Would you like to have the opportunity to acquire the prices of the metal called silver? Would you like to acquire them through the use of an API? Well, we have great news for you! Using this wonderful silver prices API, you will be able to do it! Let us tell you everything you need to know.
Chemically speaking, silver is a member of the transition metal family. It is distinguished by its stark white or grayish color. The Latin word Argentum, which means “bright,” is where the sign for silver, Ag, is derived. It is a metal with high conductivity in both electrical and thermal directions, making it potentially helpful in electrical applications. However, the hefty cost makes it unprofitable.
Making integrated circuits for computers, silver iodide (used as an antiseptic and in the photographic industry), jewelry and other utilitarian items, silver nitrate mixes for medicines, and coin and medal production are just a few of the many uses for silver. All of this information demonstrates how important this mineral is too numerous global sectors. Usually, most events award a silver medal for second place. Although silver can hardly surpass gold in beauty and value, it is undeniable that it is a very valuable precious metal.
Keeping up with the most recent prices is crucial whether you own a business or want to invest in this precious metal. For instance, the price of silver increased by 10% over the previous five years, but it fell by 15.87% in the first nine months of 2022. Being a metal that affects millions of people worldwide, we are unable to keep up with the most recent pricing. For these reasons, it is essential to use the system called Metals-API!
Get silver prices by using Metals-API!
The fastest and most comprehensive service available is Metals-API. This is because of its quickness, dynamic interface, and ease of use (prices in real-time, with a precision of 2 decimal places and a frequency of up to every 60 seconds). It is actually the most reliable API for finding silver prices. The London Metal Exchange (LME), CME Group, the London Bullion Market Association (LMBA), and other renowned metal exchanges throughout the world are some of the information sources used to gather data on silver.
Even the silver prices are displayed in your local legal tender. This means that a Canadian will not have to use a calculator to convert US dollars to Canadian dollars, the Metals-API system itself will do this job.
Its price is another intriguing factor. There are 2 choices: buy the no-cost plan or pay for a yearly (not monthly) plan. For those who have little needs, the uncharged option is advised. But actually, we advise getting the premium plans if these restrictions are a problem for you. There are 8 plans—7 paid and 1 no-cost—and descriptions of how they differ under the “pricing” section. Examine thoroughly. The best thing is to take full advantage of the capabilities of Metals-API. Interestingly, the “silver” plan (just like the metal you are looking for) offers this incredible offer. Paying 800 USD per year, you can get 10,000 API calls per month and 60 seconds updates. It is an unmissable offer to get silver prices.
Metals-API, the best option for any investor who wants to get silver rates!
Also published on Medium.