Track Cobalt (LCO) prices using this API

Track Cobalt (LCO) Prices Using This API

In the ever-evolving landscape of metal markets, tracking the prices of essential metals like cobalt (LCO) has become increasingly important for developers and businesses alike. With the rise of digital transformation and technological innovation, the ability to access real-time data through APIs has revolutionized how we interact with market information. The Metals-API offers a comprehensive solution for tracking cobalt prices and other metals, providing developers with the tools they need to build next-generation applications.

Metals-API Information

About Cobalt (LCO)

Cobalt is a critical metal used in various applications, particularly in the production of batteries for electric vehicles and portable electronics. As the demand for sustainable energy solutions grows, the importance of cobalt in the global market continues to rise. The digital transformation in metal markets has enabled more efficient tracking and analysis of cobalt prices, allowing stakeholders to make informed decisions based on real-time data.

Technological advancements in data analytics and insights have paved the way for smarter technology integration in the metal industry. By leveraging APIs like Metals-API, developers can access a wealth of information about cobalt prices, historical trends, and market fluctuations. This capability not only enhances decision-making but also opens up new possibilities for innovation in product development and market strategies.

API Description

The Metals-API is designed to provide developers with real-time metals data, empowering them to create applications that can track prices, analyze trends, and convert currencies seamlessly. With its robust architecture, the API supports a variety of endpoints that cater to different needs, from retrieving the latest rates to accessing historical data.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This ensures that developers have access to the most current information, which is crucial for making timely decisions in the fast-paced metal markets.

Moreover, the API's capabilities extend beyond just price tracking. It offers endpoints for historical rates, bid and ask prices, currency conversion, and even fluctuation tracking. This comprehensive suite of features allows developers to build applications that can analyze market trends, forecast price movements, and provide valuable insights to users.

Key Features and Endpoints

The Metals-API provides a variety of endpoints that cater to different functionalities, each designed to enhance the user experience and provide valuable data. Here are some of the key features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data for cobalt and other metals, updated every 60 minutes or more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
Historical Rates Endpoint: Access historical rates for cobalt dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
Bid And Ask Endpoint: This powerful feature allows developers to retrieve real-time bid and ask prices for cobalt, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The 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 businesses operating in multiple currencies.
Time-Series Endpoint: Developers can query the API for daily historical rates between two chosen dates, allowing for comprehensive analysis of price movements over time.
Fluctuation Endpoint: This endpoint provides information about how cobalt prices fluctuate on a day-to-day basis, helping users understand market volatility.
Carat Endpoint: For those interested in gold rates, this endpoint retrieves information about gold prices by carat, showcasing the API's versatility.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for cobalt over a specified period, aiding in market analysis.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for cobalt, offering a comprehensive view of market performance.
Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, which is crucial for understanding long-term market trends.
API Key: Each user is assigned a unique API key that must be included in requests, ensuring secure access to the API's features.
API Response: The API returns exchange rates relative to USD by default, with all data structured in a user-friendly JSON format.
Available Endpoints: The Metals-API offers a constantly updated list of available endpoints, ensuring developers have access to the latest features.
Supported Symbols Endpoint: This endpoint returns all available metal symbols, allowing developers to easily identify and use the correct symbols in their applications.
Gold Price India Endpoint: Retrieve the latest gold price in India using this dedicated endpoint, showcasing the API's focus on regional markets.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for developers. Below are examples of JSON responses for various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1749906011,
    "base": "USD",
    "date": "2025-06-14",
    "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, including cobalt.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1749819611,
    "base": "USD",
    "date": "2025-06-13",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to access historical rates for specific dates, allowing for detailed analysis of price trends.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-07",
    "end_date": "2025-06-14",
    "base": "USD",
    "rates": {
        "2025-06-07": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-09": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-14": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates between specified dates, allowing for comprehensive trend analysis.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1749906011,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The convert endpoint allows users to convert amounts between different metals or currencies, providing flexibility in financial calculations.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-07",
    "end_date": "2025-06-14",
    "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 tracks fluctuations in prices over a specified period, providing insights into market volatility.

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

{
    "success": true,
    "timestamp": 1749906011,
    "base": "USD",
    "date": "2025-06-14",
    "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 endpoint provides a detailed view of market performance, allowing developers to analyze price movements effectively.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1749906011,
    "base": "USD",
    "date": "2025-06-14",
    "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, which are essential for understanding market dynamics and making informed trading decisions.

Conclusion

In conclusion, the Metals-API offers a powerful and comprehensive solution for tracking cobalt prices and other metals. With its extensive range of endpoints and real-time data capabilities, developers can create applications that not only track prices but also analyze trends, convert currencies, and provide valuable insights into market fluctuations. The integration of smart technology and data analytics into the metal markets is paving the way for innovative solutions that can transform how businesses operate.

As the demand for cobalt continues to grow, leveraging the capabilities of the Metals-API will be crucial for businesses looking to stay ahead in this competitive landscape. For more information on the API's features and to explore the full range of supported symbols, visit the Metals-API Documentation and the Metals-API Supported Symbols page.

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Track Cobalt (LCO) prices using this API