Obtain Ruthenium (RUTH) Historical Prices via this API

Introduction

In the world of precious metals trading, obtaining accurate and timely historical prices is crucial for making informed decisions. One such metal that has gained attention in recent years is Ruthenium (RUTH). With the rise of digital transformation in metal markets, the ability to access historical price data through APIs has become increasingly important. In this blog post, we will explore how to obtain Ruthenium historical prices using the Metals-API, a powerful tool that provides real-time and historical data for various metals.

Metals-API Information

About Ruthenium (RUTH)

Ruthenium is a rare transition metal that belongs to the platinum group. It is known for its high melting point and excellent resistance to corrosion, making it valuable in various industrial applications, including electronics, chemical processes, and jewelry. As the demand for Ruthenium continues to grow, so does the need for reliable data on its historical prices.

The digital transformation in metal markets has led to significant technological innovations and advancements. With the integration of data analytics and smart technology, traders and investors can now access insights that were previously unavailable. The Metals-API plays a pivotal role in this transformation by providing developers with the tools to build next-generation applications that leverage real-time metals data.

API Description

The Metals-API is designed to empower developers by offering a comprehensive suite of features that facilitate the retrieval of metals data. This API enables users to access real-time and historical prices, making it an invaluable resource for anyone involved in the metals market. With its focus on innovation and technological advancement, the Metals-API allows for seamless integration into various applications, providing developers with the flexibility to create solutions tailored to their needs.

Key Features and Endpoints

The Metals-API offers a range of endpoints that cater to different data retrieval needs. Each endpoint is designed with specific functionalities that can be utilized in various applications. Below, we will delve into some of the key features and their potential applications.

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for metals, updated according to your subscription plan. Depending on your plan, you can receive updates every 60 minutes, every 10 minutes, or even more frequently. This endpoint is essential for traders who require up-to-the-minute pricing information to make informed decisions.

{
    "success": true,
    "timestamp": 1745885053,
    "base": "USD",
    "date": "2025-04-29",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744,
        "XCU": 0.294118,
        "XAL": 0.434783,
        "XNI": 0.142857,
        "XRU": 0.344828
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

The Historical Rates Endpoint allows users to access historical exchange rates for most metals dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data, which is invaluable for trend analysis and forecasting.

{
    "success": true,
    "timestamp": 1745798653,
    "base": "USD",
    "date": "2025-04-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to execute buy or sell orders at optimal prices. The bid price represents the highest price a buyer is willing to pay, while the ask price is the lowest price a seller is willing to accept.

{
    "success": true,
    "timestamp": 1745885053,
    "base": "USD",
    "date": "2025-04-29",
    "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"
}

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders who need to quickly assess the value of their holdings in different currencies.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1745885053,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is essential for analyzing price trends over specific periods, enabling traders to make data-driven decisions based on historical performance.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-22",
    "end_date": "2025-04-29",
    "base": "USD",
    "rates": {
        "2025-04-22": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-24": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-29": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides information about how metals fluctuate on a day-to-day basis. This feature is particularly useful for traders looking to understand market volatility and make informed trading decisions based on price changes.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-22",
    "end_date": "2025-04-29",
    "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"
}

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

The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for technical analysis and helps traders understand market trends and price movements.

{
    "success": true,
    "timestamp": 1745885053,
    "base": "USD",
    "date": "2025-04-29",
    "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"
}

Historical LME Endpoint

The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for users interested in historical data related to metals traded on the London Metal Exchange.

{
    "success": true,
    "timestamp": 1745798653,
    "base": "USD",
    "date": "2025-04-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

API Key and Authentication

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 to authenticate your requests. Proper management of your API key is essential for maintaining security and ensuring that your application functions correctly.

API Response

The Metals-API delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications. Understanding the structure of the API response is crucial for effective data handling.

Performance Optimization and Scaling

When integrating the Metals-API into your applications, it is important to consider performance optimization strategies. Caching frequently accessed data can significantly reduce API calls and improve response times. Additionally, implementing rate limiting and quota management can help ensure that your application remains responsive and efficient.

Security Considerations

Security is a critical aspect of API integration. Developers should follow best practices for data validation and sanitization to prevent potential vulnerabilities. Additionally, using HTTPS for API requests ensures that data transmitted between your application and the API remains secure.

Conclusion

In conclusion, obtaining historical prices for Ruthenium (RUTH) through the Metals-API is a straightforward process that can greatly enhance your trading strategies. With its comprehensive suite of features, the Metals-API empowers developers to access real-time and historical data, enabling informed decision-making in the metals market. By leveraging the various endpoints, such as the Latest Rates, Historical Rates, and Bid and Ask endpoints, traders can gain valuable insights into market trends and fluctuations.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. By integrating this powerful API into your applications, you can stay ahead in the rapidly evolving world of metals trading.