Cobalt is a chemical element with the symbol Co and atomic number 27. With the exception of minuscule amounts found in natural meteoric iron alloys, cobalt, like nickel, is only found in chemically mixed form in the Earth’s crust. As the free element, reductive smelting produces a hard, lustrous silver-gray metal.
Cobalt is used in automotive airbags, petroleum and chemical industry catalysts, cemented carbides (also known as hardmetals) and diamond tools, corrosion- and wear-resistant alloys, drying agents for paints, varnishes, and inks, dyes and pigments, and ground coatings for porcelain enamels.
Minerals that contain this element include cobaltite, skutterudite, and erythrite. Mineral deposits are abundant in the Democratic Republic of the Congo, Canada, Australia, Zambia, and Brazil. Nickel refining produces the majority of cobalt as a by-product. It’s expensive, heavy, and linked to unethical mining, wild price swings, and an unreliable global supply chain.
Key Benefits
- Access institutional quality real-time precious metal prices through an easy-to-use API using a trusted Gold and Silver pricing API used by hundreds of companies in the industry.
- Easily include real-time Gold and other metals prices in your spreadsheets, websites, mobile apps, and other business applications.
- Reduce the time it takes for apps that rely on precious metal prices to reach the market.
- Using cloud APIs, you may get rid of the aches and complexities of legacy feeds.
Key Features
- Real-time, historical, and tick-by-tick periodicity API
- Precious metals prices in real time Gold, silver, palladium, and platinum API
- Metals prices in real time Base metals and platinum group metals API
- Historical and intraday charts AP
- Gold, silver, palladium, and platinum spot and future prices throughout history.
Accurate Results
Knowing the changes every hour may not be enough to maximize your profits in this age of immediacy. Using a program like Metals-API , which allows you to track currency fluctuations minute by minute, is the best option.
Metals-API.com provides a live precious metals market data API with a granularity of 2 decimal points and a refresh rate of 60 seconds.
Sources
To achieve the maximum level of data coverage and consistency, our system employs a unique “validation and fallback” technique that gives different priorities to each data source and validates each metal/forex rate as it enters our databases. If a single source cannot provide a reliable quote for this currency combination, the next highest provider is sought. This allows us to avoid inconsistencies and provide accurate spot conversion rates for the vast majority of currencies to six decimal places.
Also published on Medium.