Looking for the 3 most remarkable APIs for silver rates? Read this article and find the best for you!
About This Metal
Silver is one of the world’s most widely produced and traded precious metals. Mexico led the way with 178 million ounces of silver produced in 2020, followed by Peru and China.
This industry is noted for moving quickly and affecting a large number of individuals all around the world. As a result, it’s vital to maintain track of their daily rates.
To summarize, silver has a diverse set of properties and applications. It’s a part of the most important industries in the economy, as well as our daily life. Silver prices fluctuate daily due to a multitude of variables, making the market particularly volatile. As a result, being current on market pricing is critical for determining the best moment to invest. It might also be tough to keep up with changes in Japanese Yen values. But it’s not out of the question. As a result, you should make use of an API.
If you want to commercialize this metal, then you should know that there are a lot of APIs for precious metals rates that can be useful to you. However, not every single one of them works the same way, so you should be careful with which one you choose so you don’t lose time and money.
1. Metals-API
Metals-API is a piece of software that provides trustworthy and up-to-date data on any precious metal in any currency. The data on the free plan is refreshed every hour and has a two-decimal point accuracy. You will additionally receive 50 API calls each month in this instance. When you purchase an annual package, you will receive additional API calls and data per minute.
This platform collects data from over 15 reputable data sources every minute. Among them are banks and financial data suppliers. As a consequence, you will obtain extremely accurate pricing. Metals-API displays current market values for precious metals including gold, silver, aluminum, platinum, and palladium.
2. Goldapi
This platform provides both historical daily gold and silver prices dating back to 1968 (LBMA AM Fix rates in USD) and real-time gold and silver spot values in 169 currencies. Clients include mobile/financial app developers, bullion dealers, wealth management firms, and traders.
By using GoldAPI, you will have immediate access to a live feed of precious metals spot prices via a single simple and free API, as well as 100 percent Real-Time Live Feed from FOREX, SAXO, OANDA, and IDC Exchanges, live Metal Spot Prices in USD, AUD, CAD, EUR, and other currencies, Historical LBMA AM Fix Gold & Silver Prices, and Historical LBMA AM Fix Gold & Silver Prices.
READ MORE:
Get rates for XAG in Canadian dollar with an API – TheStartupFounder.com
Also published on Medium.