Commodities API: Real-Time Data for Traders

Table of Contents

• Introduction
• What Are Commodities?
• What Affects Commodity Prices?
• Accessing Commodity Data
• Benefits of Using a Commodities API
• API Example
• How to Get Started?

Introduction

Access real-time commodity prices with FinanceFlowAPI, a powerful Commodities API for traders, analysts, and developers. Track gold, oil, wheat, and more to make informed decisions in the global market.

What Are Commodities and Why Are They Important?

Commodities are raw materials traded on global markets. They fall into two main categories:

• Agricultural products: wheat, corn, soybeans, coffee, sugar, cocoa, rice, milk.
• Industrial and energy resources: gold, silver, crude oil, natural gas, aluminum, copper, steel, coal.

Commodity prices impact the economy, stock markets, and inflation, making them crucial for traders, analysts, and businesses. Learn more about related financial data in our Financial Data API Guide.

What Affects Commodity Prices?

• Supply and demand: A shortage of resources (e.g., lithium for batteries) drives prices up.
• Geopolitical factors: Sanctions, conflicts, or trade restrictions affect oil markets (Brent, crude oil, Urals oil).
• Weather conditions: Droughts or hurricanes can reduce wheat, corn, or coffee yields.
• Production costs: Rising extraction costs for metals (copper, nickel, zinc, aluminum) impact final prices.
• Financial markets: Currency fluctuations and inflation influence prices of gold and silver. See how bonds relate in our Government Bonds page.

Where to Get Up-to-Date Commodity Data?

FinanceFlowAPI provides real-time prices for over 80 commodities, including:

Benefits of Using a Commodities API

• Automation: Retrieve commodity data without manual searching.
• Accuracy: Real-time market prices with minimal delay.
• Flexibility: API access allows seamless integration into trading systems, analytics platforms, and web applications. Start with our Free Commodity API.

API Example: Fetching Commodity Data

Endpoint: /commodity-spot

This endpoint retrieves the latest price of a specific commodity.

Request Example:

GET https://financeflowapi.com/api/v1/commodity-spot?api_key=YOUR_API_KEY&name=Gold

Response Example:

{
    "success": true,
    "code": 200,
    "message": "OK",
    "meta": {
        "timestamp": 1740775729,
        "request_id": "67c221313880a"
    },
    "data": {
        "commodity_name": "gold",
        "current_price": 2650.75,
        "daily_change": "10.20",
        "daily_change_percent": "0.39%",
        "weekly_change_percent": "1.25%",
        "monthly_change_percent": "5.67%",
        "ytd_change_percent": "28.45%",
        "yearly_change_percent": "30.12%",
        "last_updated": "2025-06-04"
    }
}

Python Example:

import requests

API_KEY = 'your_api_key_here'
url = f'https://financeflowapi.com/api/v1/commodity-spot?api_key={API_KEY}&name=Gold'

response = requests.get(url)
data = response.json()

print(data)

How to Get Started?

1. Sign up for FinanceFlowAPI.
2. Choose a subscription plan (free plan with 20 requests/min or premium for high-volume data).
3. Integrate the API and track commodity prices in real-time. See our Financial Data API Guide for detailed instructions.