Do you agree that it is uncomfortable to see the price of palladium in a currency foreign to your country? If your answer is positive, we recommend using this API.
It is a rare transition metal that has a similarity to Platinum, so it is possible to confuse them. The element Palladium is ductile, soft, malleable, silvery white, rare in the earth’s crust and resistant to corrosion. The symbol for Palladium (“Pd” on the periodic table) is an abbreviation for the Latin word palladium.
Palladium has many uses such as: in automobiles, in the oil industry, electronics, photography, jewelry, hydrogen purification, aircraft spark plugs, watches, surgery and orthodontics, medicine, and of course, as an investment mechanism. In fact, right now it is 16% more expensive than gold, but its current price is far from its historical highs.
However, currently palladium is going through a huge crisis with its price, as it fell by 47% in the last 30 days. This is very serious for investors but good news for those industries in Indonesia that need palladium. We know this because we are up to date with its price, thanks to the Metals-API service.
Why should you use Metals-API?
Metals-API is an easy and intuitive API, which offers you the possibility to see the international prices of various metals such as palladium in your case. But not only this, as we mentioned at the beginning, we know that it is often uncomfortable to see prices in other currencies, especially when we are not very informed with the conversions between currencies. Fortunately, Metals-API does the conversions automatically and you will be able to see palladium rates in In Indonesian Rupiah.
How to use it? Does it have any cost?
You need to do the following to get palladium prices:
1- Go to the website www.metals-API.com and get the API key.
2- Register and select one of the 7 available plans, 1 is free and the rest are paid.
3- Subsequently, you will see a list of symbols for the metals and currency you want. Choose palladium and Indonesian Rupiah.
4- When you finish, make the API call and you will get the updated prices in your currency.
When it comes to coding languages, you have the option of using JSON or PHP.
