MetalsAPI is a unique API that offers access to a large assortment of data from several different metals types, including gold, silver, copper, and tin.
Metals API allows users to access precious metals data and historical pricing data for gold, silver, copper, and tin.
To understand how the API works, first we must address the question of how metals are priced. The price of a commodity is the amount of money that a buyer must pay a seller to acquire it. The price of a commodity can fluctuate depending on many factors, including supply and demand. Additionally, the price of metals changes throughout the trading day.
For this reason, there are several metals pricing systems. Some pricing systems are based on the spot price of a commodity and how it changes over time. Other pricing systems are based on futures prices. This allows buyers and sellers to agree on a price in advance without having to wait for the future sale or purchase to take place.
What Is The NodeJS?
The API is capable of delivering real-time precious metals rate data.
To make use of it, you must first:
1- Go to Metals API and simply click on the button “Subscribe for free” to start using the API.
2- After signing up in Zyla API Hub, you’ll be given your personal API key. Using this one-of-a-kind combination of numbers and letters, you’ll be able to use, connect, and manage APIs!
3- Employ the different API endpoints depending on what you are looking for.
4- Once you meet your needed endpoint, make the API call by pressing the button “run” and see the results on your screen.