Would you like to invest in the world of jewelry? Do you need an API to keep up to date with the prices of different metals? Well, we have the solution to your problems, it is a tool that will surely be useful to you. It is the best precious metals API.
There are various metals featured in the world of jewelry. A complete list would include not only precious metals (noble metals) such as gold, silver or platinum, but also certain non-precious metals (base metals) such as copper, tungsten, iron, titanium, zinc and nickel. But to invest in jewelry, it is important to understand what a piece of jewelry is made of. It is very rare to find a piece of jewelry that is 100% pure metal only. What is sold as “gold jewelry” is really a mixture of pure gold with other metals.
Precious metals have certain characteristics that we all admire, such as their brightness, their beauty, their rarity, their price, etc. However, no metal has all the qualities necessary to make durable jewelry, so jewelers often mix precious metals with base metals to adjust the characteristics of the metal. A gold ring would be useless, if it were to break, it is better to combine it with another metal and obtain a ring that will last over time. Today you can find jewelry made from non-precious metals like tungsten, stainless steel, and titanium.
As demonstrated above, not only the prices of famous metals such as gold, silver, platinum, etc., but also of other less “pretty” metals are needed. For this reason, you will need an API that gives you prices for as many metals as possible. Fortunately for you, we have what you are looking for. Its name is Metals-API and it will offer you the prices of all the metals you need.
Why Metals-API?
You are probably wondering, “why should I use this service?”. There are many reasons and one of them is its excellent sources of information, which justify why Metals-API is synonymous with reliability. Currently, it works with several commodity exchanges such as the London Metal Exchange (LME), the Chicago Board of Trade (CBOT), the Bombay Stock Exchange (BSE), among others. And don’t worry about the currency, it is very likely that the currency of your country is included, as well as 170 other currencies from around the world.
Another important feature is that all metal data is obtained in real time, with an accuracy of 2 decimal places and a frequency of up to every 60 seconds. Capabilities include delivery of precious metal exchange rates, return of time series data, fluctuation data, and the lowest and highest price of any day.
And regarding the price of this system, there are 2 answers to your question. There is a free version, but this option is only recommended for those who do not need to update metal prices as often. But there are also six paid plans, which will offer better benefits. Prices for these plans range from $10 to $1,200 per year (not monthly).
If you have any questions, remember that on the website you will find a manual about how this system works. But if there is something you don’t understand, there is a virtual chat, always online from 9 a.m. to 6 p.m. (GMT+1).
Also published on Medium.