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Best LME Copper Rates API For Investors In 2022

Are you seeking for copper prices from the London Metal Exchange (LME)? Look no further; the solution to your question may be found in this informative essay that we have prepared for you. It is the finest API for LME Copper historical rates.

Copper is a well-known metal since it is used in a variety of industries. It is commonly used for electrical equipment such as power cables and motors. This is because it can be pulled into wires and efficiently transport heat and power. It is utilized in both structures (such as roofing and piping) and industrial machines (such as heat exchangers).

Because of its high heat conductivity, copper is the most commonly utilized material in the production of various culinary items. Furthermore, because it is so pliable, it is used to manufacture decorations, wires, and jewelry. Although it is not the finest metal conductor of electricity, it has the highest quality/price ratio, hence copper power cables are highly prevalent. Despite the fact that many people are unaware of it, copper is found in a wide range of biological structures in the human body. Furthermore, it plays a critical function in the formation of red blood cells and the correct maintenance of blood arteries.

The ideal technology for keeping up with metal pricing is to use an Application Programming Interface (API). The London Metal Market (LME), the world’s biggest exchange for industrial metals, is one of the data sources accessible via this API. Using this technology, you will be able to examine the industry based on pricing and observe how it has evolved over time.

This LME Copper API Is About

You may send and receive requests in real time by using an API. An API serves as a bridge between you and the service provider. In a nutshell, an API functions as a go-between for any two computers that need to interact in order to execute a task.

If you are wondering how to access an API, Metals-API is the most complete technique of obtaining LME Copper spot prices in real-time. Using this tool will save you money and time.

To obtain LME Copper spot prices, follow these steps:

To receive your API key, go to www.metals-API.com.
In the website’s list, look for the LME Copper (LME-XCU) symbol and currency sign you wish to use.
Using these symbols, add metal and money to the list, then perform the API call.
JSON, Python, or PHP are available as programming languages.
As a result, the end result will be as follows:

{
"success": true,
"timestamp": 1519296206,
"base": "LME-XCU",
"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,
[...]
}
} 

Make use of Metals-API!

Metals-API is the finest option if you want the most up-to-date pricing on all market metals, including gold, silver, lithium, and copper. This service is so fast and accurate that it can obtain rates with a 2 decimal place precision and a frequency of up to 60 seconds.

Quick information obtained from untrustworthy sources, on the other hand, is pointless. Fortunately, Metals-API receives data from 16 of the world’s most reputable and secure sources, including the London Metal Exchange (LME). Customers such as Chainlink, Metex, and Barrick Gold attest to the company’s trustworthiness.

Another intriguing feature is the ability to compare prices across 170 various currencies from across the world. In terms of the fees connected with using this system, you have two options. As a first option, use the non paid plan (with certain limitations on service) or purchase an annual subscription (which offers unmissable benefits). In any event, if your current plan is insufficient for your needs, you may upgrade or decrease it. For example, if the basic plan is insufficient for you, you may easily upgrade to a professional plan.

Related Post: This API Brings The World’s Most Important Gold Trading Centres’ Prices

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