Currencies are an important medium of exchange in transactions on the foreign metal market and in global trading.
Metal prices are commonly determined using the US dollar, the Australian dollar, and the Japanese yen. APIs (Application Programming Interfaces) from specific companies that offer live and historical precious metal rates are being used by developers to integrate current and historical metal rates, exchange rates, and other features into their applications.
There are several APIs available on the internet for information about precious metals live and historical values, but Reuters can be one of your first options if you want to give this a try. However, if you look at what else is available on the website, you’ll find a variety of excellent alternatives:
Metals-API
Metals-API is a clear and flexible API that offers both historical and current precious metals prices. This API supports over 170 currencies and features excellent prices and rates for metals such as gold, silver, palladium, platinum, and others.
Metals-API.com offers live real-time precious metals data via API with a precision of 2 decimal points 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
Metals-API.com is used on a regular basis by hundreds of programmers, small businesses, and large corporations. Metals-API is the most credible platform for real-time precious metals prices due to its solid data sources and more than 6 years of experience. 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 adequate if what you want is a daily snapshot of precious metal prices. The rate can be refreshed once a day (every 24 hours) by the drupal plugin, 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.
Ice
They execute customer-driven precious metals and iron ore markets, including the most liquid mini gold and silver futures and options market in the United States, as well as iron ore contracts based on Platts and The Steel Index (TSI) underlyings.
They provide financial institutions with an effective way to handle their positions and conduct investment and hedging policies through liquid and transparent markets and efficient delivery procedures.
Mini gold and silver futures, Kilo gold futures, and gold and silver futures are all available. Many of their daily futures are part of their precious metals complex. Standard futures on gold and silver are physically settled gold and silver contracts delivered in unallocated vault accounts in 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.
Barchart CMDTY Metal Prices
This API is used to obtain current, delayed, or end-of-day market data. In addition to Last Price or Settlement, other fields such as Open, Big, Low, Bid, Ask, 52-week high and low, and more are available. They also have historical time series information for commodity futures, indexes, exchange-traded funds (ETFs), commodity-related stocks, and currency pairs.
The getTechnicals API returns technical data and figures for futures, indexes, exchange-traded funds, commodity-related securities, and currency pairs. Changing averages, percent shifts over various time intervals, and stochastics are among the fields.
With a single onDemand request, you can obtain all real-time, early, or end-of-day Futures details by exchange.
The Definition API may also be used to retrieve instrument metadata based on a mark, share, or MIC. Instrument names, trading codes, tick increments, base codes, expiration times, and other information are also part of the metadata.
Also published on Medium.