Retrieve Platinum Bid (XPT-BID) prices with our API
In the ever-evolving landscape of precious metals trading, developers and financial analysts alike are constantly seeking reliable and real-time data to inform their decisions. One such valuable asset is Platinum, represented by the symbol XPT. With the rise of green technology applications and sustainable innovations, the demand for Platinum has surged, making it essential for developers to access accurate pricing and market data. This is where the Metals-API comes into play, offering a comprehensive solution for retrieving Platinum Bid (XPT-BID) prices and much more.
About Platinum (XPT)
Platinum is not just a precious metal; it plays a pivotal role in various industries, particularly in green technology and clean energy solutions. Its applications range from catalytic converters in vehicles to components in hydrogen fuel cells, showcasing its versatility and importance in the transition to sustainable energy. As industries increasingly focus on digital transformation and smart technology integration, the demand for Platinum is expected to grow, making real-time data access crucial for stakeholders.
Green Technology Applications
Platinum's unique properties make it an ideal candidate for various green technologies. For instance, in the automotive sector, Platinum is used in catalytic converters to reduce harmful emissions. As governments worldwide implement stricter environmental regulations, the demand for Platinum in this application is likely to increase. Additionally, its role in hydrogen fuel cells positions Platinum as a key player in the clean energy revolution, further emphasizing the need for accurate market data.
Sustainable Innovation
As industries pivot towards sustainability, Platinum is at the forefront of innovation. Its use in renewable energy technologies, such as solar panels and wind turbines, highlights its importance in reducing carbon footprints. Developers looking to create applications that track Platinum prices can leverage the Metals-API Documentation to access real-time data, enabling them to build solutions that support sustainable practices.
Clean Energy Solutions
Platinum's role in clean energy extends beyond automotive applications. It is also essential in the production of green hydrogen, a clean fuel source that has gained traction in recent years. As the world shifts towards hydrogen as a viable energy carrier, the demand for Platinum is expected to rise, making it imperative for developers to have access to up-to-date pricing information.
API Description
The Metals-API is a powerful tool designed for developers seeking to integrate real-time metals data into their applications. With its innovative capabilities, the API empowers users to access a wealth of information, including the latest prices, historical data, and conversion rates for various metals, including Platinum. By utilizing this API, developers can create next-generation applications that provide valuable insights into the metals market.
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
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 or even every 10 minutes. This feature is crucial for applications that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1760144528,
"base": "USD",
"date": "2025-10-11",
"rates": {
"XPT": 0.000912
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For developers needing historical data, the Historical Rates Endpoint allows access to exchange rates dating back to 2019. By appending a specific date to the API request, users can retrieve past pricing information, which is invaluable for trend analysis and forecasting.
{
"success": true,
"timestamp": 1760058128,
"base": "USD",
"date": "2025-10-10",
"rates": {
"XPT": 0.000915
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask Endpoint is a powerful feature that enables users to retrieve real-time bid and ask prices for Platinum. This information is essential for traders looking to make informed decisions based on current market conditions.
{
"success": true,
"timestamp": 1760144528,
"base": "USD",
"date": "2025-10-11",
"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 applications that require currency conversion in real-time.
{
"success": true,
"query": {
"from": "USD",
"to": "XPT",
"amount": 1000
},
"info": {
"timestamp": 1760144528,
"rate": 0.000912
},
"result": 0.912,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is beneficial for analyzing price trends over specific periods.
{
"success": true,
"timeseries": true,
"start_date": "2025-10-04",
"end_date": "2025-10-11",
"base": "USD",
"rates": {
"2025-10-04": {
"XPT": 0.000915
},
"2025-10-11": {
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
Using the Fluctuation Endpoint, developers can retrieve information about how Platinum prices fluctuate on a day-to-day basis. This data is crucial for understanding market volatility.
{
"success": true,
"fluctuation": true,
"start_date": "2025-10-04",
"end_date": "2025-10-11",
"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 provides users with the open, high, low, and close prices for Platinum over a specified time period. This data is essential for traders looking to analyze market trends.
{
"success": true,
"timestamp": 1760144528,
"base": "USD",
"date": "2025-10-11",
"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 users interested in long-term market trends.
Authentication and API Key
To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and ensures that only authorized users can access the data.
Performance Considerations
When integrating the Metals-API into applications, developers should consider performance optimization strategies. This includes implementing caching mechanisms to reduce API calls and improve response times. Additionally, understanding rate limits and quota management is crucial for maintaining application performance.
Security Best Practices
Security is paramount when working with APIs. Developers should ensure that API keys are stored securely and not exposed in client-side code. Implementing HTTPS for all API requests is essential to protect data in transit.
Conclusion
The Metals-API offers a robust solution for developers seeking to access real-time data on Platinum and other precious metals. With its comprehensive features, including the Latest Rates, Historical Rates, and Bid/Ask endpoints, the API empowers users to build innovative applications that support informed decision-making in the metals market. As the demand for Platinum continues to rise due to its applications in green technology and clean energy solutions, having access to accurate and timely data will be crucial for success. For more information, visit the Metals-API Website and explore the Metals-API Documentation for detailed guidance on implementation.