Where To Get Precious Metals API in Brazilian Reals?

TheStartupFounder.com
2 min readSep 15, 2021

--

It’s no surprise that Brazil is one big player in the import and export of precious metals. In 2019, the country exported $21,4 million in that area. That’s what gave them the spot number 26 on the list of countries that most metals export in the world.

Brazilian metals often go to Japan, China, Germany, South Korea, and Chile. Meanwhile, their imports come from Australia, Canada, Israel, and the United States. In 2019, Brazil imported $79,2 million in precious metals, which gave them the spot number 47 in the world.

Knowing this, we can confidently say that it’s important for every businessman in Brazil to know how to get precious metals API in Brazilian reals. So, how do they get it? We recommend Metals-API.com, a free API that delivers precious metals market data.

This website has a 2 decimal point precision and you can refresh the information every hour. If you pay for the annual plans, you can access new information every minute. You will also have more API calls per month, but you count with a total of 50 if you continue with the free plan.

What is Metals-API?

Metals-API.com gives you the price of the most important metals in the world, such as gold, silver, platinum, and palladium. The information given by the website can be integrated into spreadsheets, other websites, mobile apps, among others.

So, where does this information come from? Metals-API collects it from over 15 reliable data sources every minute. These sources include banks and financial data providers. Because of that, the price that you receive is highly accurate.

Main Features

The website is directed at commercial sources since they reflect more accurately the exchange occurring between the markets. You can also check the prices in different currencies as many times as you like.

Besides, the Metals-API API delivers EOD / End of Day historical exchange rates, which become available at 00:05 am GMT for the previous day and are time-stamped at one second before midnight.

Originally published at TheStartupFounder.com.

--

--