If you’re looking for LME-Nickel prices, try out this metal prices API for free!
Nickel Facts
Nickel is a silvery-white metal that occurs naturally in the crust of the planet. It is a transition metal, which means it lies in the center of the periodic table. It is the world’s 24th most plentiful element.
Nickel is unique in that it is today even more expensive than copper, yet it is still much cheaper and more available than silver. As a result, many jewelers add nickel to other precious metals to make them more durable and lower the cost.
Nickel alloys are utilized for functions such as high performance alloys, corrosion resistant alloys, electronic alloys, and heat resistant alloys by end-use industries such as aerospace & military, chemical, electrical & electronics, oil & gas, energy & power, and automotive, among others.
Obtain LME-NI Prices
The LME (London Metal Exchange) is a series of spot, forward, and future contracts for the delivery of primary nickel that are listed on the London Metal Exchange. But even for economists on the LME, keeping up with the Nickel price can be exhausting. That’s why they use Metals-API, an API that sends them the prices of what they want directly.
Try Out: Metals-API
An API (application programming interface) is a collection of rules that govern how computers and programs communicate with each other. APIs link an application with a web server. As a result, it allows data to move between these two. APIs are handy tools to acquire the information you need
Today, Metals-API is used by a large number of customers including thousands of developers, small businesses and large corporations. In fact, there are currently more than 200,000 customers who have expressed their satisfaction with this service. Some of its clients are Barrick Gold, Mansour, Injective Protocol, among other companies. On the other hand, the information on the silver metal is obtained in real time, with a precision of 2 decimal places and a frequency of up to every 60 seconds. Capabilities include delivery of precious metal exchange rates, return of time series data, fluctuation data, and the lowest and highest price of any day.
All of these features make it possible to analyze the Nickel market and decide whether or not it is a good time to invest in this precious metal.
How to Use it:
Metals-API is easy to use. Following you’ll find easy steps to follow:
- You must first register on the website and establish an account.
- Then look for your preferred money and precious metal.
- Create an API request using the settings from the dashboard.
- Wait for the site to respond with an API response.
Is It Safe to Use?
Yes, Metals-API uses 256-bit SSL encryption, which is a standardized method that encrypts data transmission between a web browser and a website (or between two web servers), therefore securing the connection. As this connection is extremely similar to the one used in banking identity sites, Metals-security API’s is unquestionable.
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