Would you like to find an API that gives you the prices of the most important gold trading centers in the world? Well, in that case, the best option is to use this wonderful digital tool, one of the best precious metals API available in the online market. In this post, we will provide all the info!
The fact that gold is the most malleable and ductile metal that exists on the planet is one of its best-known characteristics. It can be made into a variety of shapes, from wires to sheets, with a capacity for stretching or thickness that is completely adjustable to our demands. As a non-active metal, gold is also largely unaffected by the elements of air, heat, and humidity. In actuality, dissolving it is challenging. The most common application for gold is the production of coins (alloyed with silver and/or copper), although it is also employed in industry, jewelry, and electronics due to its corrosion resistance. In reality, gold is employed extensively on gold-plated contacts and lead wires in nearly all modern electronic gadgets.
For some historical reason that is impossible to determine, mankind gave gold the value of the “most valuable metal”. Although there are other precious metals such as rhodium that are more valuable, the truth is that humanity will always prefer gold. This trend is unlikely to change in the coming years. Russia, for example, a country at war, is investing a lot of money to increase its gold reserves. They are betting that gold will be key in the event of a global crisis.
Beyond this, it is obvious that the most significant use of gold is as a tool for saving and investment. In fact, we would have made 4000% more now if we had invested in gold 50 years ago! To obtain information on the main financial centers of gold, what better than to use Metals-API!
Metals-API brings the world’s most important gold trading centers prices
We are 100% sure that Metals-API will be the tool that will change your life as an investor in precious metals like gold. And the answer is simple. Looking for the prices of the most important gold trading centers in the world? Well, this tool will give them to you. Thanks to its API feature, that is, being like a bridge, you can be connected with the main metal exchanges in the world. Not just common sources like the London Metal Exchange (LME), but also other equally famous options like Shanghai Gold Exchange (SGE), Bombay Stock Exchange (BSE), and New York Mercantile Exchange (NYMEX). These are some of the best-known examples, but there are many more options.
Also, the price of Metals-API is not expensive. We have reviewed the prices of the competitions and found that this system offers affordable prices. But first, you’ll need to know 2 things. First, is that the prices of this service are in USD. That is, if you are from Canada, you must notify your bank that you will make an international transaction. Secondly, you will need to know that Metals-API prices are annual. You only have to pay once a year and nothing else. For example, the “gold” plan (it’s literally called that) costs $1,500 per year ($125 per month on average) and gives you 100,000 API calls per month. This is just one of the plans, but there are 7 other options.
Also published on Medium.