Aluminum is one of the most widely used metals in the world. It is the metal to invest in and to invest it in a positive way it is necessary to know which is its producer and distributor number one.
In the case of aluminum, it is China. Have a knowledge of the comings and goings of aluminum with respect to the Chinese Yuan. In some cases, it is not enough to know your changes by the day, so it is necessary to know them by the hour and in other cases by the minute.
Being aware of the satellite markets is also necessary, in the case of Aluminum the second and third place is shared by Russia and India. The two countries are very close geographically to China.
To stay in the loop of changes in aluminum rates in Indian and Russian currencies you need an API that has everything on one platform. Only one has everything from gold to aluminum and at all known rates. You are looking for Metals-API.
With Metals-API.com you can get live real-time precious metals data via API at an accuracy of 2 decimal points. The frequency can be as high as every 60 seconds.
Metals-API’s spot prices are sourced from a very wide base of trade sources and banks around the world, each of them varying types and frequencies. This is aimed towards commercial sources as they more accurately reflect the exchange occurring within the markets.
This guarantees the highest possible level of data coverage and accuracy, our system relies on a very distinct “validation and fallback” algorithm. This relegates different priorities to each data source and validating each metal/forex rate as it enters our databases.
Even if a source fails to deliver an accurate quote, the next highest provider is queried. This enables us to sort out possible inaccuracies. It allows us to provide the vast majority of all spot exchange rates with a precision of six decimal places.
Metals-API.com is used by thousands of developers, SMBs, and large corporations every day. Rock-solid data sources and 6+ years of experience make Metals-API the #1 resource for real-time precious metals rates. You can sign up here.
Also published on Medium.