Top 3 Alternatives to Mining for Precious Metals Rates

Currency plays a big role in the foreign metal industry and the universe of international rates by acting as the medium of exchange in the transactions that occur.

To obtain a metal rate, currencies such as the euro, the French franc, or the Chinese renminbi are widely used around the world. Most businesses that have live and historical precious metal prices have made their APIs (Application Programming Interfaces) available to developers so that they can incorporate current and historical metal rates, exchange rates, and other capacities into their apps.

There are several APIs available online to know about precious metals live and historical prices, and Mining is one of your first options if you want to try one. But if you look at what else is on the market, you’ll find too many better alternatives:

Their gold, silver, platinum, and palladium API feeds are in line with the World Spot Gold Market. They take pricing from multiple media that make their prices accessible to clients and use an algorithm to generate one of the most reliable prices in the industry. Their pricing is used by the world’s most reputable bullion dealers to fuel their stores and applications.

Their service is effective and always available. If you are searching for a live pricing option for your app, platform, or purely for investing purposes, Gold-Feed is the best provider for you. With over ten years of business experience as a business dealer, they discovered that the current technologies are either incredibly expensive or inaccurate. You can rely on Gold-Feed to provide you with service and assistance 24 hours a day, seven days a week. They will even support you with integration if required. Their payments are very affordable, and you will have direct access to the feed after payment.

Currencylayer offers an easy-to-integrate REST API that provides real-time and historical exchange rates for 168 world currencies and precious metals, provided in freely accessible and instantly parsable JSON format and compliant with any program.

The currencylayer API was developed and is managed by apilayer, the business behind industry-leading SaaS apps such as invoicely and eversign, as well as an ever-expanding portfolio of productivity-enhancing API products. With over 4 million customers globally, their goal is to provide companies and individuals with the resources they need to automate the stuff that should be automated and just concentrate on making great products.

The online Forex API market is split into two categories: low-cost yet unstable open-source projects and costly but high-performance Enterprise-class APIs. Currencylayer aims to incorporate the strengths of each into one superior product, providing highly precise, secure, and stable currency exchange rates through a tightly controlled API, making it accessible to small-scale enterprises and entrepreneurs while remaining reasonably priced for larger corporations.

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