Access Platinum Ask (XPT-ASK) Historical Pricing Information using this API

Access Platinum Ask (XPT-ASK) Historical Pricing Information using this API
About Platinum (XPT)
Metals-API Overview
Metals-API is a powerful tool that provides developers with access to real-time and historical pricing data for various metals, including Platinum. With its user-friendly interface and comprehensive documentation, the Metals-API empowers developers to build next-generation applications that can harness the power of real-time metals data. The API supports a wide range of functionalities, making it suitable for various applications, from financial analysis to inventory management.
Metals-API Documentation, which provides comprehensive guidance on all available endpoints, including how to retrieve historical pricing data for Platinum.
Key Features of Metals-API
- 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. This feature is essential for developers who need up-to-the-minute pricing information.
- Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This is particularly useful for analyzing past market trends and making informed predictions about future movements.
- Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals, allowing traders to make quick decisions based on the latest market data.
- Convert Endpoint: This feature allows you to convert any amount from one metal to another or to/from USD, making it easier to analyze pricing across different currencies.
- Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, enabling you to analyze trends over specific periods.
- Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis, providing insights into market volatility.
- Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is beneficial for those interested in long-term trends.
- API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
- API Response: The API delivers exchange rates relative to USD, with all data returned in a structured JSON format.
- Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, allowing developers to stay informed about the latest offerings.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping you updated on market trends and developments.
Accessing Historical Pricing Data for Platinum
{
"success": true,
"timestamp": 1754226018,
"base": "USD",
"date": "2025-08-03",
"rates": {
"XPT": 0.000915
},
"unit": "per troy ounce"
}
Understanding API Responses
- success: A boolean value indicating whether the API request was successful.
- timestamp: The time at which the request was processed, useful for tracking data accuracy.
- base: The base currency for the exchange rates provided.
- date: The specific date for which the rates are applicable.
- rates: An object containing the exchange rates for various metals, including Platinum.
- unit: The unit of measurement for the rates, typically "per troy ounce."
Practical Use Cases for Historical Pricing Data
- Investment Analysis: Investors can analyze historical price trends to make informed decisions about buying or selling Platinum. By examining past performance, they can identify patterns and potential future movements.
- Market Research: Businesses involved in the trading of precious metals can use historical data to conduct market research, helping them understand demand fluctuations and pricing strategies.
- Risk Management: Companies can assess the risks associated with price volatility by analyzing historical data, allowing them to develop strategies to mitigate potential losses.
- Financial Modeling: Financial analysts can incorporate historical pricing data into their models to forecast future prices and assess the impact of various economic factors on Platinum prices.
Common Pitfalls and Troubleshooting
- Invalid API Key: Ensure that you are using a valid API key in your requests. If you receive an error related to authentication, double-check your key.
- Rate Limiting: Be aware of the rate limits associated with your subscription plan. If you exceed the allowed number of requests, you may receive an error response.
- Incorrect Date Format: When querying historical rates, ensure that you are using the correct date format (YYYY-MM-DD) to avoid errors.
- Network Issues: If you experience connectivity problems, check your internet connection and ensure that the Metals-API service is operational.
Conclusion
Metals-API Website and explore the Metals-API Supported Symbols to see the full range of metals available for analysis. With the right tools and data, you can unlock the potential of Platinum and other precious metals in your applications.