Knowing the changes in the prices of the most bought and sold precious metals, in this case, Gold, Silver, Platinum, and Palladium is essential to update the investment portfolio of any expert. While there are dozens of APIs that present these services, not all have all the necessary information.
While there are three currencies that can be said to control all markets, the dollar, Euro, and the Pound, the same cannot be said for metals.
Nowadays it is almost as important to be aware of changes in yuan as dollars and rubles as euros. Especially in the world of precious metals.
Both gold and platinum are in quantities in Russia. China and India have grown exponentially in the aluminum market, palladium, and silver. Knowing the changes, in any type of rates, of these precious metals, can guarantee success.
As we noted before, there are dozens of APIs that can give the price of precious metals. But not all at any rate or with the speed of Metals API.
In this age of immediacy, knowing the changes each hour may not be enough to maximize your profits. The ideal method is to use a program like Metals-API, which allows you to track currency movements minute by minute.
Metals-API.com offers a live precious metals market data API with a 2 decimal point resolution and a 60-second refresh rate.
Metals-API collects market data prices in a variety of formats and frequencies from a variety of trading sources and institutions around the world. Commercial sources are given a higher weighting because they more accurately reflect market exchange, particularly for major currencies and metals.
Metals-API.com is used by thousands of developers, small enterprises, and Fortune 500 companies on a daily basis. Metals-API is the most reliable source for real-time precious metals pricing, thanks to its dependable data sources and 6+ years of experience. You can sign up here
Also published on Medium.