH

This will provide you with information on how the price of Bismuth has changed between the specified dates.

Example Response for Fluctuation Endpoint

Here’s an example response:

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"base": "USD",
"rates": {
"BMTH": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}

This response indicates that the price of Bismuth decreased from 0.000485 to 0.000482 USD over the specified period, reflecting a change of -0.62%.

Step 8: Utilize Time-Series Data

For a more detailed analysis, you can use the Time-Series Endpoint to get exchange rates for a specific time period. The API call would look like this:

GET https://metals-api.com/api/timeseries?access_key=YOUR_API_KEY&start_date=YYYY-MM-DD&end_date=YYYY-MM-DD&base=USD&symbols=BMTH

This will return daily historical rates for Bismuth between the specified dates.

Example Response for Time-Series Endpoint

Here’s an example response:

{
"success": true,
"timeseries": true,
"start_date": "2026-01-06",
"end_date": "2026-01-13",
"base": "USD",
"rates": {
"2026-01-06": {
"BMTH": 0.000485
},
"2026-01-08": {
"BMTH": 0.000483
},
"2026-01-13": {
"BMTH": 0.000482
}
},
"unit": "per troy ounce"
}

This response provides daily rates for Bismuth over the specified period, allowing for detailed trend analysis.

Conclusion

Accessing real-time Bismuth prices through the Metals-API is a straightforward process that can significantly enhance your trading strategy. By following the steps outlined in this blog post, you can leverage the power of real-time data to make informed trading decisions. The Metals-API not only provides real-time prices but also offers historical data, bid and ask prices, and various conversion options, making it an invaluable tool for traders. For more detailed information, be sure to check the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. With the right tools and data at your fingertips, you can navigate the metal markets with confidence.