Skip to content

Top 3 Alternatives to Mining for Precious Metals Rates

Currency plays a big role in the foreign metal industry and the universe of international rates by acting as the medium of exchange in the transactions that occur.

To obtain a metal rate, currencies such as the euro, the French franc, or the Chinese renminbi are widely used around the world. Most businesses that have live and historical precious metal prices have made their APIs (Application Programming Interfaces) available to developers so that they can incorporate current and historical metal rates, exchange rates, and other capacities into their apps.

There are several APIs available online to know about precious metals live and historical prices, and Mining is one of your first options if you want to try one. But if you look at what else is on the market, you’ll find too many better alternatives:

Metals-API

Metals-API is a lightweight API that provides current and historical precious metals prices. This API provides real-time pricing and quotes for precious metals such as gold, silver, palladium, platinum, and other base metals in 170+ currencies. 

Metals-API.com provides live real-time precious metals data via API with a 2 decimal point precision and a frequency as high as every 60 seconds.

Key Features

  • API for real-time, delayed, 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

Key Benefits

  • Use a trusted gold price and silver price API used by hundreds of firms in the industry 
  • Access institutional quality real-time precious metal prices through an easy-to-use API
  • Easily embed real-time gold prices and other metals in your applications — including spreadsheets, websites, mobile apps, and other corporate applications
  • Dramatically reduce time to market for apps that need precious metal prices
  • Eliminate the pains and complexity of legacy feeds by using cloud APIs

Metals-API.com is used by thousands of developers, SMBs, and large corporations every day. Rock-solid data sources and 6+ years of experience make Metals-API the #1 resource for real-time precious metals rates. You can sign up here.

Metals API Drupal Module and WordPress Plugin

Metals-API Drupal module contains detailed controls for displaying target date metal rates as well as the most recent. If you just need a regular overview of precious metal prices, this free license will help. The Drupal module will reset the rate once a day (every 24 hours), and it will fall under the free license’s limit of 50 requests a month. Additional refreshes per day will require a paid license which can be had relatively cheaply. You can also try Metals-API WordPress Plugin which consumes, caches, and produces blocks to display precious metal prices.

Gold Feed

Their gold, silver, platinum, and palladium API feeds are in line with the World Spot Gold Market. They take pricing from multiple media that make their prices accessible to clients and use an algorithm to generate one of the most reliable prices in the industry. Their pricing is used by the world’s most reputable bullion dealers to fuel their stores and applications.

Their service is effective and always available. If you are searching for a live pricing option for your app, platform, or purely for investing purposes, Gold-Feed is the best provider for you. With over ten years of business experience as a business dealer, they discovered that the current technologies are either incredibly expensive or inaccurate. You can rely on Gold-Feed to provide you with service and assistance 24 hours a day, seven days a week. They will even support you with integration if required. Their payments are very affordable, and you will have direct access to the feed after payment.

Currencylayer

Currencylayer offers an easy-to-integrate REST API that provides real-time and historical exchange rates for 168 world currencies and precious metals, provided in freely accessible and instantly parsable JSON format and compliant with any program.

The currencylayer API was developed and is managed by apilayer, the business behind industry-leading SaaS apps such as invoicely and eversign, as well as an ever-expanding portfolio of productivity-enhancing API products. With over 4 million customers globally, their goal is to provide companies and individuals with the resources they need to automate the stuff that should be automated and just concentrate on making great products.

The online Forex API market is split into two categories: low-cost yet unstable open-source projects and costly but high-performance Enterprise-class APIs. Currencylayer aims to incorporate the strengths of each into one superior product, providing highly precise, secure, and stable currency exchange rates through a tightly controlled API, making it accessible to small-scale enterprises and entrepreneurs while remaining reasonably priced for larger corporations.


Also published on Medium.

Published inAppsSaaS

Be First to Comment

Leave a Reply

%d bloggers like this: