Are you looking for a way to get LME lead live prices? Then use an API!
One of the most essential metals on the world is lead. Batteries and shields that surround particle accelerators are made of this metal. The physical qualities of lead make it an excellent metal for making bullets.
The demand for this metal is expected to increase in the future. According to a study, the lead will rise by 5.5 percent to 12.39 million tonnes. As a result, keep up with the market and don’t miss out on the chance to benefit by deciding which alternative is ideal for you.
If you want to keep up to date on metal prices, the best technology is an Application Programming Interface (API). With this API, you can obtain data from different sources, one of them is the London Metal Market (LME), the world’s largest exchange for industrial metals.
How Does An API Work?
APIs are a set of rules that specify how computers, applications, and machines can connect with one another. The API functions as a go-between for any two machines that need to communicate for a certain task.
An API acts as a middleman between you and the service provider, sending your request and receiving the response. APIs have become a crucial component of the Internet. Even if it’s a personal program, you’ll almost certainly need one to operate it or use some of its features.
Nowadays, it is a difficult task to find a software, application, or website that provides data in real-time. That’s why we recommend using Metals-API as the most comprehensive method for obtaining historical LME Lead prices.
Follow these steps to obtain live rates:
- Get your API key from www.metals-API.com.
- In the website’s list, look for the lead symbol and currency sign you want to use.
- Use these symbols to add metal and money to the list, then make the API call.
- You can also choose between JSON and PHP as a programming language.
The request will look something like this:
{
"success": true,
"timestamp": 1519296206,
"base": "LME-LEAD",
"date": "2018-09-10",
"rates": {
"GBP": 0.72007,
"JPY": 107.346001,
"EUR": 0.813399,
}
}
About Metals-API
The most complete tool for investors, traders, and anyone else interested in buying, selling, or trading metals since it allows you to find current global market prices for any metal fast and conveniently (including lead and gold). Besides, Metals-API gets data from over 15 reliable data sources per minute. Among them are banks and financial data providers. As a result, your cost will be quite precise.
Metals-API has a dedicated search-engine for discovering up-to-date price data feeds on certain elements or combinations of elements. The API, which is available in JSON and PHP, can be used for a variety of programming tasks.
Also published on Medium.