The Easiest Way to Get Rhodium (XRH) Historical Rates via API Integration
The Easiest Way to Get Rhodium (XRH) Historical Rates via API Integration
In today's rapidly evolving digital landscape, accessing real-time data is crucial for developers and businesses alike. One of the most valuable resources for those involved in the metals market is the Metals-API. This powerful API provides developers with the ability to retrieve historical prices for various metals, including Rhodium (XRH), enabling them to build innovative applications that leverage real-time and historical data. In this blog post, we will explore how to effectively use the Metals-API to obtain historical rates for Rhodium, including detailed examples of endpoints, parameters, and data formats.
Understanding Metals-API
The Metals-API is a comprehensive JSON API that offers a wide range of functionalities for accessing metals prices and currency conversion. With its robust capabilities, developers can integrate real-time and historical data into their applications, facilitating informed decision-making in the metals market. The API supports various endpoints, each designed to cater to specific needs, such as retrieving the latest rates, historical data, and even fluctuations over time.
About Rhodium (XRH)
Rhodium is a rare and precious metal that plays a significant role in various industrial applications, particularly in catalytic converters for automobiles. As the demand for cleaner emissions increases, the importance of Rhodium in the automotive industry continues to grow. The digital transformation in metal markets has led to a surge in technological innovations, allowing for better data analytics and insights into metal prices. By integrating smart technology, developers can harness the power of real-time data to create applications that predict market trends and provide valuable insights.
API Description
The Metals-API is designed to empower developers by providing them with easy access to real-time and historical metals data. Its innovative architecture allows for seamless integration into various applications, enabling businesses to stay ahead of market trends. The API supports multiple endpoints, each offering unique functionalities that cater to different use cases. For instance, developers can access the latest rates, historical prices, and even perform currency conversions with ease.
For more detailed information, you can refer to the Metals-API Documentation, which provides comprehensive guidance on how to utilize the API effectively.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that can be utilized for different purposes. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or even more frequently.
- Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to the endpoint, developers can retrieve historical price data for analysis.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market dynamics.
- Convert Endpoint: The API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two specified dates, allowing for in-depth analysis of price trends over time.
- Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, which is essential for understanding market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for a specific time period, which is crucial for traders looking to analyze price movements.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
- News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.
Accessing Historical Rates for Rhodium (XRH)
To access historical rates for Rhodium (XRH), you will primarily use the Historical Rates Endpoint. This endpoint allows you to specify a date and retrieve the corresponding historical price data. The API response will include the price of Rhodium relative to USD, along with other relevant information.
Example of Historical Rates Endpoint
To retrieve historical rates for Rhodium, you would construct a request to the Historical Rates Endpoint as follows:
GET https://metals-api.com/api/historical?access_key=YOUR_API_KEY&date=YYYY-MM-DD&base=USD&symbols=XRH
In this example, replace YOUR_API_KEY with your actual API key, and YYYY-MM-DD with the desired date for which you want to retrieve the historical price.
Sample Response
The response from the API will be in JSON format, providing you with the historical price data. Here’s an example of what the response might look like:
{
"success": true,
"timestamp": 1763082236,
"base": "USD",
"date": "2025-11-14",
"rates": {
"XRH": 0.000485
},
"unit": "per troy ounce"
}
In this response, the rates field contains the historical price of Rhodium (XRH) for the specified date. The unit indicates that the price is quoted per troy ounce.
Utilizing the Time-Series Endpoint
For developers looking to analyze price trends over a specific period, the Time-Series Endpoint is invaluable. This endpoint allows you to query the API for daily historical rates between two dates, providing a comprehensive view of price movements.
Example of Time-Series Endpoint
To use the Time-Series Endpoint, you would construct a request as follows:
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=XRH
Replace YOUR_API_KEY with your API key, and specify the start_date and end_date to define the period for which you want to retrieve data.
Sample Response
The API response will include daily rates for Rhodium over the specified period. Here’s an example:
{
"success": true,
"timeseries": true,
"start_date": "2025-11-08",
"end_date": "2025-11-15",
"base": "USD",
"rates": {
"2025-11-08": {
"XRH": 0.000485
},
"2025-11-09": {
"XRH": 0.000483
},
"2025-11-10": {
"XRH": 0.000482
},
"2025-11-11": {
"XRH": 0.000480
},
"2025-11-12": {
"XRH": 0.000479
},
"2025-11-13": {
"XRH": 0.000478
},
"2025-11-14": {
"XRH": 0.000485
},
"2025-11-15": {
"XRH": 0.000482
}
},
"unit": "per troy ounce"
}
This response provides a detailed view of how Rhodium prices have changed over the specified time period, allowing for in-depth analysis of market trends.
Advanced Features and Use Cases
Beyond basic historical data retrieval, the Metals-API offers several advanced features that can enhance your applications. For instance, the Fluctuation Endpoint allows you to track rate fluctuations between two dates, which is essential for understanding market volatility.
Example of Fluctuation Endpoint
To utilize the Fluctuation Endpoint, you would construct a request 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=XRH
The response will provide insights into how the price of Rhodium has fluctuated over the specified period, including the start and end rates, as well as the percentage change.
Sample Response
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-08",
"end_date": "2025-11-15",
"base": "USD",
"rates": {
"XRH": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -0.000003,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}
This response provides a clear picture of how Rhodium prices have changed over the specified period, allowing developers to make informed decisions based on market trends.
Security and Best Practices
When integrating the Metals-API into your applications, it is essential to consider security best practices. Always ensure that your API key is kept confidential and not exposed in client-side code. Implement rate limiting and caching strategies to optimize performance and reduce unnecessary API calls. Additionally, consider using HTTPS for all API requests to ensure data security during transmission.
Conclusion
Accessing historical rates for Rhodium (XRH) via the Metals-API is a straightforward process that can significantly enhance your applications. By leveraging the various endpoints available, developers can retrieve real-time and historical data, analyze market trends, and make informed decisions. The API's capabilities empower developers to build next-generation applications that harness the power of real-time metals data.
For further exploration of the Metals-API and its features, be sure to check out the Metals-API Supported Symbols page for a comprehensive list of available metals and their specifications. Additionally, the Metals-API Documentation provides in-depth guidance on utilizing the API effectively. Embrace the future of metals trading with the transformative potential of real-time data integration!