Do you need to obtain prices on the main metal exchanges in the world? Well you’re in the right place. Using this API wonder, specialized in metal rates, you will be able to obtain 100% accurate and correct data. In fact, it is the best API for metal prices.
Metals are chemical elements, extracted from the earth or produced by metal alloys, which serve – mostly – as conductors of heat and electricity. Metals are easy to recycle and all can be melted down and change their shape. They are all part of the periodic table of elements and have all or most of the following physical properties: solid state at normal temperature, except for mercury, which is liquid; opacity, except in very thin layers; good electrical and thermal conductors; bright, once polished, and crystalline structure in the solid state.
The most common metallic elements are aluminum, barium, beryllium, bismuth, cadmium, calcium, cerium, chromium, cobalt, copper, gold, iridium, iron, lead, lithium, magnesium, manganese, mercury, molybdenum, nickel, osmium, palladium, platinum, potassium, radium, rhodium, silver, sodium, tantalum, thallium, thorium, tin, titanium, tungsten, uranium, vanadium, and zinc. Metallic elements can be combined with each other and with other elements forming compounds, solutions, and mixtures. A mixture of two or more metals or of a metal and certain nonmetals such as carbon is called an alloy. For example, steel is an alloy that is formed using the iron.
To get metal prices, many turn to metal exchanges. The problem is that these companies offer prices for only some metals, not all. And for an entrepreneur, it can be a bit of a hassle to have to consult so many sources of information. Therefore, we want to recommend you to use the Metals-API service, which collects information from all the metal exchanges in the world.
Why Metals-API?
As an open-source API for current and historical precious metal rates published by banks or other financial organizations, Metals-API was initially designed to be straightforward and lightweight. The London Metal Exchange (LME) and the New York Mercantile Exchange are a couple of these sources (NYMEX). With a 2 decimal place resolution and a 60-second frequency, real-time pricing is acquired for metals like copper, gold, silver, platinum, iron, and lithium. In other words, it is a platform that is extraordinarily quick in a time when every second counts because of the financial market’s extreme volatility. This explains why it is crucial to be aware of the most recent pricing changes.
Delivering exchange rates for metals, translating between different legal tenders, returning time-series data, fluctuation data, and lowest and highest prices of any day are just a few of the capabilities.
What is the price of this service?
You can view the metal prices without paying anything. However, this plan obviously has some restrictions, which do not apply to paid plans. Choose wisely because every strategy has advantages and disadvantages. We advise you to visit its website and select the “pricing” tab. The distinctions between each choice are there for you to see. If that’s still not enough, Metals-API also provides limitless requests at custom enterprise prices.
Any inquiries? The customer service team is available 24 hours a day, GMT+1, from 9 am to 6 pm.
Also published on Medium.