Are you interested in getting accurate gallium prices in 2023? Well, surely you are looking for a well-qualified API that offers you these services. And if you ask yourself, the answer is yes, we have a tool to offer you, an API for metal prices.
Gallium is a metal with atomic number 31 in the periodic table, it belongs to the group of metallic elements known as p-block metals that are located next to the metalloids or semimetals in the periodic table. These types of elements tend to be soft and have low melting points, properties that can also be attributed to gallium. It is a fairly rare element in the earth’s crust: it ranks 35th on the list of most abundant elements with a concentration of about 16 parts per million. In addition, it is very easily associated with other elements.
Gallium, in its solid state, has a silvery and whitish color, with very peculiar characteristics. It is a chemical element that does not exist in nature, it is created artificially (it arises as a by-product in the manufacture of aluminum or zinc) and that together with mercury, cesium and rubidium, constitute the only 4 metals capable of remaining in a liquid state. at a temperature close to room temperature (29.78 ºC). Its main use is in semiconductors, where it is commonly used in microwave circuits and in some infrared applications. It is also used to make blue and violet-colored LEDs and laser diodes. It is even usually an important component in mirrors, telescopes, solar panels, etc.
If you’re trying to get gallium prices to no avail, it’s because you’re not using the amazing API called Metals-API. It is a system designed for those investors who seek to obtain prices of metals such as gallium.
Why Metals-API?
We will give you an example of why you should use Metals-API. In June 2022, the price of gallium was 71% more expensive compared to October 2021. However, today its price has already dropped by 7%. In short, the situation is one of great uncertainty. Therefore, using Metals-API is an excellent option, since it will offer you the updated prices of the metals spot market. If the price of gallium changes, it will only take you 60 seconds to notice that change. Yes! Only 1 minute. This system constantly receives the prices of the main metal exchanges in the world such as the London Metal Exchange or better known as LME, as well as the London Bullion Market Association, better known as LMBA. These sources send updated information every 60 seconds to Metals-API, and this system provides it to you instantly.
In this way, you can be updated with world changes in prices. This is important, considering the changes in the world, the economic instability and much more. Clearly, you don’t want to lose money, but don’t worry, Metals-API will be your alert every day, so you can buy gallium at the best price.
In general, using this system is quite simple. But just in case, on the Metals-API website, you will find a very extensive documentation for you to learn how to use it. In case you don’t want to read this text, there is also a quick start tool. This way, you will be able to use Metals-API using a faster option.
Also published on Medium.