Obtain daily metal prices like palladium in Russia during the war with an API!
Brief Introduction
The markets are uncertain. Precious metals prices are creeping up, and this could lead to a potential disruption in the supply chain of what may be critical materials for your company.
Palladium rate in Russia today is updated during war and the ongoing Russian ruble crisis. We predict palladium price will continue to rise, as soon as the Russians are out of the Caucuses region and back home in their own cities.
Palladium in Russia continues to be a high-demand asset to the west and central markets. Palladium is a silvery-white, malleable metal with a slight pinkish cast. It is a rare industrial metal that occurs naturally in the ground, having platinum as its chief ore. Until recently, Russia was the world’s largest producer of palladium and has been driving prices up by stockpiling large amounts of palladium.
Precious metals are among the most precious commodities in the world. A valuable metal can be employed in industry or as an investment. Technology, automobile production, industrial manufacturing, and jewelry manufacture are among the principal fields of use. The primary producers of precious metals are Russia, the United States, Canada, South Africa, and China.
Metal Prices API
An API (application programming interface) is a collection of rules that govern how computers and programs communicate with one another. APIs link an application with a web server, allowing data to be transferred between the two. Many of them are accessible over the internet, albeit not all of them provide the same information. As a consequence, in order to avoid wasting your time with a bad encounter, you must use caution while making decisions.
As a consequence, we highly advise you to utilize Metals-API, which is quickly becoming one of the most popular and comprehensive APIs for precious gold records. This software may provide you with a range of metals and currencies for use on your website.
Start Metals-API
This software uses JSONP callbacks, a responding system that uses an accessible language to reply to your request and tell you whether the information you want is available or not. The answer will take up to an hour with a free subscription.
To send a request, you’ll need an API key to enter into the API base URL’s access key; this is how the metals-API API authenticates your key. It might look intricate, but it is not that hard.
Once you get the API key, you can request data in different world currencies and metal rates. In addition, depending on your subscription, you can demand historical data rates, data fluctuation between two certain dates, and other features.
It’s Main Features
- API for real-time, historical, and tick-by-tick periodicity
- Real-time precious metals prices API for Gold, Silver, Palladium, and Platinum
- Real-time metals price API for base metals and platinum group metals
- Intraday and historical charts AP
- Historical spot and future prices for Gold, Silver, Palladium, and Platinum
READ MORE:
Use an API to Enter & Exit a Trade with Updated Metals Prices – TheStartupFounder.com
Also published on Medium.