Query Platinum Continuous Contract (PL00) Historical Prices via this API

In the world of precious metals trading, having access to accurate and timely historical price data is crucial for making informed decisions. For developers and traders alike, the Metals-API provides a robust solution for querying historical prices of 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 and explore the innovative applications of this data in various sectors.

About Platinum (XPT)

Platinum is a precious metal that has garnered significant attention due to its unique properties and applications. It is not only valued for its rarity but also for its role in various industries, particularly in green technology and sustainable innovation. As the world shifts towards cleaner energy solutions, Platinum has emerged as a key player in the development of catalytic converters for vehicles, which help reduce harmful emissions. Additionally, its use in hydrogen fuel cells positions it as a vital component in the transition to a hydrogen economy.

Moreover, the integration of smart technology in mining and refining processes has enhanced the efficiency and sustainability of Platinum production. Digital transformation in the industry allows for better tracking of resources, reducing waste and environmental impact. As developers and businesses seek to leverage these advancements, access to real-time and historical data becomes essential.

Metals-API Overview

The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including Platinum. This API is designed to empower developers to build next-generation applications that can analyze market trends, track price fluctuations, and make informed trading decisions. With its extensive capabilities, the Metals-API stands out as a leader in the field of metals data.

One of the key features of the Metals-API is its ability to provide historical rates dating back to 2019. This allows users to query the API for historical prices by appending a specific date to the request. The API's architecture is built to handle large volumes of data efficiently, making it suitable for applications that require real-time analytics and historical comparisons.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the most significant features:

Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market movements.
Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a date to the API request, developers can retrieve historical price data for Platinum, which is invaluable for trend analysis and forecasting.
Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for Platinum and other metals. Understanding the spread between these prices is crucial for making informed trading decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. It is ideal for analyzing price movements over specific periods.
Fluctuation Endpoint: Users can track how prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed price information, including the opening, highest, lowest, and closing prices for a specific date. This data is crucial for technical analysis.
Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for Platinum over a specified period, which is essential for understanding market extremes.
Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of market trends.
API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metals, ensuring users have access to the latest information.
News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective integration. Here are some examples of the JSON responses you can expect from various endpoints:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1751155635,
    "base": "USD",
    "date": "2025-06-29",
    "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 provides the latest exchange rates for various metals, including Platinum (XPT). The "rates" object contains the current price per troy ounce, which is essential for traders looking to make immediate decisions.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1751069235,
    "base": "USD",
    "date": "2025-06-28",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows historical rates for a specific date, allowing developers to analyze past performance and trends for Platinum.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-06-22",
    "end_date": "2025-06-29",
    "base": "USD",
    "rates": {
        "2025-06-22": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-24": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-29": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The time-series response provides daily rates for a specified period, which is invaluable for trend analysis and forecasting.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1751155635,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response illustrates how to convert an amount from one metal to another, providing the conversion rate and the result in troy ounces.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-22",
    "end_date": "2025-06-29",
    "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"
}

This response provides insights into how prices fluctuate over a specified period, which is essential for understanding market dynamics.

OHLC (Open/High/Low/Close) Price Endpoint

{
    "success": true,
    "timestamp": 1751155635,
    "base": "USD",
    "date": "2025-06-29",
    "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"
}

The OHLC response provides a comprehensive view of price movements within a specific timeframe, which is crucial for traders employing technical analysis strategies.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1751155635,
    "base": "USD",
    "date": "2025-06-29",
    "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"
}

This response provides current bid and ask prices, allowing traders to assess market conditions and make timely decisions.

Practical Use Cases and Integration Strategies

Integrating the Metals-API into your applications can unlock numerous possibilities. Here are some practical use cases:

Trading Platforms: Developers can build trading platforms that utilize real-time and historical data to provide users with insights into market trends, enabling them to make informed trading decisions.
Financial Analytics Tools: By leveraging the API's historical data, financial analysts can create tools that analyze price movements, helping businesses forecast future trends and make strategic decisions.
Investment Portfolios: Investors can use the API to track the performance of their metal investments, allowing them to adjust their portfolios based on market conditions.
Research and Development: Researchers can utilize the API to gather data for studies on market behavior, price fluctuations, and the impact of global events on metal prices.

Common Developer Questions

As developers integrate the Metals-API into their applications, they may encounter common questions:

How do I authenticate my API requests? Each request must include your unique API key in the access_key parameter to authenticate your access.
What is the rate limit for API requests? The rate limit varies based on your subscription plan. It's essential to monitor your usage to avoid exceeding the limits.
How do I handle errors in API responses? The API provides error codes and messages in the response, which can be used to troubleshoot issues and implement recovery strategies.

Conclusion

Accessing historical prices for Platinum through the Metals-API opens up a world of possibilities for developers and traders alike. With its extensive features, including real-time rates, historical data, and various endpoints, the Metals-API empowers users to make informed decisions based on accurate data. Whether you're building a trading platform, financial analytics tool, or conducting research, the Metals-API provides the necessary resources to succeed in the dynamic world of precious metals.

For more information on how to get started, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. Embrace the power of real-time metals data and transform your applications today!

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Query Platinum Continuous Contract (PL00) Historical Prices via this API