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Retrieve Nickel (NI) Historical Prices using this API for Financial Modeling

Retrieve Nickel (NI) Historical Prices using this API for Financial Modeling

Retrieve Nickel (NI) Historical Prices using this API for Financial Modeling

Retrieve Nickel (NI) Historical Prices using this API for Financial Modeling

In the ever-evolving landscape of financial markets, the demand for accurate and timely data is paramount. For developers and analysts focusing on metals, the ability to retrieve historical prices for Nickel (NI) is crucial for making informed decisions. The Metals-API offers a robust solution for accessing real-time and historical data, empowering users to harness the power of data analytics and insights. This blog post will delve into the capabilities of the Metals-API, particularly focusing on Nickel, and explore how to effectively retrieve historical prices.

About Nickel (XNI)

Nickel, represented by the symbol XNI, is a key metal in various industrial applications, particularly in the production of stainless steel and batteries. As industries undergo digital transformation, the metal markets are also experiencing significant changes driven by technological innovation and advancement. The integration of smart technologies and data analytics is reshaping how traders and investors interact with metal markets.

With the rise of electric vehicles and renewable energy technologies, the demand for Nickel is expected to surge. This creates a pressing need for accurate historical pricing data to analyze trends, forecast future prices, and make strategic investment decisions. The Metals-API provides a comprehensive suite of tools that enable developers to access this vital information seamlessly.

API Description

The Metals-API is designed to provide developers with real-time and historical data on various metals, including Nickel. It empowers users to build next-generation applications that leverage accurate metals data for trading, analysis, and reporting. The API's capabilities include retrieving the latest rates, historical prices, and even performing conversions between different metals and currencies.

One of the standout features of the Metals-API is its ability to deliver data in real-time, ensuring that users have access to the most current information. This is particularly important in the fast-paced world of trading, where every second counts. The API also supports a wide range of endpoints, each tailored to specific data retrieval needs, making it a versatile tool for developers.

Key Features and Endpoints

The Metals-API offers several endpoints that cater to different data retrieval requirements. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Nickel and other metals. Depending on your subscription plan, the API updates this data every 60 minutes, every 10 minutes, or even more frequently. This ensures that users can access the latest market rates without delay.
  • Historical Rates Endpoint: Users can access historical rates for Nickel dating back to 2019. By appending a specific date to the API request, developers can retrieve historical pricing data, which is essential for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Nickel. Understanding the bid-ask spread is crucial for traders looking to execute orders at the best possible prices.
  • Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing with multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. This is invaluable for analyzing price movements over specific periods.
  • Fluctuation Endpoint: Users can track how Nickel prices fluctuate on a day-to-day basis using this endpoint. It provides insights into market volatility, helping traders make informed decisions.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed OHLC data for Nickel, allowing users to analyze price movements over specific time frames.
  • Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, offering a wealth of data for analysis.
  • API Key: Each user is assigned a unique API key, which is required to access the API. This ensures secure and authorized access to the data.
  • 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 integrate into their applications.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, ensuring users have access to the latest information.
  • News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market trends and developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, here are some example responses for key endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1750295181,
    "base": "USD",
    "date": "2025-06-19",
    "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"
}

The response includes a timestamp, base currency, date, and rates for various metals, including Nickel (XNI). This data is crucial for traders looking to make quick decisions based on the latest market conditions.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1750208781,
    "base": "USD",
    "date": "2025-06-18",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This endpoint allows users to access historical exchange rates for Nickel and other metals, providing valuable insights into past market behavior.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "base": "USD",
    "rates": {
        "2025-06-12": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-14": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-19": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series endpoint is particularly useful for analyzing trends over specific periods, allowing developers to visualize price movements and make data-driven decisions.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1750295181,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This endpoint demonstrates the conversion capabilities of the Metals-API, allowing users to easily convert between different metals and currencies.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-12",
    "end_date": "2025-06-19",
    "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"
}

The fluctuation endpoint provides insights into market volatility, allowing traders to assess risk and make informed decisions based on price changes over time.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1750295181,
    "base": "USD",
    "date": "2025-06-19",
    "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"
}

This endpoint is essential for traders looking to analyze price movements within specific time frames, providing a comprehensive view of market behavior.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1750295181,
    "base": "USD",
    "date": "2025-06-19",
    "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"
}

The bid/ask endpoint provides real-time pricing information, allowing traders to make informed decisions based on current market conditions.

Conclusion

In conclusion, the Metals-API offers a comprehensive solution for developers looking to retrieve historical prices for Nickel (XNI) and other metals. With its robust set of features, including real-time rates, historical data, and conversion capabilities, the API empowers users to make data-driven decisions in the fast-paced world of metal trading.

As industries continue to evolve and the demand for metals like Nickel increases, having access to accurate and timely data will be crucial. The Metals-API not only provides this data but also enables developers to build innovative applications that leverage the power of real-time metals information.

For more information on how to get started with the Metals-API, be sure to check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Visit the Metals-API Website to learn more about how this API can transform your approach to metal trading and analysis.

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