If you’re looking for a Kitco alternative to get Platinum historical and live rates, please read this article!
Brief Introduction About This Metal
Platinum is a chemical element that does not have an abundant presence on our planet. This metal has a silvery hue and can be found in alloys, integrated into some minerals or in the form of grains. Its malleability, its ductility, its resistance to corrosion and its melting at very high temperatures are some of its characteristics.
It has a multiplicity of uses. For example: in motor vehicles, platinum works as a catalyst, allowing the conversion of polluting gas emissions into less harmful ones. Also, it is important in the production of fertilizers, oil refining, jewelry (especially for its purity), fiber optic cables and hard drives, among other things. Even as a drug against certain types of cancer!
It can sometimes be difficult to find a website, software, or application that provides Platinum rates in real-time. That’s why if you want to invest in this industry or maybe you want to buy a piece of art, you should be updated with the pricing of bronze, you have to use an API.
Metals-API is a piece of software that gives reliable and up-to-date information on any precious metal in any currency. The free plan’s data is refreshed every hour and has a two-decimal point accuracy. In this case, you will also receive 50 API calls every month. When you buy an annual package, you will get more API calls and data per minute.
Every minute, our platform pulls data from over 15 credible data sources. Banks and financial data providers are among them. As a result, you will receive incredibly precise pricing. Metals-API.com offers current market prices for precious metals such as gold, silver, aluminum, platinum, and palladium.
The Future with Metals-API
Each API has its level of complexity: those looking for the price of precious metals or world currencies require access to a long list of data sources. It’s an excellent quality to be capable of providing trustworthy and diverse solutions to requests when you can go to different sites to get the information. Metals-API is an example of this.
Every day, the API collects information that will be available five seconds after midnight; this is the main reason why you can’t seek fluctuation rates data from the same date.
How do you start using Metals-API in your enterprise
1- Enter and generate an account on https://www.metals-api.com/.
2- Check into the variety of packages and their features.
3- Look for the metal’s code list.
4- Send your request to the API with the symbol you need.
Also published on Medium.