Looking for live and historical Silver prices in Canadian American Dollars? Read this text and learn how to do it.
Brief Introduction
It is a metallic chemical element (47 atomic number and Ag is its symbol) with a white and shiny color, very ductile and malleable. It is a very good conductor of heat and electricity, but unfortunately, it is scarce in the earth’s crust. In addition, it is resistant and does not rust. It is obtained thanks to by-products in the treatments of lead, gold, zinc and copper mines.
Anyway, silver has countless uses, such as wart treatments in medicine, deodorants, batteries, motors, glass, 3D printing, the automotive industry, photography, solar panels, coins, and of course, as an investment. Approximately 70% of the world’s silver production is used for industrial purposes and 30% – for monetary purposes.
However, if your goal is to see prices in CAD, it would be best to use an API. For that, we will use Metals-API:
How Does an API Work?
The precious metals prices application programming interface, or API, is a way for developers and financial services professionals to integrate precious metal prices into their websites, applications and other services.
An API (application programming interface) is a collection of rules that govern how computers and programs communicate with one another. APIs link an application with a web server, allowing data to be transferred between the two.
Many of them are accessible over the internet, albeit not all of them provide the same information. As a consequence, to avoid wasting your time with a bad encounter, you must use caution while making decisions. We highly advise you to utilize Metals-API, which is quickly becoming one of the most popular and comprehensive APIs for precious metal values. This software may provide you with a range of metals and currencies for use on your website.
Metals-API:
The Metals-API is capable of providing real-time precious metals rate data, thanks to its 10+ exchange rate data sources. There are several endpoints in the API, each of which has a different function. Getting the most recent exchange rate data for any or a particular group of currencies, translating sums from one currency to another, retrieving Time-Series data for one or more currencies, and asking the API for regular fluctuation data are all endpoint functionalities.
Steps to Use It:
Sign in to www.metals-API.com to acquire your API key.
On the site list, look for the Bronze symbol and your choice cryptocurrency symbol. There are more than 170 to choose from.
Using these symbols, add metal and currency to the list, then use the API. In addition, you have the option of using JSON, PHP, or Python. You may also choose between historical and spot prices.
The response will be provided through the site.
API.Metals.Live:
Metals is the mobile application for precious metals numismatists and stackers with emphasis on privacy. A collection built in this app only lives on the device. It is never backed up to any server. Users are therefore responsible for backing up their collection.
Metals app allows users to add their inventory and watch investment gain/loss in real-time when precious metals markets are open for trading. The app also allows various attribution to be added to inventory.
READ MORE:
Obtain Daily LCO Rates for Free with an API – TheStartupFounder.com