Retrieve Cobalt (LCO) prices using this API to enhance your data analysis

Retrieve Cobalt (LCO) Prices Using This API to Enhance Your Data Analysis

In today's rapidly evolving digital landscape, the demand for real-time data analytics has never been more critical, especially in the metal markets. Cobalt (LCO), a vital component in various industries, including electronics and battery manufacturing, is at the forefront of this transformation. By leveraging the capabilities of the Metals-API, developers can access comprehensive data on cobalt prices and other metals, enabling them to enhance their data analysis and make informed decisions.

Metals-API Information

About Cobalt (LCO)

Cobalt is a strategic metal that plays a crucial role in the production of rechargeable batteries, particularly for electric vehicles and portable electronics. As the world shifts towards sustainable energy solutions, the demand for cobalt is expected to rise significantly. This surge in demand is driving digital transformation in metal markets, where technological innovation and advancement are paramount.

Data analytics and insights derived from real-time cobalt pricing can empower businesses to optimize their supply chains, manage risks, and forecast market trends. By integrating smart technology with robust data analytics, companies can gain a competitive edge in the cobalt market. The future of cobalt pricing is not just about numbers; it's about understanding the underlying factors that influence these prices and leveraging that knowledge for strategic advantage.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data on various metals, including cobalt. This API is designed to empower developers to build next-generation applications that require accurate and timely metals data. With its innovative features, the Metals-API transforms how businesses interact with metal pricing data.

One of the standout capabilities of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes or even every 10 minutes. This level of granularity allows businesses to react swiftly to market changes, ensuring they remain competitive.

The API also offers historical rates dating back to 2019, enabling users to analyze trends over time. By appending a specific date to the API request, developers can access historical pricing data, which is invaluable for conducting thorough market analyses.

Moreover, the Metals-API includes a Bid and Ask endpoint, which provides real-time bid and ask prices for metals. This feature is particularly useful for traders who need to make quick decisions based on current market conditions. Additionally, the Convert endpoint allows users to convert amounts between different metals or to/from USD, facilitating seamless transactions.

For those interested in tracking fluctuations, the Fluctuation endpoint provides insights into how prices change over time. This data can be crucial for businesses looking to manage their investments effectively. The Time-Series endpoint allows users to query daily historical rates between two dates, offering a comprehensive view of price movements.

Furthermore, the API includes endpoints for retrieving the lowest and highest prices, as well as Open/High/Low/Close (OHLC) data for specific time periods. This information is essential for traders and analysts who need to understand market dynamics in detail.

For developers looking to integrate the Metals-API into their applications, the API key serves as a unique identifier that grants access to the API's features. The API response is structured to deliver data relative to USD, ensuring consistency across different metals.

To explore the full range of metal symbols supported by the API, developers can refer to the Metals-API Supported Symbols page, which provides a comprehensive list of available metals and their specifications.

Key Features and Endpoints

The Metals-API boasts a variety of endpoints, each designed to cater to specific data needs. Here’s a closer look at some of the key features:

Latest Rates Endpoint

The Latest Rates endpoint provides real-time exchange rates for all available metals. This endpoint is crucial for applications that require up-to-the-minute pricing information. The response includes a timestamp, base currency, date, and rates for various metals.

{
    "success": true,
    "timestamp": 1753599615,
    "base": "USD",
    "date": "2025-07-27",
    "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"
}

Historical Rates Endpoint

Accessing historical exchange rates is essential for understanding market trends. The Historical Rates endpoint allows users to retrieve rates for any date since 1999. This feature is particularly useful for conducting in-depth analyses of price movements over time.

{
    "success": true,
    "timestamp": 1753513215,
    "base": "USD",
    "date": "2025-07-26",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

The Time-Series endpoint allows users to query the API for daily historical rates between two specified dates. This functionality is invaluable for businesses looking to analyze trends and make data-driven decisions based on historical performance.

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-07-20",
    "end_date": "2025-07-27",
    "base": "USD",
    "rates": {
        "2025-07-20": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-22": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-27": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

The Convert endpoint is a powerful feature that allows users to convert any amount from one metal to another or to/from USD. This capability is essential for businesses that deal with multiple currencies and metals, streamlining the transaction process.

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1753599615,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

The Fluctuation endpoint provides insights into how prices fluctuate between two dates. This information is crucial for businesses looking to manage their investments and understand market volatility.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-20",
    "end_date": "2025-07-27",
    "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 endpoint provides essential data for traders, allowing them to analyze the open, high, low, and close prices for a specific time period. This information is vital for making informed trading decisions.

{
    "success": true,
    "timestamp": 1753599615,
    "base": "USD",
    "date": "2025-07-27",
    "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"
}

Bid/Ask Endpoint

The Bid/Ask endpoint provides current bid and ask prices for metals, allowing traders to make quick decisions based on the latest market conditions. This feature is essential for those actively trading in the metals market.

{
    "success": true,
    "timestamp": 1753599615,
    "base": "USD",
    "date": "2025-07-27",
    "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"
}

Conclusion

The Metals-API is an invaluable resource for developers looking to enhance their data analysis capabilities in the cobalt market and beyond. With its comprehensive range of endpoints, real-time data access, and historical insights, the API empowers businesses to make informed decisions based on accurate and timely information.

By leveraging the capabilities of the Metals-API, developers can build innovative applications that integrate real-time metals data, enabling them to stay ahead of market trends and optimize their operations. Whether you are tracking cobalt prices, analyzing historical trends, or converting between different metals, the Metals-API provides the tools you need to succeed in the dynamic world of metal markets.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the full range of features available. Don't forget to check out the Metals-API Supported Symbols page for a complete list of metal symbols you can access through the API.