Ancient and widely used, this resistant metal has been discovered, named, and used by the Romans.
Lead
It’s soft, has a low melting point, is easy to mold, and doesn’t corrode easily, all of which makes it quite valuable. It’s also plentiful and simple to extract.
Lead is classified as a transition metal or a basic metal. When freshly cut, it is a shining blue-white metal, but it oxidizes to a dull gray in the air. Moreover, when melted, it turns into a bright chrome silver.
Nevertheless, while lead, like many other metals, is dense, ductile, and malleable, several of its qualities are not what one would consider ‘’metallic’’.
Uses
- It’s a corrosion-resistant metal that’s been used in paints and pipes since the Roman era.
- It’s a common component in vehicle batteries and a key component of lead-acid batteries.
- For soldering electrical equipment parts.
- In electrolysis procedures, as electrodes.
Investment
Optimistic lead investors anticipate that supply and demand factors will drive lead prices upward in the future years. Despite lead is considered a higher-risk commodity than other commodities, it might still be worth the money and effort.
To sum up, if you’re tracking lead real-time and historical rates, the best way to get them is through an API
Metals-API
Metals-API collects market data prices from a variety of trade sources and organizations throughout the world in a variety of forms and frequencies. Commercial sources are also chosen since they better reflect market exchange rates, particularly for large currencies and commodities.
Accuracy
For example, in order to achieve the best level of coverage and accuracy, the system gives a unique priority to each data source.
Also, this helps to avoid inconsistencies and gives accurate spot conversion rates for the great majority of currencies to six decimal places.
Attributes
- Use a solid metals pricing API trusted by hundreds of industry firms to get institutional-quality real-time precious metal values via an incredibly simple API.
- Gold, silver, and other metals’ real-time prices may be easily integrated into spreadsheets, websites, mobile apps, and other commercial applications.
- Reduce the amount of time it takes for apps that rely on precious metal prices to reach the market.
- Using cloud APIs, you might be able to manage the challenges and complications of legacy feeds.
Pros
- Real-time periodicity, history, and a tick-by-tock API
- Precious and base metals pricing in real-time
- The prices of platinum group metals and base metals are constantly updated.
- Graphs of API usage in the past and current.
- Gold, silver, palladium, and platinum spot and expected prices throughout history
Also published on Medium.