Are you from Ahmedabad (India)? Are you looking for gold prices and so far, no success? Well don’t worry, thanks to the use of this magnificent API, you will be able to obtain them! In fact, it is the best precious metals API.
Gold has been one of the most valued metals by society for thousands of years, being a material that is currently not only useful in the manufacture of “common use” objects, such as components of some cell phones and jewelry. But it is also used as a store of value or wealth, despite no longer being backed by the US dollar, since 1971 with the abolition of the Gold Standard. This mineral, discovered between approximately 3,000 and 2,600 BC, is characterized by being a very dense metal, soft, with an intense yellow color, which does not oxidize under normal conditions, which has applications in industry, mainly electronics, medicine and dentistry, but its main application is in jewelry.
Regarding its economic attributions, gold is considered to be a good with different classifications, which depend on its focus and purpose. In this way, it is characterized as an economic good, because not everyone can access them, an investment good, because it can be used to receive a subsequent benefit, an intermediate good since it can serve as an input in a production process, luxury or superior good, the demand for which is increasing faster than consumer income. In addition, the difficulty of its extraction means that it is a scarce material and, therefore, expensive.
But this year something strange happened with gold. In March, it reached all-time highs and broke the $2,000 per ounce barrier. But this joy was momentary because currently, gold continues to decline and its price is less than 1,800 dollars. This is bad news for Indian investors in cities like Ahmedabad. The only option for them is to use Metals-API and with it, prevent any price changes. It’s the best Ahmedabad gold API.
Why Metals-API?
The question “why should I utilize this service?” is definitely on your mind. There are several factors, including its superior information sources, which support the notion that Metals-API is synonymous with dependability. It currently collaborates with a number of metal exchanges, including the Bombay Stock Exchange (BSE), the Chicago Board of Trade (CBOT), and the London Metal Exchange (LME). Another crucial aspect is that all gold data is acquired in real time, with a frequency of up to every 60 seconds and a precision of 2 decimal places. The ability to offer time series data, fluctuation data and the lowest and highest price on any day are just a few of the capabilities. With these features, it will be possible to get Real-Time Ahmedabad Gold Rates.
There are two responses to your query about the cost of this technology. Although there is a free version, it is only advised for users who do not frequently need to update metal prices. However, there are six paid options as well, which will provide better advantages. These plans cost between $10 and $1,200 annually (not monthly).
Remember that there is a user guide for this system on the website if you have any questions. However, there is a virtual chat available 24/7 from 9 a.m. to 6 p.m. (GMT+1) if there is anything you don’t understand.
Also published on Medium.