If you want to know the historical rates of Nickel, you should read this article because we have the best API for you.
The majority of nickel is used in alloying elements, coatings, batteries, and a wide range of other applications such as kitchenware, mobile phones, medical equipment, transportation, buildings, power generation, and jewelry. While it’s more popular to use it in coins and jewelry, it can often be the difference between the success and failure of your project.
The nickel market is on the rise. This metal is in high demand around the world, and its price is expected to rise in the coming months. Indonesia, for example, is one of the countries that produced a lot of nickel. As a result, you should keep up with the market and don’t pass up opportunities to earn money by determining which decision is best for you.
To obtain historical rates, you should use an Application Programming Interface because this technology collects accurate data from different sources such as the London Metal Exchange (LME) the world’s largest exchange for industrial metals. With this technology, you will be able to know the best time to invest in this industry.
However, not all software supports historical rates, and getting hold of this technology can be difficult. As a result, we recommend Metals-API, the most comprehensive method of obtaining LME Nickel rates.
Follow these steps to obtain LME Nickel historical rates:
- Obtain your API key from www.metals-API.com.
- Search the website’s list for the LME Nickel (LME-NI) symbol and currency sign you want to use.
- Make the API call after adding metal and money to the list with these symbols. You can use JSON or PHP as a programming language.
- The historical rates of most currencies can be traced all the way back to 2019. You can query the Metals-API for historical rates by appending a date (format YYYY-MM-DD) to the basic URL.
The following format should be used to write the request:
https://metals-api.com/api/2013-12-24 ? access_key = API_KEY & base = LME-NI & symbols = USD,CAD,EUR
As a result, the end result is as follows:
{
"success": true,
"historical": true,
"date": "2013-12-24",
"timestamp": 1387929599,
"base": "LME-NI",
"rates": {
"USD": 1.636492,
"EUR": 1.196476,
"CAD": 1.739516
}
}
About Metals-API
Investors, traders, and anyone else that is in the market to buy, sell, or trade metals will be delighted by Metals-API. This software provides a quick and easy way to find current global market prices on any metal of your choice (including nickel and silver).
Metals-API includes a search engine designed specifically for locating up-to-the-minute price data feeds on specific elements or combinations of elements. The API comes in JSON or PHP formats, so it can be used for many different programming applications.
Also published on Medium.