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What Is The Best API For Obtaining Palladium Market Data Using Python?

Palladium is an atomic element with the symbol Pd and the atomic number 46. It’s a gleaming silvery-white metal discovered in 1803 by English chemist William Hyde Wollaston.

A gleaming, silvery-white, corrosion-resistant metal. The majority of palladium is used in catalytic converters in automobiles. It’s also found in jewelry and some dental fillings and crowns. White gold is a gold alloy that has been decolored by alloying it with another metal, most commonly palladium.

Is also valued for the monetary benefits it provides as a wealth store and for its investment potential. In the coming years, palladium investments could provide some of the most profitable opportunities in the precious metals complex.

Python

Python is an interpreted high-level general-purpose programming language.

Its design philosophy emphasizes code readability through the use of significant indentation. Its language elements and object-oriented approach are intended to help programmers write clear, logical code for small and large-scale projects.

Is widely used in the development of websites and software, as well as in task automation, data analysis, and data visualization. Because of its relative ease of learning, Python has been used by many non-programmers, such as accountants and scientists, for a variety of common tasks, such as financial planning.

Palladium Example using Python

import requests

    base_currency = 'USD'
    symbol = 'XPD' 
    endpoint = 'latest'
    access_key = 'API_KEY'

    resp = requests.get(
        'https://metals-api.com/api/'+endpoint+'?access_key='+access_key+'&base='+base_currency+'&symbols='+symbol)
    if resp.status_code != 200:
        # This means something went wrong.
        raise ApiError('GET /'+endpoint+'/ {}'.format(resp.status_code))
    print(resp.json())
    

Get your API KEY here 

There are dozens of APIs that can give the price of precious metals. But not all at any rate or with the speed of Metals API.

Key Benefits

  • Access institutional-quality real-time precious metal prices via an easy-to-use API using a trusted Gold and Silver pricing API used by hundreds of industry companies.
  • Real-time Gold and other metals prices can be easily integrated into spreadsheets, websites, mobile apps, and other business applications.
  • Reduce the time it takes for apps that are dependent on precious metal prices to reach the market.
  • You may be able to avoid the pains and complexities of legacy feeds by utilizing cloud APIs.

Main Features

  • Periodicity in real time, history, and tick-by-tick API
  • Real-time precious metals prices Gold, silver, palladium, and platinum are the four precious metals API
  • Real-time metal prices metal of the platinum group and base metals API
  • Intraday and historical charts AP
  • Spot and future prices of gold, silver, palladium, and platinum throughout history

Metals-API.com offers a live precious metals market data API with a 2 decimal point resolution and a 60-second refresh rate.

To achieve the highest level of data coverage and consistency, our system employs a unique “validation and fallback” technique that assigns different priorities to each data source and validates each metal/forex rate as it enters our databases. If one source cannot provide a reliable quote for this currency pair, the next highest provider is contacted. This allows us to avoid inconsistencies and provide spot conversion rates to six decimal places for the vast majority of currencies.


Also published on Medium.

Published inAppsTechnology

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