If you’re seeking real-time Tungsten rates, this page will provide you with a wealth of information.
Tungsten is a shiny and silvery-white metal. The melting point of this metal is the highest of all metals, and it is alloyed with others to make them stronger. Tungsten and its alloys are used in arc welding electrodes and furnace heating components, among other high-temperature applications. Its carbide is very hard and is widely utilized in the metalworking, mining, and petroleum industries.
The introduction of this metal into the heavy industry is being closely watched by investors all around the world. Many experts believe that tungsten will reach new highs in 2025. As a result, the price of tungsten varies greatly.
As a result, if you want to use this metal in your business, you’ll need a tool that can provide you with real-time data from the biggest financieral entities in the industry. You should also keep an eye on current changes if you want to know when the ideal moment to buy this metal is. For this purpose, you should try an application programming interface (API).
How To Use An API
An Application Programming Interface (API) lets two programs on separate machines interact with one another. Any internet-connected gadget sends data to a server, which then distributes it to another server. The data is examined and the relevant security measures are performed before being delivered back to your device. The data is subsequently analyzed and presented by the computer.
If you need the most up-to-date prices, Metals-API is a suitable option. It’s the most recent API for this purpose, and it works with a wide range of metals and currencies. Every minute, it collects and updates all critical data from the world’s major financial organizations. It contains information on metal price fluctuations as well as current prices.
Follow these steps to subscribe:
- Go to www.metals-API.com to obtain an API key.
- On the site, you may select from a selection of Tungsten symbols (TUNGSTEN) and currency indicators.
- Make the API request once metal and currency have been included in the list of symbols.
- JSON and PHP are the two coding languages available. Hit the “run” botton to obtain response.
The following information will be shown:
{ "success": true, "timestamp": 1519296206, "base": "TUNGSTEN", "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, [...] } }
Why Metals-API
Metals-API is a program that delivers reliable and current information on any precious metal in any currency. The information on the free plan is updated every hour and is accurate to two decimal places. Additionally, you will receive 50 API calls each month in this case. You will receive more API calls and data per minute if you purchase an annual plan.
Every minute, our platform pulls data from over 15 credible data sources. Banks and financial data providers are among them. As a result, you will receive incredibly precise pricing. Tungsten, silver, aluminum, platinum, and palladium are among the precious metals covered by Metals-API.