Are you searching for an API that gives you Palladium fluctuation data? You should read this article!
Catalytic converters convert up to 90% of the hazardous gasses in the automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into innocuous chemicals, accounting for more than half of palladium and its congener platinum supply (nitrogen, carbon dioxide, and water vapor). Electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater remediation, and jewelry are just a few of the applications for palladium. Palladium is a critical component in fuel cells, which create electricity, heat, and water by reacting hydrogen with oxygen.
The palladium market is truly very dynamic. While we are writing this post, the palladium price is going down very much. Just a few months ago, in May of 2021, the price was 10 points above the actual price. For this reason, if you need palladium for your business, you must pay attention to the fluctuation of the prices to choose the best moment for making investments.
You will need to utilize an API for this. It’s a piece of software that allows two applications on different computers to communicate with one another. A mobile phone that is connected to the internet sends data to a server. Before being transferred back to your phone, data is captured, evaluated, and appropriate security processes are implemented. The computer then analyzes and presents the data.
If you need to compare numbers over time, Metals-API is an excellent choice. 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 biggest financial institutions. It offers information about mental fluctuations.
It’s easy to get started:
- www.metals-API.com will supply you with an API key.
- To find the one you want, look for a list of palladium symbols (XPD) and currency indicators on the internet.
- Make the API request once you’ve added metal and money to the list of symbols.
- You have the choice of utilizing JSON or PHP as a programming language.
This is an example of the API request:
https://metals-api.com/api/fluctuation ? access_key = API_KEY & start_date = 2015-12-01 & end_date = 2015-12-24
This is the API response:
{
"success":true,
"fluctuation":true,
"start_date":"2018-02-25",
"end_date":"2018-02-26",
"base":"XPD",
"rates":{
"USD":{
"start_rate":1.228952,
"end_rate":1.232735,
"change":0.0038,
"change_pct":0.3078
},
"JPY":{
"start_rate":131.587611,
"end_rate":131.651142,
"change":0.0635,
"change_pct":0.0483
},
[...]
}
}
Why Metals-API?
Metals-API is one of the most accurate and precise API tools on the market. It gets data every minute from roughly 15 reputable sources. Banks and financial data companies are among them. As a result, you’ll obtain a precise cost estimate.
Bitcoin and Litecoin are among the more than 170 currencies, commodities, and cryptocurrencies accepted. The JSON API (JavaScript Object Notation) removes the requirement for each program to write its ad hoc code to connect to servers that communicate in a certain format.