If you are searching for an API that gives you nickel rates in PHP you came to the right place.
Nickel and its compounds are required in the production of a wide range of items that we rely on in our everyday lives. Reflecting this wide range of applications, Canada is the country with the highest global output of this metal, exporting to more than 100 countries in the previous year. Canada produced 167,000 tonnes of nickel in 2020, ranking sixth in global mining output. In 2020, Canada’s nickel and nickel-based product exports were valued at $3.9 billion.
Because of all of these realities, you should be aware that having access to nickel rates may be critical to the profitability of your firm. To obtain this information in PHP, an API, which is a user interface that exposes data acquired from a specific location, may be utilized. This offers you a large amount of data in a short period.
How Does PHP Function?
The PHP (Hypertext Preprocessor) programming language is a general-purpose programming language that may be used to create dynamic and interactive web pages. It was one of the first server-side languages to be integrated into HTML, making it easy to add functionality to webpages without the need for data from separate files. Its functionality has grown as a consequence of regular upgrades that add new features and expand its capabilities.
PHP is not utilized by every API for data transport. As a result, we recommend that you use Metals-API, one of the most well-known and comprehensive APIs for precious metals pricing, to help you make better investing decisions. Metal prices, both current and historical, will be presented. Price fluctuation data may also be used to study pricing changes.
Follow these procedures to receive your API key:
- You may generate an API key at www.metals-API.com.
- On the website’s list, look for the nickel symbol (NI).
- Before using the API, add these metal and currency symbols to the list. You may also choose from a variety of programming languages and rate types, such as historical and spot pricing.
- Finally, press the “Run” button.
The API will display the following information:
// set API Endpoint and API key
$endpoint = 'latest';
$access_key = 'API_KEY';
// Initialize CURL:
$ch = curl_init('https://metals-api.com/api/'.$endpoint.'?access_key='.$access_key.'');
curl_setopt($ch, CURLOPT_RETURNTRANSFER, true);
// Store the data:
$json = curl_exec($ch);
curl_close($ch);
// Decode JSON response:
$exchangeRates = json_decode($json, true);
// Access the exchange rate values, e.g. GBP:
echo $exchangeRates['rates']['GBP'];
Why Metals-API
Metals-API is visited regularly by a large number of developers, small businesses, and large enterprises. This API is used by over 500 businesses, including Barrick Gold, Chainlink, and Glencore. They may use this tool to quickly and simply obtain the current global market value for any metal.
Metals-API is the most credible source for real-time precious metals rates since it receives data every minute from roughly 15 reputable data sources, such as financial institutions. Many programming languages, such as JSON, Python, and PHP, may be used to create real-time apps and software from data. There are also over 170 commodities and currencies to pick from.