Understand How to Get LBMA Platinum Pm (LBXPTPM) Historical Prices using this API
Introduction
Understanding how to get LBMA Platinum PM (LBXPTPM) historical prices is essential for developers and analysts working in the precious metals market. The Metals-API provides a powerful platform for accessing real-time and historical data on various metals, including platinum. This blog post will delve into the intricacies of the Metals-API, focusing on how to retrieve historical prices for platinum and explore its applications in green technology, sustainable innovation, and digital transformation.
Metals-API Information
About Platinum (XPT)
Platinum, represented by the symbol XPT, is a precious metal that plays a crucial role in various industries, particularly in green technology applications. Its unique properties make it an ideal catalyst in fuel cells, which are essential for clean energy solutions. As the world shifts towards sustainable innovation, platinum's demand is expected to rise, making it a valuable asset for investors and developers alike.
The integration of smart technology in the mining and refining processes of platinum is also noteworthy. Digital transformation in these sectors enhances efficiency and reduces environmental impact, aligning with global sustainability goals. By leveraging real-time data from the Metals-API, developers can create applications that monitor platinum prices, analyze trends, and make informed decisions based on historical data.
API Description
The Metals-API is a comprehensive JSON API that provides access to real-time and historical prices of various metals, including platinum. It empowers developers to build next-generation applications by offering innovative features that facilitate data retrieval and analysis. With its user-friendly interface and extensive documentation, the Metals-API allows for seamless integration into existing systems.
For more information, refer to the Metals-API Documentation, which outlines the capabilities and functionalities of the API in detail.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different data retrieval needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is crucial for developers who need up-to-the-minute pricing information to inform trading decisions or market analysis.
{
"success": true,
"timestamp": 1768004373,
"base": "USD",
"date": "2026-01-10",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
The Historical Rates Endpoint allows users to access historical exchange rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
{
"success": true,
"timestamp": 1767917973,
"base": "USD",
"date": "2026-01-09",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Bid And Ask Endpoint
This powerful feature enables developers to retrieve real-time bid and ask prices for metals. Depending on the subscription plan, this endpoint can provide critical insights into market conditions, helping traders make informed decisions.
{
"success": true,
"timestamp": 1768004373,
"base": "USD",
"date": "2026-01-10",
"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"
}
Convert Endpoint
The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for financial analysts who need to assess the value of metals in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1768004373,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Time-Series Endpoint
The Time-Series Endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is essential for conducting thorough market analyses and understanding price movements over time.
{
"success": true,
"timeseries": true,
"start_date": "2026-01-03",
"end_date": "2026-01-10",
"base": "USD",
"rates": {
"2026-01-03": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-01-05": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-01-10": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Fluctuation Endpoint
Using the Fluctuation Endpoint, developers can track how metal prices fluctuate between two dates. This data is crucial for understanding market volatility and making informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2026-01-03",
"end_date": "2026-01-10",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint provides detailed pricing data, including the open, high, low, and close prices for a specific time period. This information is vital for traders who rely on technical analysis to make decisions.
{
"success": true,
"timestamp": 1768004373,
"base": "USD",
"date": "2026-01-10",
"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"
}
Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols dating back to 2008. This endpoint is particularly useful for developers working with industrial metals and seeking long-term pricing data.
API Key and Response
Your API Key is a unique identifier that must be included in the API request to authenticate your access. The API responses are delivered in JSON format, with exchange rates typically relative to USD. Understanding the structure of the API response is crucial for effective data handling.
Available Endpoints
The Metals-API offers a total of 14 endpoints, each designed to provide specific functionalities. For a complete list of supported symbols and their specifications, refer to the Metals-API Supported Symbols page.
Conclusion
In conclusion, the Metals-API is an invaluable resource for developers and analysts seeking to access historical prices for platinum and other metals. By leveraging its extensive features, including real-time rates, historical data, and various endpoints, users can create sophisticated applications that enhance their understanding of the precious metals market. The integration of this API into trading platforms, financial analysis tools, and market research applications can significantly improve decision-making processes.
For further exploration, visit the Metals-API Website and dive into the comprehensive documentation to unlock the full potential of this powerful API.