Use this free NYMEX Rates API to get RHENIUM prices for free!
Rhenium, or atomic number 75, is a rare and heavy metal. Despite its rarity, it can be obtained through industrial extraction from certain minerals. Fifty-seven naturally occurring isotopes are known to exist within the range of 180–248. This element makes up only two parts per billion in the earth’s crust and one part per trillion in seawater. These facts make it the second rarest element on earth. This silvery grey metal boasts many uses in medicine, electronics, and weaponry because of its durability, lightweight and resistance to heat.
Most metals’ investors are situated in New York. As a result, keeping up with NYMEX pricing is essential.Considering all of this, if you’re looking to invest in metals, you’ll want to stay up to date on the newest metals pricing. Besides, you must keep an eye on the business’s heart if you join the investor stage. As a consequence, it’s critical to keep a watch on NYMEX prices.
Market prices are used to determine the prices that consumers pay for a range of commodities all across the globe. To get this data, it is necessary to have access to some tools. If you’re looking to invest in the market of metals and currencies, we strongly recommend using an API.
Try Out Metals-API
An API can provide current metal values as well as historical rates based on NYMEX data. Besides, an API can also give statistics on price fluctuations so that you can consider all of the elements when deciding when the ideal time to buy is.
For this purpose, you need to use an API (Application Programming Interface) It is a platform that allows two devices or applications to connect. While certain services may be beneficial, keep in mind that not all of them are operational or provide the same information. For this reason, we suggest you one of our favourite choices: Metals-API
Metals-API is capable of providing real-time precious metals rate data, thanks to its 10+ exchange rate data sources. There are several endpoints in the API, each of which has a different function. Get the most recent exchange rate data for any or a particular group of currencies, translate sums from one currency to another, retrieve Time-Series data for one or more currencies, and ask the API for regular fluctuation data are all endpoint functionalitie
Metals-API started as a basic, lightweight Open-Source API enabling banks to get current and historical precious metals prices. The API can provide real-time precious metals data with a 2 decimal point precision and a frequency of up to 60 seconds through API. Among the features accessible are time-series data, volatility statistics, and the day’s lowest and highest prices, as well as precious metals exchange rates and currency conversion. The API provides precise precious metal exchange rate data in over 170 currencies throughout the world.
Some of Its Characteristics:
- Periodicity in real time, history, and tick-by-tick API
- Intraday and historical charts API
- Real-time precious metals prices Gold, silver, palladium, lead, and platinum are the four precious metals API
- Real-time metal prices metal of the platinum group and base metals API
- Spot and future prices of gold, silver, palladium, lead, and platinum throughout history