Are you seeking an API that can provide you with copper prices in USD? This article is for you!
Copper is a malleable, ductile metal with good thermal and electrical conductivity. The color of newly exposed pure copper is pinkish-orange. Copper is utilized as a heat and electricity conductor, a building material, and a component of a variety of metal alloys, including sterling silver for jewelry, cupronickel for nautical gear and currency, and constantan for strain gauges and temperature monitoring thermocouples.
This is a very volatile market that fluctuates from week to week. Copper futures fell to a one-week low of $4.4 a pound in the first month of 2022, dragged down by rising stocks and demand concerns from key client China, mostly due to a slowdown in the building market. Copper stockpiles in LME-registered warehouses grew by 6,550 tonnes to 92,850 tonnes, assuaging fears of tighter LME supply.
As you can see, this is a very active market. We strongly encourage you to utilize an API, which is an interface that receives data from a location and provides it to the requester, if you are seeking copper prices in US dollars.
You’ll need to discover an appropriate piece of software to do so to utilize one. On the internet, there are a lot of them, each of which may provide you with unique information. This is why, to avoid wasting your time with a lousy meeting, you must pick intelligently.
To obtain copper prices in USD, we recommend using Metals-API, one of the most widely used and comprehensive APIs for precious metals pricing. You may use interactive tools to follow precious metal spot prices and metal charts, as well as see real-time metal prices and quotations from across the world.
Why Metals-API?
Every 60 seconds, it is updated with a 0.2 decimal difference. It is available in many metals. It is capable of communicating with a variety of devices, including phones and laptops.
It gathers metal pricing data from some of the most well-known financial organizations and banks throughout the world. Commercial sources are given more weight since they better represent market exchange rates, especially for important currencies and items.
Joining Metals-API is simple:
- Go to www.metals-API.com to get an API key.
- Choose metal (XCU) and currency as your working supplies.
- Add metal and currency to your list before connecting to the API with these symbols. There are some programming languages to choose from, as well as a range of prices. (PHP; JSON)
- You must hit the “run” button to fulfill the objective.
On your screen, the API should appear like this:
{
"success": true,
"timestamp": 1519296206,
"base": "XCU",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}