A commodity is a basic good that is produced and sold in large quantities by many different producers. Examples of commodities include corn, gold, crude oil, and silver. Commodities are frequently traded on commodity exchanges and are considered to be a form of money. Commodities are a popular investment due to their tendency to track the movement of the economy and inflation. In order to integrate an API into your website, you need to have an understanding of the basics of the API and what it can do for your business.
Commodity price API: The newest API on the market is the Commodity price API. This API allows you to retrieve current and historical commodity pricing information, including futures prices and spot prices for a variety of commodities, including metals, energy, agriculture, and more. This API also allows you to retrieve data on monthly, yearly, or quarterly pricing as well as bid and ask prices. This API is available in REST format and is very user-friendly. Other great features include historical pricing data that is updated daily; a user-friendly interface that makes it easy to get the data you need; and the ability to access data from past years as far back as 1980. The Commodity Prices API is a great option for both businesses and individuals who need access to current and historical commodity pricing data. This API is a great option for businesses who need access to current commodity pricing data or historical pricing data for an analytics or reporting purposes. This API is also a great option for individuals who are looking for an easy way to track commodity prices over time or who are interested in learning more about investing in commodities. With this API, you’ll receive the latest commodity prices and other information that can help you make better business decisions!
Check different Commodity rates with this API. Get the latest price, prices per date, open, close, and much more.
To make use of it, you must first:
1- Go to Commodities 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.