Access LBMA Platinum Pm (LBXPTPM) prices using this API for real-time data
Access LBMA Platinum Pm (LBXPTPM) Prices Using This API for Real-Time Data
In today's fast-paced financial landscape, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access live prices for various metals, including Platinum (XPT). This blog post will delve into the intricacies of the Metals-API, its capabilities, and how it can be leveraged to access LBMA Platinum PM prices efficiently.
About Platinum (XPT)
Platinum, represented by the symbol XPT, is a precious metal that has gained significant traction in various industries, particularly in green technology applications. As the world shifts towards sustainable innovation and clean energy solutions, Platinum plays a pivotal role in catalyzing chemical reactions in fuel cells, which are essential for hydrogen-powered vehicles. Its unique properties make it an ideal candidate for smart technology integration, enabling advancements in digital transformation across multiple sectors.
Moreover, the demand for Platinum is not limited to automotive applications; it is also utilized in jewelry, electronics, and medical devices. As developers and businesses seek to harness the potential of this precious metal, having access to real-time pricing data becomes imperative. This is where the Metals-API comes into play, providing a robust platform for accessing live market data.
API Description
The Metals-API is a powerful tool that allows developers to access real-time and historical data for various metals, including Platinum. With its innovative architecture, the API empowers users to build next-generation applications that can analyze market trends, perform currency conversions, and track price fluctuations. The API's capabilities extend beyond mere data retrieval; it enables developers to create applications that can respond dynamically to market changes, thereby enhancing user experience and decision-making processes.
For detailed information on how to implement the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on utilizing the API's features effectively.
Key Features and Endpoints
The Metals-API offers a variety of endpoints, each designed to cater to specific 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 can return updates every 60 minutes, every 10 minutes, or even more frequently. This ensures that users have access to the most current market prices.
- Historical Rates Endpoint: Users can access historical rates 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.
- Bid And Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for Platinum. Understanding the bid-ask spread is crucial for traders and investors looking to make informed decisions.
- Convert Endpoint: The API includes a currency conversion feature that allows users to convert amounts from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
- Time-Series Endpoint: Developers can query the API for daily historical rates between two specified dates. This endpoint is essential for analyzing price movements over time.
- Fluctuation Endpoint: This feature provides insights into how prices fluctuate on a day-to-day basis, helping users understand market volatility.
- Carat Endpoint: Users can retrieve information about Gold rates by Carat, which is useful for jewelers and those in the luxury goods market.
- Lowest/Highest Price Endpoint: This endpoint allows users to query the API for the lowest and highest prices of Platinum over a specified period, aiding in market analysis.
- Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for Platinum, which are critical for technical analysis.
- Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, offering a comprehensive view of market trends.
- API Key: Each user is assigned a unique API key that must be included in API requests to authenticate access.
- API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data presentation.
- Available Endpoints: The Metals-API includes 14 different endpoints, each serving a unique function, allowing for extensive data retrieval and manipulation.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available metal symbols, 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.
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 the API's response structure is crucial for effective implementation. Below are examples of various API endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1762495534,
"base": "USD",
"date": "2025-11-07",
"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 that the API successfully retrieved the latest rates for various metals, including Platinum (XPT), which is priced at 0.000912 per troy ounce.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1762409134,
"base": "USD",
"date": "2025-11-06",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This example shows the historical rates for a specific date, allowing users to analyze past pricing trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-10-31",
"end_date": "2025-11-07",
"base": "USD",
"rates": {
"2025-10-31": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-02": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-07": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
This response provides a time-series view of the rates for Platinum, enabling users to track price changes over a specified period.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1762495534,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how the conversion endpoint works, allowing users to convert amounts between different metals and currencies.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-31",
"end_date": "2025-11-07",
"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 detailed information about price fluctuations for Platinum over a specified period, including percentage changes.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1762495534,
"base": "USD",
"date": "2025-11-07",
"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, allowing them to analyze market trends based on opening, closing, high, and low prices.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1762495534,
"base": "USD",
"date": "2025-11-07",
"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 the current bid and ask prices for Platinum, essential for traders looking to execute buy or sell orders.
Conclusion
In conclusion, the Metals-API offers a comprehensive suite of tools for accessing real-time and historical data for Platinum and other metals. By leveraging its various endpoints, developers can create applications that provide valuable insights into market trends, facilitate currency conversions, and track price fluctuations. The API's robust architecture and extensive documentation make it an invaluable resource for technically proficient developers looking to integrate metal pricing data into their applications.
For further exploration of the API's capabilities, be sure to check out the Metals-API Documentation and the Metals-API Supported Symbols page. With the right tools and knowledge, you can harness the power of real-time metals data to drive innovation and enhance decision-making in your projects.