Check these APIs To Get Silver Prices

Are you looking for any API to check silver prices? Here in this article, we will leave you some of the best alternatives.

Silver is a chemical element that belongs to the transition metals group. It’s distinguished by its dazzling white or grayish color. Because it is a metal with excellent electrical and thermal conductivity, it may find usage in electrical applications. Also, Silver is very ductile and malleable, being surpassed only by gold and perhaps by platinum: it can be drawn into very fine threads and rolled into sheets. However, its enormous cost prohibits it from becoming profitable.

Silver exploitation currently reaches 23,800 metric tons per year, and its largest exporters are Mexico and Peru (with 1/3 of world production). It has endless uses: mirrors, photographic processes, coinage, cutlery, jewelry, dentistry, medicine, chemical and food processing machinery, electrical conductors, etc.

But silver not only has industrial uses, but also plays a role for those investors or savers, people who invest in silver to obtain benefits in the future. It is a metal that does not stop growing, only this year it grew by 8.61%. But this too, is bad for those people with industries that require silver. This is why it is important to stay updated with the latest prices to know when to buy and when not.

For this reason, here we will leave you 3 of the best APIs to check metal prices.

1 – Metals-API

Metals-API is a simple and lightweight API for current and historical precious metals rates. It allows you to get up-to-date prices for many metals, including gold, bronze, platinum, and of course, silver. Don’t worry about your country of origin, Metals-API has in the system more than 170 currencies worldwide, which allows you to convert between currencies automatically. Information is provided by 16 trusted sources such as London Metal Exchange, Barrick Gold, Glencore, Mansour, etc.

2 – Kitco

Kitco was the first precious metals firm to offer real-time market data, news, research, and online precious metals services to investors. Today, it serves clients in more than 80 countries with media platforms that deliver market data and news to a global audience of millions. Its sources of information are made up of important international companies such as HSBC, Trade Wind or The Royal Canadian Monnaie Royale.

3 – Gold API

Live metal prices are available in USD, AUD, CAD, EUR and 25 other currencies. Unlike its competitors, it only provides gold and silver prices. With Gold API, you can get prices in Troy Ounces, Grams and Karats (24, 22, 21, 20, 18) Purity Grade. Their service has 2 plans, one free (up to 500/reqs per Month) and another for $49 per month (Unlimited/reqs per Month).

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Also published on Medium.