Access LBMA Platinum Pm (LBXPTPM) prices via this API

Access LBMA Platinum Pm (LBXPTPM) Prices via this API
In the world of precious metals, Platinum (XPT) stands out not only for its rarity but also for its diverse applications in various industries, including green technology and clean energy solutions. Accessing real-time prices for Platinum is crucial for developers and businesses involved in trading, investment, and manufacturing. The Metals-API provides a robust solution for accessing LBMA Platinum PM prices, enabling developers to integrate real-time and historical data into their applications seamlessly.
About Platinum (XPT)
Platinum is a precious metal that has gained significant attention due to its unique properties and applications. It is widely used in catalytic converters, jewelry, and various industrial processes. As the world shifts towards sustainable innovation and clean energy solutions, Platinum's role in green technology becomes increasingly important. For instance, its use in hydrogen fuel cells and electric vehicle batteries highlights its potential in the transition to a low-carbon economy.
Moreover, the integration of smart technology in industries utilizing Platinum is transforming how these sectors operate. The digital transformation of manufacturing processes, driven by data analytics and automation, is enhancing efficiency and reducing waste. As a result, the demand for real-time data on Platinum prices is more critical than ever.
API Description
The Metals-API is a powerful tool that provides developers with access to real-time and historical prices for various metals, including Platinum. This API is designed to empower developers to build next-generation applications that require accurate and timely metals data. With its innovative capabilities, the Metals-API allows users to retrieve exchange rates, historical data, and perform conversions, all through a simple and intuitive interface.
For more information, visit the Metals-API Website or check the Metals-API Documentation for detailed guidance on implementation.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Platinum and other metals. Depending on your subscription plan, the API updates this data every 60 minutes or every 10 minutes, ensuring you have the most current information at your fingertips.
- Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows you to query the API for specific dates, enabling you to analyze trends and make informed decisions based on past performance.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices for Platinum. This feature is essential for traders looking to make quick decisions based on market fluctuations.
- Convert Endpoint: Easily convert amounts from one metal to another or to/from USD. This endpoint simplifies transactions and calculations for businesses dealing with multiple currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing price trends over specific periods.
- Fluctuation Endpoint: Track how Platinum prices fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders and investors make informed decisions.
- Carat Endpoint: Retrieve information about Gold rates by Carat, which can be useful for jewelers and manufacturers.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest price for Platinum over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Access detailed OHLC data for Platinum, which is crucial for technical analysis and trading strategies.
- Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008, providing a comprehensive view of market trends.
- API Key: Your unique API key is essential for accessing the API. It must be included in the API base URL's access_key parameter to authenticate your requests.
- API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
- Available Endpoints: The API offers multiple endpoints, each providing different functionalities to meet diverse user needs.
- Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
- Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, useful for regional traders.
- News Endpoint: Stay updated with the latest news articles related to various metals, helping you keep track of market developments.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of various endpoints and their responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals.
{
"success": true,
"timestamp": 1746327621,
"base": "USD",
"date": "2025-05-04",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999.
{
"success": true,
"timestamp": 1746241221,
"base": "USD",
"date": "2025-05-03",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period.
{
"success": true,
"timeseries": true,
"start_date": "2025-04-27",
"end_date": "2025-05-04",
"base": "USD",
"rates": {
"2025-04-27": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-04-29": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-05-04": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
Convert any amount from one metal to another or to/from USD.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1746327621,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates.
{
"success": true,
"fluctuation": true,
"start_date": "2025-04-27",
"end_date": "2025-05-04",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"XPT": {
"start_rate": 0.000915,
"end_rate": 0.000912,
"change": -3.0e-6,
"change_pct": -0.33
}
},
"unit": "per troy ounce"
}
OHLC (Open/High/Low/Close) Endpoint
Get OHLC data for a specific time period.
{
"success": true,
"timestamp": 1746327621,
"base": "USD",
"date": "2025-05-04",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.00091,
"close": 0.000912
}
},
"unit": "per troy ounce"
}
Bid/Ask Endpoint
Get current bid and ask prices for metals.
{
"success": true,
"timestamp": 1746327621,
"base": "USD",
"date": "2025-05-04",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
Accessing LBMA Platinum PM prices through the Metals-API provides developers with a powerful tool to integrate real-time and historical data into their applications. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and Bid/Ask Endpoint, the API offers comprehensive capabilities for trading, analysis, and decision-making. The ability to convert currencies and track fluctuations further enhances its utility for businesses and developers alike.
For those looking to leverage the power of metals data, the Metals-API is an invaluable resource. By understanding the various endpoints and their functionalities, developers can create innovative applications that meet the demands of the evolving market. To get started, explore the Metals-API Documentation and familiarize yourself with the available features and capabilities.
In summary, the Metals-API not only simplifies access to precious metals data but also empowers developers to build sophisticated applications that can adapt to the dynamic landscape of the metals market. Whether you are a trader, investor, or developer, the Metals-API is your gateway to the future of metals data integration.