Is there any chance of getting reliable gold data? On the internet, you will find everything, true information, and false information. Therefore, it is up to us to filter the answers and give you only the correct information. Luckily, we have the best gold price API. Test this API!
Throughout human history, gold has been valued as a precious metal. This is as a result of its durability, aesthetic appeal, rarity, and ease of use. In reality, several gold masks, statues, coins, and precious stones were discovered during the excavation of the pharaohs’ tombs in Egypt. It remains the most well-known metal in existence today; for instance, the top athletes are recognized with it during the Olympic Games. It is clear that gold has symbolism of “the best metal”, the metal that is only given to the best of all. A symbol that explains why gold is so famous.
About 75 percent of the world’s gold production is used in jewelry because of its unrivaled beauty. 10-15% of it is used in industrial applications, particularly in electronics. The remaining funds are allocated to the government and private citizens’ reserves, coinage, investment, and medical and dental work. Gold is often used as an article of beauty, to highlight things, and above all, to revalue objects. For example, an iPhone 14 will lose its value over the years, but imagine an iPhone 14 plated in gold. Its value would be maintained and increased just by being made of gold!
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Gold’s price has been continuously rising for several decades, with a few very minor dips here and there. Its price has increased by 550% over the past 20 years, which explains why so many people utilize it as an investment or savings. If you want to get involved in the world of gold, the best thing you could do is to use Metals-API. This precious metals API will give you reliable information!
Any way to get reliable gold values? Yes! Use Metals-API!
In case you were unaware, Metals-API is the world’s most used metal pricing API. And there are a number of causes behind this. To ensure complete dependability of the material, its sources of information must first be emphasized. The New York Mercantile Exchange (NYMEX) and the London Metal Exchanges, two of the most well-known metals exchanges in the world, work with this technology (LME). Other sources include the Bombay Stock Exchange (BSE), Chicago Board of Trade (CBOT), and CME Group (CME). Platinum prices are updated every 60 seconds and are supplied to two decimal places. Gold exchange rates, time series data feedback, fluctuation data (19 years of historical data), and the lowest and highest price of any day are just a few of the capabilities. With what we told you, we already solved your reliability problem. It is 100% sure that Metals-API information is trustworthy!
But there are also other interesting features to highlight. We do not know what country you are from, but this should not be a problem for Metals-API. Did you know that it supports more than 170 legal tenders from all over the world? This means that if you are from India, you will be able to see gold prices in Indian rupees! It is an incredible opportunity that you cannot miss!
Getting reliable gold values has never been so easy thanks to Metals-API!
Also published on Medium.