Are you tired of so much volatility in the metals market? Well, the only solution to your problem is to try to prevent any major changes in gold prices. For that, you will need to use an API. It is the best precious metals API.
Gold was and is one of the most used metals in the history of mankind. Archaeological pieces of gold are known from the Neolithic, ancient Egypt, Rome, Greece, treasures with ornamental and utilitarian purposes. Although it is the most famous metal of all, it is ranked number 75 among the most abundant elements in the earth’s crust. It is found free in nature in quartz veins and as nuggets, or to a lesser extent it can also be naturally alloyed with silver. It is estimated that some 9,000 million tons can be found in the oceans, but its recovery is more expensive than the value of gold itself.
South Africa produces about 450 tons per year, practically half of the world’s gold, followed in importance by Canada (16%), the countries of the Russian Federation (16%), the United States (8%) and others less important in terms of production is referred to like Australia, Japan, Philippines, Korea, Mexico, etc. It is valued not only for its beauty but also for its resistance to corrosion and its ease of handling. In general, gold is used as a basis for international monetary transactions, in coins and jewelry, alloyed with other metals to give it the necessary hardness, in the manufacture of dental pieces and the electronics industry.
In March 2022, gold managed to reach all-time highs. Unfortunately, in just a few months it lost its value by 11%. Due to the constant changes, it is very important to be alert to any slight change. Luckily, Metals-API will be able to fulfill that task satisfactorily.
Why Metals-API?
Thanks to Metals-API, thousands of investors, traders, and entrepreneurs can see the prices of metals such as gold, silver, copper, lithium, and aluminum, among other metals. As the international market is very unstable due to high volatility, it is important to have updated prices every minute, minutes that could save you thousands of dollars. Fortunately, Metals-API is capable of delivering real-time precious metals data via API at an accuracy of 2 decimal points and a frequency as high as every 60 seconds. Its system is so fast that it became the most used metals API in the world.
Capabilities include delivering exchange rates for precious metals, converting individual currencies, returning time series data, fluctuation data, and the lowest and highest price of any given day.
How much does Metals-API cost?
Fortunately, Metals-API is free and you can use it without paying anything. But it is also true that there are paid plans, which will offer you greater benefits, such as more “API calls” and more frequent price updates. We recommend you enter the website and analyze which is the best option for you.
It is safe?
The connection to the Metals-API service is encrypted using bank-grade 256-bit SSL encryption. In other words, your data will be very well protected.