Do you want to find and compare the best prices in different areas around the world for the metal that is trending in 2023? This post is for you, keep reading.
What To Say About Platinum?
If you are an investor or if you are just starting down this path, you will know that there is life beyond gold. At the moment of economic uncertainty, where prices do not stop rising, it is good to consider the option of investing in lesser known precious metals, such as platinum. Diversifying our investments is a good idea, according to Coininvest.
“It is a product to be taken into account thanks to its purity, brilliance and resistance,” says Daniel Marburger, director of Coininvest.
In this sense, he describes that “it also has a great value for its density, stability, it is key in the medical, autonomous, electronics, etc. sector. It is anti-allergenic, does not oxidize and is recognized in extreme climatic conditions”.
But above all, platinum is behind the hydrogen economy. It is technologies related to green hydrogen made from renewable electricity that are growing, so much so that it is estimated that it could meet up to 25% of the world’s energy needs and become a $10 trillion addressable market by 2050.
For all these reasons, platinum is clearly considerable in the long term.
Platinum In Medical Engineering
Stents, catheters, defibrillators, pacemakers… all these devices contain platinum.Like gold, it does not react to chemicals present in human tissues. But, unlike gold, it is much more resistant.
If there is one thing we can be sure of, it is that medicine and its advances will always be a priority.
Why Will Precious Metals Always Be a Good Investment?
The answer is the foolproof inflation protection that precious metals offer. They are not susceptible to inflation, their value is intrinsic and there is no credit risk. They are protected against any crisis and can no longer be issued.
What You Get With Metals-API?
APIs are a simplified means of connecting your own infrastructure through the development of cloud-native applications, but they also allow you to share your data with customers and other external users.
With this Metals API you will get real-time and easy to understand data.
Some of its features are precious metals exchange rates, currency conversions, time series data, volatility statistics and the lowest and highest prices on a given day.
How Does It Work?
It’s very simple.Actually here are the steps to follow:
- Create a profile.
- Create an API key.
- Choose the desired metal and currency.
- Make an API request and wait for the system to respond with an API.
Take a look here!
The Security Of Your Data Is Guaranteed
Banks and financial information providers, such as the European Central Bank, are where Metals-API gets its currency data from. A bank-grade 256-bit SSL encryption is used to encrypt your connection to the API.
In addition to this if you are interested in the evolution of the values of each metal, you will find detailed historical information in this API that can help you get a good overview.
Also published on Medium.