If you’re looking to get XCU daily prices in Russian ruble, try out this metal prices API
Copper is used as a heat and electricity conductor, a building material, and a component of various metal alloys, including sterling silver in jewelry, cupronickel in naval gear and currency, and constantan in temperature monitoring strain gauges and thermocouples.
What About Metal Prices?
Copper is among the few metals that may be discovered in a metallic condition in nature and utilized right away (native metals). It is used in buildings, most commonly for roofs, oxidizes, and turns green (or patina). Copper, both as elemental metal and as a color in compounds, is occasionally employed in decorative art. Powerful antimicrobial agents, fungicides, and wood preservatives are all made from compounds derived.
Copper is second only to silver as a conductor of electricity, and more than half of the copper produced in the world is used in this field. The main electrical use is in the form of cable. But in general, it is a very important metal. In our homes we find copper and its alloys at every step: in our electrical, water, gas and communications installations, in appliances, etc. It is even included in a wide range of foods and balanced diets.
Copper prices in Russian Ruble are very volatile. The average price in February was $2,476 per metric ton, but prices can fluctuate significantly. The most expensive month in the last year was July, when the price of copper rose to $3,563 per metric ton and the cheapest month was November when it dropped down to $1,911 per metric ton.
Being a metal of enormous importance to humanity, there is no country in the world that does not use it. And Kuwait is no exception. That is why its entrepreneurs and the government must stock up on copper to meet the needs of its inhabitants. That is why, if your goal is to be up to date with the price of copper, we recommend you use a metal prices API service.
API is an abbreviation for Application Programming Interface. What does it mean? It is software that links and transfers data between two or more devices. Many companies use it to show different types of information to their users.
There are various APIs accessible on the internet that provide metals information; nevertheless, obtaining good rate data may be problematic. Not all of them send rates in troy ounces. For palladium rates in troy ounces, we recommend Metals-API.
You must follow the next instructions:
- Acquire an API key from the website www.metals-API.com.
- Following that, you’ll discover a slew of metal and currency icons. Select the XPD (Palladium) symbol and the currency sign.
- Utilize these symbols to include metal and currency in the list.
- Moreover, you can choose a programming language and a price range. You have the option of using JSON, PHP, or Python.
- Then all you have to do is click the “run” button and you’re finished! The response will be displayed on your screen. This API will provide rates in troy ounces.
Metals-API is a simple API that provides data on a wide range of metal prices, from copper to gold to palladium to HRC steel. You may also track the value of these metals in over 170 currencies, like USD, EUR, and BTC. It gathers information from reliable banks and financial institutions. Furthermore, both small and major organizations, such as the multinational Barrick Gold, use it.
This API provides real-time precious metals data with a two decimal point precision and a periodicity of up to 60 seconds. You may analyze values over time and determine the optimal time to invest by using current and historical prices. For this aim, metals-API is also used to detect fluctuation data.
Also published on Medium.