Do you want to get LBMA gold live prices? Using an API is the best solution for you!
Gold continues to be a top commodity, seen in everything from elegant jewelry to high-profile medals and awards. The material can be applied to a wide range of contexts, including housing, transportation, and telecommunications. Gold is in demand and will remain that way as the world economy expands.
If you’re thinking about investing in gold or if the price of gold affects your business, the most basic approach to figure out whether or not to do so is to look at price data over time and see how it’s evolved.
You’ll need to use an application programming interface (API) to access this data, which will let you to get data in real-time from one of the big metals suppliers. The London Bullion Market Group (LBMA) is an international trade group that claims to be the “global authority on precious metals” and represents the global Over The Counter (OTC) bullion market.
But, what is an API? An application programming interface (API) connects two computers that must communicate in order to complete a task. This API can also be used to send and receive real-time inquiries. Using an API, you may investigate the industry based on costs and see how it has changed over time.
How To Get An API
Finding a website, application, or software that provides this type of data in real-time, on the other hand, is becoming more difficult. If you don’t know where else to search, start with Metals-API, the most comprehensive source of LMBA Gold AM live prices.
To find LMBA Gold AM live prices, use the following methods:
- Get your API key from www.metals-API.com.
- Look for the LMBA gold am (LBXAUAM) symbol and currency sign you want to use in the website’s list.
- Before contacting the API, add metal and money to the list, and then use these symbols.
- You can use JSON, Python, or PHP as a programming language.
As a result, the end outcome would be as follows:
{
"success": true,
"timestamp": 1519296206,
"base": "LBXAUAM",
"date": "2018-09-10",
"rates": {
"AUD": 1.566015,
"CAD": 1.560132,
"CHF": 1.154727,
"CNY": 7.827874,
"GBP": 0.882047,
"JPY": 132.360679,
"USD": 1.23396,
[...]
}
}
More About Metals-API
Thousands of developers, small businesses, and large corporations use Metals-API on a daily basis. They can use this tool to quickly and easily obtain current global market prices for any metal.
Metals-API is the leading source for real-time precious metals rates due to its reliable data sources, since this software collects data from around 15 reliable data sources every minute. The data is incredibly accurate because it comes from banks and financial institutions. Furthermore, this API response is in a variety of programming languages such as JSON, Python, and PHP. It is easy to integrate into an application or software.
Also published on Medium.