Would you love to find an API to check live precious metal prices? Well, here you will find the answer to your problems! It is an impressive digital tool that will surely help you with your problems. In fact, it is the best precious metals API.
Precious metals are those metals that are found directly in their pure state (ore), that is, they are not found combined with other metals, and that also have a high economic value because they are rare (rare in abundance). For example, gold is found in the form of nuggets directly and is rare in nature. In jewelry, gold, platinum, and silver are considered precious metals, in that order by their economic value. They are used in jewelry not only because of their rarity but also because of their attractiveness. But in addition to these, Palladium and Rhodium are also considered precious metals. The latter, being a very rare metal to find, is currently the most expensive metal, even trading above gold.
These last two metals are used in the automobile industry and are of great value, and are even more expensive than those used in jewelry. Palladium is used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and of course, jewelry. It plays a key role in the technology used for fuel cells, which combine hydrogen and oxygen to produce electricity, heat, and water. Gold in turn, in addition to being used in jewelry, is also used, in small quantities, for mobile phones, computers, and other electronic devices.
If you are looking for an API to view live precious metal rates, there are many ways. But, without a doubt, the best is Metals-API. Although this system is one of the newer ones, it quickly began to gain customers and became the most widely used precious metals API on the market.
Use Metals-API!
As its name indicates, Metals-API is an API (Application Programming Interfaces) and its objective is to facilitate the exchange of information between two independent software components. In this way, investors, traders, and anyone else interested in buying, selling, or exchanging precious metals will be able to see live prices or rates. No matter what the metal, gold, silver, rhodium, platinum, or palladium, everything is included. As for the sources of information, it comes from prestigious companies such as the London Metal Exchange.
How to use Metals-API?
To get live rates for accurate metals, we recommend you read this:
1. First you need to go to www.metals-API.com and at the top right you will find “get API key”. Click there.
2. Then on the main screen, you will find the option to sign up and choose a plan. In total, there are 7 plans (one of them is free and the rest are paid). If you choose a paid plan, we recommend that you read the differences between each one carefully and thus choose the best one for you.
3. After this, select the precious metal you want and the currency of your country.
4. When you are done with all of the above, make the API call.
5. As a programming language, you can choose between JSON and PHP.
Also published on Medium.