Get Accurate Platinum Bid (XPT-BID) Prices in Multiple Currencies Using Our API Guide

In today's fast-paced financial landscape, having access to accurate and real-time data is crucial for businesses and developers alike. The Metals-API provides a powerful solution for retrieving precise Platinum (XPT) prices in various currencies, enabling developers to build innovative applications that leverage this data. This blog post will explore how the Metals-API can transform your approach to metals pricing, focusing on its capabilities, potential applications, and the importance of accurate pricing in multiple currencies.

About Platinum (XPT)

Platinum is a precious metal that plays a vital role in various industries, particularly in green technology applications and sustainable innovation. Its unique properties make it an essential component in catalytic converters, which are crucial for reducing harmful emissions in vehicles. As the world shifts towards clean energy solutions, the demand for platinum is expected to rise, making accurate pricing more important than ever.

The integration of smart technology in industries such as automotive and electronics has further increased the need for precise metal pricing. Developers can utilize the Metals-API to access real-time data on Platinum prices, enabling them to create applications that support businesses in making informed decisions based on current market trends.

API Description

The Metals-API is designed to provide developers with real-time and historical data on various metals, including Platinum (XPT). With its robust infrastructure, the API empowers developers to build next-generation applications that require accurate metals pricing. The API supports multiple endpoints, each offering unique functionalities that cater to different business needs.

For detailed information on how to implement the API, refer to the Metals-API Documentation. This resource provides comprehensive guidance on utilizing the API effectively, including authentication, endpoint usage, and response handling.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that provide essential functionalities for developers. Here are some of the key features:

Latest Rates Endpoint: This endpoint returns real-time exchange rate data for Platinum and other metals, updated every 60 minutes, 10 minutes, or more frequently depending on your subscription plan. This feature is crucial for applications that require up-to-the-minute pricing information.
Historical Rates Endpoint: Access historical rates for Platinum dating back to 2019. By appending a specific date to your request, you can retrieve past pricing data, which is invaluable for trend analysis and forecasting.
Bid and Ask Endpoint: This powerful feature allows you to retrieve real-time bid and ask prices for Platinum. Understanding the bid-ask spread is essential for traders and businesses looking to make informed purchasing decisions.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling you to convert any amount from one currency to another. This feature is particularly useful for businesses operating in multiple currencies, ensuring they can accurately assess costs and pricing.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This endpoint is beneficial for analyzing price movements over time and identifying patterns.
Fluctuation Endpoint: Retrieve information about how Platinum prices fluctuate on a day-to-day basis. This data can help businesses understand market volatility and make strategic decisions.
Lowest/Highest Price Endpoint: This endpoint allows you to query the API for the lowest and highest prices of Platinum over a specified period, providing insights into market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Get detailed OHLC data for Platinum, which is essential for technical analysis and trading strategies.
Historical LME Endpoint: Access historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for businesses involved in trading and investment.
News Endpoint: Stay updated with the latest news articles related to Platinum and other metals, helping you keep track of market influences.

API Endpoint Examples and Responses

Understanding how to interact with the Metals-API is crucial for effective implementation. Below are examples of API responses for various endpoints:

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1763337959,
    "base": "USD",
    "date": "2025-11-17",
    "rates": {
        "XAU": 0.000482,
        "XAG": 0.03815,
        "XPT": 0.000912,
        "XPD": 0.000744
    },
    "unit": "per troy ounce"
}

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1763251559,
    "base": "USD",
    "date": "2025-11-16",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915
    },
    "unit": "per troy ounce"
}

Time-Series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "base": "USD",
    "rates": {
        "2025-11-10": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-11-12": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-11-17": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Convert Endpoint

Convert any amount from one metal to another or to/from USD:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1763337959,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-11-10",
    "end_date": "2025-11-17",
    "base": "USD",
    "rates": {
        "XAU": {
            "start_rate": 0.000485,
            "end_rate": 0.000482,
            "change": -3.0e-6,
            "change_pct": -0.62
        },
        "XPT": {
            "start_rate": 0.000915,
            "end_rate": 0.000912,
            "change": -3.0e-6,
            "change_pct": -0.33
        }
    },
    "unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Price Endpoint

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1763337959,
    "base": "USD",
    "date": "2025-11-17",
    "rates": {
        "XPT": {
            "open": 0.000915,
            "high": 0.000918,
            "low": 0.00091,
            "close": 0.000912
        }
    },
    "unit": "per troy ounce"
}

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1763337959,
    "base": "USD",
    "date": "2025-11-17",
    "rates": {
        "XPT": {
            "bid": 0.000911,
            "ask": 0.000913,
            "spread": 2.0e-6
        }
    },
    "unit": "per troy ounce"
}

Conclusion

The Metals-API is an invaluable resource for developers seeking to access accurate Platinum (XPT) prices in multiple currencies. With its extensive range of endpoints, the API empowers businesses to make informed decisions based on real-time and historical data. By integrating the Metals-API into your applications, you can leverage the power of accurate metals pricing to enhance your business operations.

For more information on the capabilities of the Metals-API, visit the Metals-API Website and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The Metals-API Documentation provides detailed guidance on how to implement the API effectively, ensuring you can harness the full potential of this powerful tool.

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Get Accurate Platinum Bid (XPT-BID) Prices in Multiple Currencies Using Our API Guide