How to Retrieve Platinum Bid (XPT-BID) Historical Prices with this API

In the ever-evolving landscape of precious metals trading, the ability to access and analyze historical prices is crucial for informed decision-making. For developers and traders alike, the Metals-API provides a powerful solution for retrieving real-time and historical data on various metals, including Platinum (XPT). This blog post will delve into the capabilities of the Metals-API, focusing on how to effectively retrieve historical prices for Platinum, while also exploring the broader implications of this data in the context of green technology, sustainable innovation, and digital transformation.

Metals-API Information

The Metals-API is a robust JSON API that offers real-time and historical data for precious metals. It empowers developers to create applications that require accurate and timely information about metal prices, making it an essential tool for anyone involved in the trading or analysis of metals. With its extensive range of endpoints, the API allows users to access the latest rates, historical data, and even perform conversions between different metals and currencies.

About Platinum (XPT)

Platinum is a precious metal known for its rarity and unique properties, making it highly sought after in various industries. Its applications extend beyond traditional jewelry and investment; it plays a pivotal role in green technology, particularly in catalytic converters for vehicles, which help reduce harmful emissions. As the world shifts towards sustainable innovation and clean energy solutions, the demand for Platinum is expected to rise. Furthermore, the integration of smart technology in industries is driving the need for accurate and real-time data, making APIs like Metals-API indispensable.

API Description

The Metals-API is designed to provide developers with the tools necessary to build next-generation applications that leverage real-time metals data. With its user-friendly interface and comprehensive documentation, developers can quickly integrate the API into their systems. The API supports various endpoints, each serving a specific purpose, from retrieving the latest rates to accessing historical data dating back to 2019.

For detailed information on how to use the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on authentication, endpoint usage, and response handling, ensuring that developers can effectively utilize the API's capabilities.

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 metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes or every 10 minutes, ensuring you have the most current information at your fingertips.
Historical Rates Endpoint: Access historical rates for most metals dating back to 2019. By appending a specific date to your query, you can retrieve past prices, which is essential for trend analysis and forecasting.
Bid And Ask Endpoint: This feature allows you to retrieve real-time bid and ask prices for metals, providing insight into market conditions and helping traders make informed decisions.
Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for traders dealing in multiple currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is invaluable for analyzing price trends over specific periods.
Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and helping traders strategize accordingly.
Open/High/Low/Close (OHLC) Price Endpoint: Retrieve OHLC data for a specific time period, which is crucial for technical analysis and understanding market movements.
Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices within a specified date range, aiding in market analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a long-term view of price trends.
API Key: Your unique API key is essential for accessing the API. It must be included in your requests to authenticate your access.
API Response: The API returns exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring you have the latest information.
News Endpoint: Retrieve the latest news articles related to various metals, keeping you informed about 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. This resource is essential for developers looking to integrate specific metals into their applications.

API Endpoint Examples and Responses

Understanding the API's response structure is crucial for effective implementation. Below are examples of responses from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1746058122,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

This response indicates a successful request, providing the latest rates for various metals, including Platinum (XPT). The rates are expressed per troy ounce, which is the standard measurement for precious metals.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745971722,
    "base": "USD",
    "date": "2025-04-30",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows a successful retrieval of historical rates for a specific date. Developers can use this data to analyze past price movements and make informed trading decisions.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-24",
    "end_date": "2025-05-01",
    "base": "USD",
    "rates": {
        "2025-04-24": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-26": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-01": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for the specified period, allowing developers to visualize trends and fluctuations in Platinum prices over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746058122,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert an amount from one currency to another. In this case, it shows the conversion of USD to Gold (XAU), which is useful for traders dealing in multiple metals.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-24",
    "end_date": "2025-05-01",
    "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"
}

The fluctuation endpoint provides insights into how prices have changed over a specified period, which is essential for understanding market dynamics and making strategic decisions.

OHLC (Open/High/Low/Close) Endpoint

{
    "success": true,
    "timestamp": 1746058122,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

This endpoint provides critical data for traders who rely on technical analysis. The OHLC data helps in understanding price movements and making predictions based on historical performance.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1746058122,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

The bid/ask response provides essential information for traders looking to execute orders. Understanding the spread between bid and ask prices is crucial for optimizing trading strategies.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers and traders seeking to access real-time and historical data on precious metals, including Platinum (XPT). By leveraging the API's extensive features, users can gain insights into market trends, make informed trading decisions, and contribute to the broader goals of sustainability and innovation in the metals industry. Whether you are looking to analyze historical prices, track fluctuations, or convert between metals, the Metals-API provides the tools necessary for success.

For more information on how to implement these features, visit the Metals-API Documentation. To explore the full range of supported symbols, check out the Metals-API Supported Symbols page. With the right tools and knowledge, you can harness the power of real-time metals data to drive your trading strategies and contribute to a sustainable future.

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Knowledge Base

How to Retrieve Platinum Bid (XPT-BID) Historical Prices with this API