In dealings on the foreign metal market and in the area of global trade, currency plays a big role as a medium of exchange.
The US dollar, the British pound, and the Swiss franc are all widely used to determine metal rates. Developers are using APIs (Application Programming Interfaces) from certain firms which provide live and historical precious metal prices to integrate current and historical metal rates, exchange rates, and other functions into their applications.
There are many APIs available on the internet for information about precious metals live and historical prices, but GoldMoney might be one of your first options if you want to try it. However, if you look at what else is available on the internet, you’ll find a range of great options:
Metals-API
Metals-API is a simple and flexible API that provides historical and current precious metals rates. Over 170 currencies are assisted by this API, which provides great rates and quotes for metals such as gold, silver, palladium, platinum, and other metals.
Metals-API.com provides live real-time precious metals data via API with a 2 decimal point accuracy and a frequency of every 60 seconds.
Key Features
- API for real-time, delayed, historical, and tick-by-tick periodicity
- Real-time precious metals prices API for gold, silver, palladium, and platinum
- Real-time metals price API for base metals and platinum group metals
- Intraday and historical charts AP
- Historical spot and future prices for gold, silver, palladium, and platinum
Key Benefits
- Use a trusted gold price and silver price API used by hundreds of firms in the industry
- Access institutional quality real-time precious metal prices through an easy-to-use API
- Easily embed real-time gold prices and other metals in your applications — including spreadsheets, websites, mobile apps, and other corporate applications
- Dramatically reduce time to market for apps that need precious metal prices
- Eliminate the pains and complexity of legacy feeds by using cloud APIs
Hundreds of programmers, small companies, and large corporations use Metals-API.com on a daily basis. Because of its strong data sources and more than 6 years of experience, Metals-API is the most reliable source for real-time precious metals pricing. You can sign up here.
Metals API Drupal Module and WordPress Plugin
Metals-API Drupal module has a lot of options for displaying desired metal prices as well as the most recent ones. This free license is sufficient if all you need is a regular snapshot of precious metal prices. The rate can be refreshed once a day (every 24 hours) by the drupal module, and it will not exceed the free license’s limit of 50 requests per month. You can also try Metals-API WordPress Plugin which consumes, caches, and produces blocks to display precious metal prices.
Bloomberg
Bloomberg is a high-tech, market-moving, data-driven, cross-platform information organization with the goal of solving global issues.
Bloomberg, the world’s leading source of business and financial information and news, gives influential decision makers a competitive edge by connecting them to a vast network of data, people, and ideas. The Bloomberg Terminal is based on the company’s strength: using advanced technology to deliver data, news, and analytics quickly and accurately. Bloomberg, the world’s leading source of business and financial information and news, gives influential decision makers a competitive edge by connecting them to a vast network of data, people, and ideas. The Bloomberg Terminal is based on the company’s strength: using advanced technology to deliver data, news, and analytics quickly and accurately.
Ice
They run customer-driven precious metals and iron ore markets, including the most liquid U.S. market for mini gold and silver futures and options, as well as iron ore contracts focused on Platts and The Steel Index (TSI) underlyings.
We provide market participants with an efficient way to manage their positions and execute investment and hedging strategies through liquid and open markets and efficient distribution procedures.
Mini Gold and Mini Silver futures, Kilo Gold futures, and Gold and Silver Regular futures are all part of their precious metals complex. Gold and silver regular futures are physically settled gold and silver contracts delivered in unallocated vault accounts loco London. Participants in the IBA Gold and Silver Auctions will use these contracts to swap their auction positions for cleared futures contracts owned by ICE Clear U.S.
Also published on Medium.