Would you like to find out how to get silver rates? Well get ready, in this article, you will discover how to do it. This is an amazing API that will surely help you. It is the best precious metals API.
Silver is an element that we find in the Periodic Table with the atomic number 47. It has an atomic mass of 107. It belongs to group 11, period 5 and block d, which makes it a transition metal. The silver symbol “Ag” comes from the Latin Argentum, the name of the metal in that language. It occupies the 63rd place in the order of abundance, with concentrations between 0.01 and 0.1ppm; It can be found natively or in alloys with other metals, mainly mineralogical species such as argentite, and cerargyrite, etc.
It is considered a noble metal, that is, it does not react chemically with other elements. In addition, it is malleable, with a great shine and a beautiful color, which makes it highly valued for jewelry or as an investment. But most of the silver mined globally is used for industrial purposes, as it is resistant to corrosion and oxidation. Also, it can be flattened to form fine sheets and drawn into very thin wires as it has excellent malleability. Due to its great conductivity, it is used in the electronics and electrical industry; Thanks to its sensitivity to light, it is used in photography as a developer.
It is also used in alloys for dental pieces and, as it has antimicrobial properties and is non-toxic, it is widely used in the field of medicine. Despite being a widely used metal, its current market price is falling. In the last 365 days, its price fell by 20.90%. Due to the volatility in recent months, it is essential to use a tool that serves as an alarm. And in this case, Metals-API will be that API.
Use Metals-API!
As its name explains (Metals-API), this service is an API (Application Programming Interfaces). An API acts as an intermediary between the internal and external functions of the software, creating such an easy exchange of information that it often goes unnoticed by the end user. In short, this API will help you get precious metal rates (like silver in your case) quickly and easily. Thanks to this platform, thousands of investors, traders and anyone else interested in buying, selling or exchanging metals can receive prices instantly.
But not only can you see silver, but also metals such as gold, platinum, lithium, aluminum, copper. And don’t worry about the information as it is 100% accurate. Commodity exchanges such as the London Metal Exchange (LME), the London Bullion Market Association (LMBA) and the New York Mercantile Exchange (NYMEX), are some of its sources.
How to use Metals-API?
1. First, you need to go to www.metals-API.com and at the top right you will find “get API key”.
2. Then on the main screen you will find the option to register and choose a plan. There are 7 in total, one of them is free and the rest are paid. The prices are adapted according to the needs of each company, from 10 dollars to 1,200 dollars per year.
3. After this select the silver and currency you want.
4. When you are done with all of the above, make the API call.
As a programming language, you can choose between JSON and PHP.
Also published on Medium.