Do you want to start understanding a little about metal rates APIs? Here’s a comprehensive summary of how everything works, as well as some suggestions!
An API is a piece of software that collects certain data from a client’s request and a company’s database. In this three-way interaction, an API selects precise information from a client’s request and responds with a specific response. All of this is controlled by a computer that gathers data from numerous sources on the internet in order to deliver the required answer.
With precious metals APIs, you can find out what the cost of the metals is on a daily basis. It can also convert metal prices into a variety of international currencies. They mostly accept credit cards and have a security system in place to avoid account duplication and data theft.
This kind of software’s architecture makes it simple to get particular responses in a short amount of time. They use simple language to transmit information, such as temporary system failures or missing data. Because these APIs have special access, all searches are confidential. If the customer is in a difficult situation, they usually have support and assistance via chat or phone.
List of most reliable metal rates APIs
The API includes delivering exchange rates for 170 precious metals. You can also convert to single world currencies.
It offers fluctuation data between two specific dates and the lowest and highest price of any day. They collaborate with the London Metal Exchange (LME) and fifteen other trustworthy sources. You can utilize a free account with a maximum of 50 API calls and an average response time of one hour. Every day from 9 a.m. to 6 p.m., Metals-API offers chat help. They only take a couple of minutes to answer.
Metal Spot Prices are offered in USD, AUD, CAD, EUR, and 25 additional currencies via the API. Prices are also given in Troy ounces, grams, and carats.
You can test this API for free. Also, they have two packages: the Sandbox Plan is a free program. It has up to 500/requests monthly. In a 2-second update interval, everyday historical prices are also accessible. You can also choose the Unlimited Plan, which costs USD 49 per month and includes unlimited requests each month as well as daily historical pricing. Its customer operates 24 hours a day, seven days a week.
Kitco is an international metals trader and financial data supplier. This organization has had a global reputation as a top precious metals trader and provider of metals market data since 1977. Their expertise with gold, silver, platinum, palladium, and rhodium has earned them international acclaim.
Kitco offers a support service that is available 24 hours a day, seven days a week. They also offer direct home delivery for further convenience.
Also published on Medium.