In the fast-paced world of metals and commodities, staying updated with real-time data is not just a luxury but a necessity. Many industries, from precious metals traders to manufacturers, rely on APIs to access vital information. Kitco Metals API has long been a go-to choice for many, providing an extensive range of metals-related data. However, it’s crucial to know the best Alternative To Kitco Metals API, here are our top 5:
Alternative To Kitco Metals API #1: Metals-API
- Introduction to Metals-API
Metals-API is gaining ground as a robust contender in the realm of metal data APIs. It offers a seamless integration of metals-related information into your applications. You can access data on various metals, including gold, silver, and even specialized data like cobalt prices. This API is particularly useful if you’re looking for real-time data on metal prices.
- Key features and benefits
Metals-API provides a vast array of data, making it a comprehensive solution. It boasts live data for metals like copper, zinc, and aluminium prices. It’s also user-friendly and easy to integrate into applications.
- Pricing and subscription options
The pricing structure is flexible, catering to both casual users and enterprises. You can choose a subscription plan that aligns with your requirements and budget.
Alternative To Kitco Metals API #2: Xignite
- Introduction to Xignite
Xignite is another key player in the data API domain. It’s well-known for its diverse offerings, covering not just metals but also a range of financial data.
- How Xignite compares to Kitco Metals API
Xignite stands out with its broader spectrum of data, including precious metals. It is a one-stop-shop for financial data and could be an excellent alternative for those who require comprehensive financial and metal data.
Alternative To Kitco Metals API #3: BullionVault
- An overview of BullionVault
BullionVault is a specialized platform for precious metals trading. It offers a unique combination of data and trading services.
- Precious metals trading platform
BullionVault allows you to not only access data but also trade in precious metals like gold and silver directly through their platform.
- Introduction to Seeking Alpha
Seeking Alpha is a financial content platform that provides insights into various investment options, including precious metals.
- Overview of GoldPrice
This API specializes in tracking gold and silver prices, making it a valuable resource for precious metal enthusiasts.
- Features for tracking gold and silver prices
GoldPrice offers features specifically designed for tracking and comparing gold and silver prices.
Why Do We Recommend Metals-API As The Best Alternative?
Metals-API had its humble beginnings as a basic, open-source API, primarily focused on gathering current and historical precious metals rates from various banks. It has now blossomed into a real-time data source, boasting impressive accuracy down to 2 decimal points and updates as frequent as every 60 seconds.
Its capabilities encompass real-time exchange rates for precious metals, currency conversion, Time-Series data, price fluctuations, and daily low and high prices.
Moreover, the Metals-API delivers EOD (end-of-day) historical exchange rates, which become available at 00:05 am GMT for the previous day.
Where Is The Data Coming From?
Exchange rate data by the API comes from over 15 reliable data sources, every minute. Furthermore, sources include banks and financial data providers.
How Do I Use It?
1 – Register
2 – Look for the symbols that match your search
3 – Make an API call with them, placing your selected metals in symbol, and your preferred currency in base currency.
Additionally, currency and Metals conversion use the same API endpoints and you can use them to convert any amount from one currency to another, from one metal to any metal, or from any currency to any metal.