Are you looking for Molybdenum historical rates? Stay reading to know the best tools!
Molybdenum is a silvery-white metal that is both ductile and corrosion-resistant. Its melting point is one of the highest among all pure elements. Molybdenum is a transition metal that readily forms compounds with other elements. Although molybdenum makes up 1.2 parts per million (ppm) of the Earth’s crust by weight, it is not found naturally free.
The United States, China, Chile, and Peru are the main producers of molybdenum. The annual global output is estimated to be over 200,000 tons.
Uses:
- In military armor.
- Aviation equipment.
- Electrical connections.
- Industrial motors.
- Filament supports in light bulbs use molybdenum because it can withstand high temperatures without expanding or softening.
- As a fertilizer, some plants require molybdenum powder.
Historical rates are necessary to select the optimal time to invest. It allows you to observe the pricing in different times and compare the variations and the best scenarios for investments. The best tool for obtaining historical rates of molybdenum prices is an API, which is an interface for getting data from a location and sending it to the person who requested it. It’s that easy, and you’ll find yourself employing it in a variety of situations. Metals-API is our recommendation for this goal.
How to get it:
It’s pretty easy to sign up:
1. Sign up for your unique API key at www.metals-API.com.
2. On the website’s list, look for the Molybdenum symbol (MO) and the currency sign you want to use.
3. Using these symbols, add metal and currency to the list, then perform the API call. You may also select a programming language and different sorts of rates.
4. Most currencies’ historical rates are accessible all the way back to 2019. By attaching a date (format YYYY-MM-DD) to the basic URL, you may query the Metals-API API for historical rates.
The request will show something like this:
https://metals-api.com/api/2013-12-24 ? access_key = API_KEY & base = GBP & symbols = USD,CAD,EUR
An this is the response:
{
"success": true,
"historical": true,
"date": "2013-12-24",
"timestamp": 1387929599,
"base": "MO",
"rates": {
"USD": 1.636492,
"EUR": 1.196476,
"CAD": 1.739516
}
}
Why Metals-API?
Metals-API is one of the most accurate and dependable API tools on the market. This receives data every minute from over 15 credible data sources. It collects information from the most important banks and financial institutions. As a result, your cost will be quite accurate. Molybdenum, gold, silver, and other metals’ hourly prices may be easily integrated into spreadsheets, websites, mobile apps, and other commercial applications.
Over 170 different currencies, commodities, and cryptocurrencies, including Bitcoin and Litecoin, are accepted. Using the same API methods, any quantity may be translated from one currency to another, as well as from one metal to another.
The API is defined in JSON API, or JavaScript Object Notation, which eliminates the requirement for each application to write its ad-hoc code to connect to servers that communicate in a certain way.