If you’re looking for the best software to get historical gold records for free, this is how to do it!
About Gold and Gold Records
Gold is historically one of the best valued metals in the world and in addition to its many industrial applications, it has been used for decades as an economic standard in world economies. Even today, it is widely used as an investment and as a financial refuge around the world, in the event of an economic crisis.
Its usefulness lies in a variety of special properties. Gold conducts electricity does not tarnish and is easier to work with. In fact, it can be drawn into wire, hammered into thin sheets, and cast into highly detailed shapes. In addition, it has a wonderful color and a brilliant shine, which makes it very suitable for jewelry making (more than 50% of the gold used today is destined for the jewelry industry).
Throughout history, the price of gold has increased significantly. To give you an idea, in the last 50 years its price has risen by more than 4000% and except in very rare cases, every year usually ends with a favorable average. For a Japanese investor or businessman, this is very important, since depending on how the market behaves, it will determine whether or not it is the best time to buy.
Metals-API
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, in order to avoid wasting your time with a bad encounter, you must use caution while making decisions.
As a consequence, we highly advise you to utilize Metals-API, which is quickly becoming one of the most popular and comprehensive APIs for precious gold records. This software may provide you with a range of metals and currencies for use on your website.
Start Metals-API
This software uses JSONP callbacks, a responding system that uses an accessible language to reply to your request and tell you whether the information you want is available or not. The answer will take up to an hour with a free subscription.
To send a request, you’ll need an API key to enter into the API base URL’s access key; this is how the metals-API API authenticates your key. It might look intricate, but it is not that hard.
Once you get the API key, you can request data in different world currencies and metal rates. In addition, depending on your subscription, you can demand historical data rates, data fluctuation between two certain dates, and other features.
READ MORE:
Use an API to Enter & Exit a Trade with Updated Metals Prices – TheStartupFounder.com
Also published on Medium.