Do you have a financial company? Do you need to compare or analyze the evolution of metal prices over time? Well, in that case, we are very sure that this metal prices API will help you get what you are looking for! If you want to get more info, just check this post!
Precious metals are a classification of metals that are considered rare and highly valued. A variety of factors drive up the value of precious metals, from their rarity, to supply and demand issues based on their industrial applications and use as investment conduits. They are frequently traded by both beginner and experienced traders. There are many benefits to investing in precious metals as they can be used to diversify a portfolio and hedge against inflation in times of economic uncertainty.
For financial companies, being up to date with the latest prices of precious metals is very important. They must be very knowledgeable about the current market and its changes. This will give them an advantage when it comes to investing and making decisions about where to put their money. Financial companies are often very risk-averse and carefully consider all options before making any decisions. This prudent approach helps protect your client’s money and ensures they don’t lose anything in the process.
In order to make decisions more accurately, it is best to use a tool that gives you the rates of precious metals. This tool should offer many features that benefit the company. And among so many options available, we believe that Metals – API is the most useful of all because it is the most complete service of all. Knowing all the functions offered by this system will be vital to use it. We will explain everything in the following paragraphs.
Metals – API is the best option for Finance Companies!
A financial company will surely want to obtain information from reliable sources. And if you are looking for reliable information, Metals – API is the right choice! Very famous companies in the world provide information to this platform. Some of these metal exchanges are The London Metal Exchange (LME), New York Mercantile Exchange (NYMEX – CME Group), Bombay Stock Exchange (BSE), and Dubai Gold & Commodities Exchange (DGCX), among many other options. With this quality of information, the security of your finance company will be protected.
You choose what to do with this information. You can create a chart and thus analyze the information over time. This last option is very useful since Metals – API offers historical information for the last few years. In this way, you could know what happened to the price of silver 4 years ago, for example. This kind of idea is highly recommended by investors because it allows them to analyze the market with greater precision and anticipate what may happen in the world of metals.
This platform offers its users very useful endpoints. Some of these are Time – Series Endpoint, Fluctuation Endpoint and many more. You just have to register and access an annual payment plan. There are no monthly payments, only annual payments. That is, you will only pay once a year. After that, in the dashboard, you will see the endpoints available to use. Each one with different characteristics. If you need, you will also find a list of symbols with many metals and many legal tenders like USD, Yen, Euro, Yuan, Etc.
Also published on Medium.