Learn about the best APIs to have access to the precious metals data feed for free!
Metals are natural substances and the oldest materials used by human societies. The world has grown very much in the last 100 years thanks to metals, and their importance is still increasing. Most of the remarkable discoveries, inventions, and social changes in recent centuries have been driven and enabled by developments in metals technology.
The industrial sector is the most important consumer group for metals, especially for steels, aluminium, copper and zinc. Industrial customers use metals either in their primary form (for example as rolled steel or aluminium plates used in machinery and equipment building) or as processed products (for example pipes made from steel or aluminium wire ).
Taking into account the importance of the metal market in the world, you should be aware that there are several APIs for precious metals rates that you may use. However, not all of them function in the same manner, so you should be cautious about which one you select to avoid wasting time and money.
To assist you, we have compiled the best 2 alternatives and competitors for rates API:
1. Metals-API
Metals-API is a piece of software that gives reliable and up-to-date information on any precious metal in any currency. The free plan’s data is refreshed every hour and has a two-decimal point accuracy. In this case, you will also receive 50 API calls every month. When you buy an annual package, you will get more API calls and data per minute.
Every minute, our platform pulls data from over 15 credible data sources. Banks and financial data providers are among them. As a result, you will receive incredibly precise pricing. Metals-API.com offers current market prices for precious metals such as gold, silver, aluminum, platinum, and palladium.
2. Finicity’s
Finicity’s open banking platform makes it simple to integrate your clients’ financial data to your app or service. Finicity’s open banking platform is utilized by some of the world’s largest and most inventive enterprises to provide better financial experiences to their clients.
The quality of their data is critical to your experience. The data has been combat tested in the most demanding markets. For top API coverage of banks, credit unions, payroll providers, and other financial services, easily code to endpoints, test data, and connect to Finicity’s open banking platform. This API suite makes it simple to get the data you need to fuel your products.
READ MORE:
Get Hourly XCU Prices in USD with an API for Free – TheStartupFounder.com
Also published on Medium.