Implementing the API to get LBMA Platinum Pm (LBXPTPM) prices

Implementing the API to get LBMA Platinum Pm (LBXPTPM) prices

In the world of precious metals trading, having access to real-time data is crucial for making informed decisions. The Metals-API provides developers with the tools necessary to access current and historical prices for various metals, including Platinum (XPT). This blog post will delve into the intricacies of the Metals-API, focusing on its capabilities, features, and how it can be utilized to retrieve LBMA Platinum PM prices effectively.

Metals-API Information

About Platinum (XPT)

Platinum, represented by the symbol XPT, is a precious metal that plays a significant role in various industries, particularly in green technology applications and sustainable innovation. Its unique properties make it an essential component in catalytic converters, which help reduce harmful emissions from vehicles. As the world shifts towards clean energy solutions, the demand for Platinum is expected to rise, making it a valuable asset for investors and traders alike.

Moreover, the integration of smart technology in industries has led to innovative applications of Platinum, further enhancing its market value. The ability to track real-time prices and historical data through APIs like Metals-API empowers developers to create applications that can analyze market trends, forecast prices, and provide insights into Platinum's role in the economy.

API Description

The Metals-API is a powerful tool that provides real-time and historical data on various metals, including Platinum. This API is designed to facilitate the development of next-generation applications that require accurate and timely metals data. With its user-friendly interface and comprehensive documentation, developers can easily integrate the API into their applications.

The API's capabilities include retrieving the latest rates, historical data, bid and ask prices, and much more. By leveraging the Metals-API, developers can create applications that not only track prices but also analyze trends, perform conversions, and provide valuable insights into the metals market.

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

The Latest Rates Endpoint provides real-time exchange rate data for Platinum and other metals. Depending on your subscription plan, this endpoint can return updated rates every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need to stay updated on market fluctuations.

{
"success": true,
"timestamp": 1771373687,
"base": "USD",
"date": "2026-02-18",
"rates": {
"XPT": 0.000912
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

For those interested in analyzing past market trends, the Historical Rates Endpoint allows users to access data dating back to 2019. By appending a specific date to the API request, developers can retrieve historical rates for Platinum, enabling them to conduct thorough analyses and make informed predictions.

{
"success": true,
"timestamp": 1771287287,
"base": "USD",
"date": "2026-02-17",
"rates": {
"XPT": 0.000915
},
"unit": "per troy ounce"
}

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for Platinum. This information is crucial for traders looking to execute buy or sell orders at optimal prices. The bid price represents the maximum price that a buyer is willing to pay, while the ask price is the minimum price a seller is willing to accept.

{
"success": true,
"timestamp": 1771373687,
"base": "USD",
"date": "2026-02-18",
"rates": {
"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 traders who need to quickly assess the value of their holdings in different currencies.

{
"success": true,
"query": {
"from": "USD",
"to": "XPT",
"amount": 1000
},
"info": {
"timestamp": 1771373687,
"rate": 0.000912
},
"result": 0.912,
"unit": "troy ounces"
}

Time-Series Endpoint

The Time-Series Endpoint enables users to query the API for daily historical rates between two specified dates. This feature is invaluable for conducting trend analyses and understanding price movements over time.

{
"success": true,
"timeseries": true,
"start_date": "2026-02-11",
"end_date": "2026-02-18",
"base": "USD",
"rates": {
"2026-02-11": {
"XPT": 0.000915
},
"2026-02-18": {
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into how Platinum prices fluctuate on a day-to-day basis. This data is crucial for traders looking to understand market volatility and make informed trading decisions.

{
"success": true,
"fluctuation": true,
"start_date": "2026-02-11",
"end_date": "2026-02-18",
"base": "USD",
"rates": {
"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 allows users to retrieve the open, high, low, and close prices for Platinum over a specified time period. This data is essential for traders looking to analyze price trends and make predictions based on historical performance.

{
"success": true,
"timestamp": 1771373687,
"base": "USD",
"date": "2026-02-18",
"rates": {
"XPT": {
"open": 0.000915,
"high": 0.000918,
"low": 0.000910,
"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 traders and analysts looking to understand long-term trends in the Platinum market.

API Key and Authentication

To access the Metals-API, developers must obtain an API key, which is a unique identifier passed into the API base URL's access_key parameter. This key is essential for authenticating requests and ensuring secure access to the API's features.

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 invaluable for developers looking to integrate multiple metal data into their applications.

Conclusion

In conclusion, the Metals-API is an invaluable resource for developers looking to access real-time and historical data for Platinum and other precious metals. With its extensive range of features, including the Latest Rates, Historical Rates, and various conversion endpoints, the API empowers developers to create innovative applications that can analyze market trends and provide insights into the metals market. By leveraging the capabilities of the Metals-API, developers can enhance their applications and provide users with the tools they need to make informed trading decisions.

For more information on how to implement the Metals-API in your projects, be sure to check out the Metals-API Documentation. This resource provides comprehensive guidance on using the API effectively, including detailed descriptions of each endpoint and practical implementation strategies.