Obtain Historical Price Information for Platinum Sep 2025 (PLU25) with this API
Obtain Historical Price Information for Platinum Sep 2025 (PLU25) with this API
In the world of precious metals, platinum (symbol: XPT) stands out not only for its rarity but also for its diverse applications in various industries, including green technology and sustainable innovation. As developers and businesses seek to leverage real-time data for informed decision-making, the Metals-API provides a robust solution for accessing historical price information and current rates for platinum and other metals. This blog post will delve into the capabilities of the Metals-API, focusing on how to obtain historical prices for platinum, particularly for the September 2025 contract (PLU25).
About Platinum (XPT)
Platinum is a precious metal that has gained significant attention due to its applications in green technology, particularly in catalytic converters for vehicles, which help reduce harmful emissions. As the world shifts towards sustainable energy solutions, the demand for platinum is expected to rise. Furthermore, its role in digital transformation and smart technology integration cannot be overlooked. The versatility of platinum makes it a critical component in various sectors, including electronics, jewelry, and even medical devices.
As developers and businesses look to harness the potential of platinum in their applications, having access to accurate and timely historical price data becomes essential. This is where the Metals-API shines, offering a suite of endpoints that allow users to query and retrieve valuable data regarding platinum prices.
Metals-API Overview
The Metals-API is a powerful tool designed for developers who need real-time and historical data on metal prices. With a focus on innovation and technological advancement, this API empowers users to build next-generation applications that can analyze market trends, perform financial modeling, and support trading strategies. The API provides access to a variety of endpoints, each tailored to meet specific data needs.
One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data, updated frequently based on the user's subscription plan. This means that developers can integrate live data into their applications, ensuring that users have the most current information at their fingertips.
Key Features and Endpoints
The Metals-API offers a comprehensive range of endpoints that cater to various data requirements. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. For example, querying the latest rates for platinum will return the current price per troy ounce.
- Historical Rates Endpoint: Users can access historical rates for platinum dating back to 2019. By appending a specific date to the API request, developers can retrieve the price of platinum on that date, which is crucial for market analysis and trend evaluation.
- Bid and Ask Endpoint: This feature allows users to retrieve real-time bid and ask prices for platinum, providing insights into the current market sentiment and liquidity.
- Convert Endpoint: The Metals-API includes a currency conversion feature that enables 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: This endpoint allows users to query daily historical rates between two specified dates, making it easier to analyze price movements over time.
- Fluctuation Endpoint: Users can track how platinum prices fluctuate between two dates, 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 platinum over a specified period.
- Historical LME Endpoint: For those interested in LME symbols, this endpoint provides historical rates dating back to 2008, allowing for comprehensive market analysis.
- News Endpoint: The Metals-API also includes a news feature that retrieves the latest articles related to various metals, keeping users informed about market developments.
Example API Responses
Understanding the structure of API responses is crucial for effective integration. Below are examples of JSON responses for various endpoints:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1766794581,
"base": "USD",
"date": "2025-12-27",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
{
"success": true,
"timestamp": 1766708181,
"base": "USD",
"date": "2025-12-26",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-20",
"end_date": "2025-12-27",
"base": "USD",
"rates": {
"2025-12-20": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-22": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-27": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1766794581,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Practical Use Cases
Integrating the Metals-API into applications can unlock numerous possibilities for developers. Here are some practical use cases:
- Financial Applications: Developers can create applications that track the historical performance of platinum, allowing investors to make informed decisions based on past trends.
- Market Analysis Tools: By utilizing the time-series and fluctuation endpoints, analysts can build tools that visualize price movements and predict future trends based on historical data.
- Trading Platforms: Real-time bid and ask prices can be integrated into trading platforms, providing users with the necessary information to execute trades effectively.
- Research and Reporting: The news endpoint can be used to aggregate the latest articles and reports related to platinum, helping researchers stay updated on market developments.
Common Developer Questions
As developers explore the capabilities of the Metals-API, they may encounter common questions regarding its implementation:
- How do I authenticate with the API? Authentication is done using an API key, which must be included in the request URL as the access_key parameter.
- What are the rate limits for API requests? Rate limits depend on the subscription plan chosen. Users should refer to the Metals-API Documentation for specific details.
- How can I handle errors in API responses? The API provides error codes and messages in the response, which can be used to troubleshoot issues effectively.
Conclusion
In conclusion, the Metals-API offers a comprehensive solution for accessing historical price information for platinum and other metals. With its array of endpoints, developers can create innovative applications that leverage real-time and historical data to drive decision-making in financial markets. By understanding the capabilities of the API and integrating it effectively, businesses can stay ahead in the rapidly evolving landscape of precious metals.
For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Supported Symbols page to familiarize themselves with the available metal symbols and their specifications. Additionally, the Metals-API Documentation provides in-depth guidance on implementation and best practices.