Are you looking for an API that allows you to see the prices of Ruthenium? If in addition to that, you would like to see the prices in your local currency, then we recommend you continue reading this post!
Ruthenium is a rare, hard, light silver-colored transition metal with a metallic hue. This metal does not discolor on exposure to air under average ambient conditions and is relatively rare in the earth’s crust (mostly found in platinum ores). Its atomic mass is equal to 101.07, it is represented by the symbol Ru and its atomic number is 44. Ruthenium is abundant in the Ural Mountains in Russia and Kazakhstan, in North and South America.
The electrical industry consumes most of the ruthenium produced, applying it in electrical contacts for its ability to increase the hardness of its platinum and palladium alloys. Ruthenium foils are also applied to metal electrodes by galvanizing. In medicine, the radioisotope ruthenium-106 is used for its beta emission capacity in radiotherapy of eye tumors.
Currently, Qatar is modernizing its cities in order to host the World Cup. For this reason, every day it imports tons and tons of metals of different types to use them in its new stadiums; one of these is ruthenium. Although the price remained stable, in March it suffered a sudden increase of 20% in just 4 days. This is why, for those Qatari investors, being up to date with prices is vital to avoid headaches with sudden increases.
For this, we will use Metals-API, which will allow us to see the updated prices of ruthenium and also see them in Qatari Rial.
Use Metals-API!
Thousands of developers, SMBs, and major companies utilize Metals-API every day. Metals-API is the most reliable source for real-time precious metals rates, thanks to its robust data sources and more than six years of experience. Currency data delivered by Metals-API is collected from over 16 reliable data sources, like Injective Protocol, Changelly, Metex, Chainlink, Barrick, among other.
But in addition, it works with more than 170 world currencies, clearly including the Qatari Rial. Thanks to this, you will be able to convert prices from US dollars to your local currency, to the official price of your country.
Any time, any day of the year, the Metals-API support crew will be glad to assist you. That is a guarantee. But first, visit its website, sign up and select one of the 7 available plans; a free one is included!
One more thing, your connection to the Metals-API is encrypted using bank-grade 256-bit SSL Encryption. It´s very safe!
Also published on Medium.