How to Retrieve Cobalt (LCO) Historical Prices through this API
How to Retrieve Cobalt (LCO) Historical Prices through this API
In today's rapidly evolving digital landscape, the demand for real-time data in the metal markets is more critical than ever. Cobalt (LCO), a vital component in various industries, particularly in battery production for electric vehicles, has seen a surge in interest. This blog post will delve into how to retrieve historical prices for Cobalt using the Metals-API, a powerful tool that provides comprehensive data on various metals, including Cobalt. We will explore the API's capabilities, its innovative features, and how developers can leverage this technology to build next-generation applications.
Metals-API Information
The Metals-API is designed to provide developers with real-time and historical data on metal prices. This API empowers users to access a wealth of information, enabling them to make informed decisions based on accurate and timely data. With a focus on technological innovation and advancement, the Metals-API integrates smart technology to deliver insights that can transform how businesses operate in the metal markets.
About Cobalt (LCO)
Cobalt is a critical metal used in various applications, most notably in the production of lithium-ion batteries. As the world shifts towards renewable energy and electric vehicles, the demand for Cobalt is expected to rise significantly. This digital transformation in metal markets is driven by the need for accurate data analytics and insights. The Metals-API provides developers with the tools necessary to integrate Cobalt pricing data into their applications, allowing for better forecasting and decision-making.
Technological advancements in data analytics have made it possible to track Cobalt prices in real-time, providing businesses with the agility to respond to market fluctuations. The integration of smart technology into the Metals-API allows for seamless data retrieval and analysis, enabling users to stay ahead of the curve. Future trends indicate that as more industries adopt electric vehicles and renewable energy solutions, the importance of accurate Cobalt pricing will only increase.
API Description
The Metals-API is a robust platform that offers a variety of endpoints for accessing metal price data. Its capabilities extend beyond simple price retrieval; it allows developers to build applications that can analyze trends, forecast prices, and even convert currencies. The API is designed with innovation in mind, providing a transformative potential for real-time metals data.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently depending on the subscription plan. This ensures that users have access to the most current information available. Furthermore, the API supports a wide range of functionalities, including historical rates, bid and ask prices, and conversion capabilities, making it an invaluable resource for developers working in the metal markets.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. 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 feature is essential for applications that require up-to-the-minute pricing information.
- Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a date to the API request, developers can retrieve past pricing data, which is crucial for trend analysis and forecasting.
- Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The conversion endpoint enables users to convert any amount from one metal to another or to/from USD. This is particularly useful for applications that require multi-currency support.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice, allowing for comprehensive analysis over specified periods.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, offering insights into market volatility.
- Carat Endpoint: Users can retrieve information about gold rates by carat, which is essential for applications in the jewelry industry.
- Lowest/Highest Price Endpoint: This feature allows users to query the API to get the lowest and highest prices for a specified date, which is vital for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for extensive historical analysis.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The Metals-API includes 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available currencies, ensuring users can access the most up-to-date information on supported symbols.
- News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market trends and 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 API's responses is crucial for effective integration. Below are examples of various endpoint responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1767658464,
"base": "USD",
"date": "2026-01-06",
"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 a successful request, providing the latest rates for various metals relative to USD. Each metal's price is given per troy ounce, which is the standard measurement in the industry.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1767572064,
"base": "USD",
"date": "2026-01-05",
"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 a specific date. The response includes the base currency, the date of the rates, and the prices for each metal.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"base": "USD",
"rates": {
"2025-12-30": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-01": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-06": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series response provides daily rates for a specified period, allowing developers to analyze trends over time. This is particularly useful for applications focused on market analysis and forecasting.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1767658464,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This response demonstrates the conversion of an amount from USD to gold (XAU). The result indicates how much gold can be purchased with the specified amount of USD, which is essential for financial applications.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-30",
"end_date": "2026-01-06",
"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 endpoint provides insights into how prices have fluctuated over a specified period, which is crucial for understanding market dynamics and making informed trading decisions.
OHLC (Open/High/Low/Close) Endpoint
{
"success": true,
"timestamp": 1767658464,
"base": "USD",
"date": "2026-01-06",
"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 a comprehensive view of price movements for a specific date, which is essential for traders and analysts focused on technical analysis.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1767658464,
"base": "USD",
"date": "2026-01-06",
"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 endpoint provides current bid and ask prices for metals, which is crucial for traders looking to make informed buying and selling decisions.
Conclusion
In conclusion, the Metals-API offers a comprehensive solution for developers seeking to access historical prices for Cobalt and other metals. With its innovative features and robust endpoints, this API empowers users to build applications that can analyze market trends, convert currencies, and provide real-time pricing data. By leveraging the capabilities of the Metals-API, developers can create tools that enhance decision-making processes in the metal markets.
For more information on how to implement these features, refer to the Metals-API Documentation. Additionally, explore the Metals-API Supported Symbols page to familiarize yourself with the various metal symbols available. As the demand for accurate and timely metal pricing data continues to grow, the Metals-API stands out as a vital resource for developers in this dynamic market.