Would you like to receive platinum prices in the local currency of Kuwait? If your answer is yes, you should continue reading this post.
Platinum is a chemical element that does not have an abundant presence on our planet. This metal has a silvery hue and can be found in alloys, integrated into some minerals or in the form of grains. Its malleability, its ductility, its resistance to corrosion and its melting at very high temperatures are some of its characteristics.
It has a multiplicity of uses. For example: in motor vehicles, platinum works as a catalyst, allowing the conversion of polluting gas emissions into less harmful ones. Also, it is important in the production of fertilizers, oil refining, jewelry (especially for its purity), fiber optic cables and hard drives, among other things. Even as a drug against certain types of cancer!
If you are from Kuwait and you have an industry that requires platinum, surely you want to be alert to the prices of this metal; especially considering that last year its price fell by 9.99%. Although Kuwait is a country with 4 million inhabitants, it has the most expensive currency in the world (1 dinar = 3.29 USD). Therefore, it is necessary to be able to see the prices in local currency and not in euros or dollars, thus avoiding problems with conversions.
In order to see platinum prices with fast updates, it would be best to use the Metals-API.
What is Metals-API?
The Metals-API is competent of conveying real-time valuable metals information through API at an exactness of 2 decimal focuses and a recurrence as tall as each 60 seconds. The APIs include precious metals exchange rates, currency conversion, time-series data, volatility data, and the lowest and highest prices of the day. Exchange rate data delivered by the Metals-API is collected from over 15 reliable data sources. By the way, it supports a broad range of programming languages.
To obtain it, follow the steps below:
1- You must generate your API key at www.metals-API.com. But first, select any available plan.
2- In the website’s list, look for the platinum symbol and currency sign you wish to use (Kuwaiti dinar).
3- Make an API call.
Remember that, you can use JSON, Python, or PHP as a programming language.
Also published on Medium.