Do you need to buy platinum? Would you like to see the prices of this metal? Well, with this wonderful API, you will be able to obtain them satisfactorily! We will explain more below. It is the best API for Platinum prices.
Platinum is a soft, ductile, grayish-white transition precious metal. We can find it together with other metals such as nickel, copper or chrome. It is one of the densest and heaviest metals. In jewelry, it is one of the most appreciated and valuable metals. It was identified as an independent chemical element in the mid-18th century. It stands out for its hardness, its high melting temperature and its resistance to corrosion and chemical reactions. For this reason, today platinum is used and is essential in numerous industrial processes and the manufacture of products.
Platinum is used to reduce polluting gas emissions, especially from diesel engines. A thin sheet of this metal is placed in the exhaust system to accelerate the reaction of oxygen with harmful gases, transforming them into carbon dioxide and water vapor, and also reducing the emission of sulfur particles. Also, it is used as a catalyst to break down low-grade oil into more efficient substances such as gasoline, diesel or kerosene. It is even used in the manufacture of fertilizers, nylon, polyurethane, plastics and explosives.
Platinum is currently selling for $933.00 per ounce. The price is –19.59% compared to the last 12 months. For these reasons, you must use the Metals-API API, so that you can be alert to any fluctuations and thus avoid losing money. In times where volatility controls the market, such a service will be very helpful.
Why should you use Metals-API?
In case you didn’t know, Metals-API is the most widely used metal pricing API in the world. And this is due to several reasons. In the first place, its sources of information must be highlighted, which ensures 100% reliability of the information. This platform works with the most famous commodity exchanges in the world, such as The New York Mercantile Exchange (NYMEX) and the London Metal Exchanges (LME). Platinum prices are delivered to 2 decimal places and are updated every 60 seconds. Capabilities include delivery of precious metal exchange rates, time series data feedback, fluctuation data, and the lowest and highest price of any day.
How much does it cost to use this service?
In the “pricing” section, you will find the main differences between the 7 available plans. One of these is free and will allow you to get platinum prices 50 times per month and with updates every 1 hour. In contrast, the elite plan costs $1,200 per year and will allow you to see prices 1 million times per month and with updates every 60 seconds. Choose the one that best suits the needs of your company.
If you have any questions, remember that on the website you will find a manual on the operation of this system. But if there is something you don’t understand, there is a virtual chat, always online from 9 a.m. to 6 p.m. (GMT+1). Urgent requests are usually handled within minutes.