Collect Platinum Ask (XPT-ASK) Historical Prices using this API

Metals-API, which provides comprehensive access to historical prices of Platinum and other metals.

About Platinum (XPT)

Metals-API, developers can access historical prices of Platinum (XPT) and leverage this data to build applications that cater to the needs of industries reliant on this precious metal. The API provides a robust platform for querying historical rates, enabling developers to create insightful applications that can analyze trends, forecast prices, and make informed decisions.

Metals-API Overview

Key Features of Metals-API

• 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 crucial for applications that require up-to-the-minute pricing information.
• Historical Rates Endpoint: Historical rates are available for most metals dating back to 2019. Developers can query the API for historical rates by appending a specific date, allowing for in-depth analysis of price trends over time.
• Bid and Ask Endpoint: This powerful feature enables users to retrieve real-time bid and ask prices for metals, providing insights into market dynamics and helping traders make informed decisions.
• Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-metal pricing.
• Time-Series Endpoint: The time-series endpoint allows developers to query the API for daily historical rates between two dates of their choice, facilitating detailed trend analysis.
• Fluctuation Endpoint: This endpoint provides information about how metal prices fluctuate on a day-to-day basis, enabling developers to track volatility and make predictions.
• Open/High/Low/Close (OHLC) Price Endpoint: Developers can access OHLC data for specific time periods, which is essential for technical analysis and trading strategies.
• Lowest/Highest Price Endpoint: This endpoint allows users to query the API to get the lowest and highest price for a specified date, providing insights into market extremes.
• Historical LME Endpoint: Historical rates for LME symbols are accessible through this endpoint, dating back to 2008, which is beneficial for users interested in long-term 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 metal symbols, allowing developers to stay informed about the latest offerings.
• News Endpoint: Users can retrieve the latest news articles related to various metals, keeping them updated on market trends and developments.

Accessing Historical Prices of Platinum (XPT)

Example of Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1752717623,
    "base": "USD",
    "date": "2025-07-17",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

• success: Indicates whether the API request was successful.
• timestamp: The time at which the data was retrieved.
• base: The base currency for the exchange rates.
• date: The specific date for which the historical rates are provided.
• rates: An object containing the exchange rates for various metals, including Platinum (XPT).
• unit: The unit of measurement for the rates, typically per troy ounce.

Practical Use Cases for Historical Data

• Market Analysis: Traders can analyze historical price trends to identify patterns and make informed trading decisions.
• Investment Strategies: Investors can use historical data to evaluate the performance of Platinum as an investment over time.
• Forecasting: By analyzing past price movements, developers can build predictive models to forecast future prices of Platinum.

Understanding API Responses

Response Fields Explained

• success: A boolean value indicating whether the API request was successful. If false, additional error information may be provided.
• timestamp: The Unix timestamp of when the data was retrieved, useful for tracking the freshness of the data.
• base: The base currency used for the exchange rates, typically USD.
• date: The date for which the rates are applicable, allowing users to pinpoint the exact time of the data.
• rates: An object containing the exchange rates for various metals, with each metal symbol as a key and its corresponding rate as the value.
• unit: The unit of measurement for the rates, which is usually per troy ounce, ensuring clarity in data interpretation.

Common Pitfalls and Troubleshooting

• Invalid API Key: Ensure that the API key is correctly included in the request. An invalid key will result in an authentication error.
• Rate Limiting: Be aware of the rate limits associated with your subscription plan. Exceeding these limits may result in temporary access restrictions.
• Incorrect Date Format: Ensure that dates are formatted correctly when querying historical data. The API expects dates in the YYYY-MM-DD format.

Integration Strategies

• Data Caching: Implement caching mechanisms to reduce the number of API calls and improve application performance. This is particularly useful for endpoints that provide static data, such as historical rates.
• Error Handling: Develop robust error handling strategies to gracefully manage API errors and provide meaningful feedback to users.
• Data Validation: Validate input parameters before making API requests to ensure that only valid data is sent to the API.

Performance Optimization

• Batch Requests: If your application requires multiple data points, consider batching requests to minimize the number of API calls.
• Asynchronous Processing: Utilize asynchronous processing to handle API requests without blocking the main application thread, improving user experience.
• Monitor API Usage: Regularly monitor API usage to identify patterns and optimize request strategies accordingly.

Security Considerations

• Secure API Key Storage: Store your API key securely and avoid hardcoding it in your application code.
• HTTPS Protocol: Always use HTTPS to encrypt data transmitted between your application and the API, protecting sensitive information.
• Access Control: Implement access control measures to restrict API access to authorized users only.

Conclusion

Metals-API Documentation and explore the Metals-API Supported Symbols to discover the full range of available metal symbols. Whether you are building a trading application or conducting market analysis, the Metals-API is an invaluable resource for accessing the data you need.