Do you need platinum prices? Well, surely, you want to get them from one of the most famous Metals Exchanges in the world, LMBA. And lucky for you, we have an API to suggest to you. It is the best precious metals API.
The name of platinum, assigned to this chemical element, was discovered by the Spanish soldier and scientist Antonio de Ulloa in the year 1735, who made it known in the European continent, after finding it in Ecuador, in the province of Esmeraldas, it was due to its appearance very similar to silver. It means “little silver”. It is abbreviated Pt and its atomic number in the periodic table is 78 since that is the number of protons contained in its nucleus. Platinum is a heavy, solid, noble, transition, ductile, dense, and malleable metal. It does not oxidize in the presence of oxygen. His oxidation level is +2 and +4. It is only slowly attacked by hydrochloric acid.
It is widely used in jewelry, being a sumptuary and luxury element, due to its beauty, distinction and purity, and its high cost. Among other uses, it is used for automotive catalysts (reduces gas emissions), fertilizers, explosives, fuel additives, in the manufacture of glass and plastic, medical and laboratory equipment, fillings and electrical contacts, fiber optic cables, and so on. Currently, more than 70% of the world’s platinum reserves are in South Africa. They are followed, although in much lesser importance, by Russia and Canada.
If you want to get LBMA Platinum Am Fluctuation Data, it is best to use the API better known as Metals-API. It is an impressive service that obtains information from prestigious and recognized metal exchanges in the world. Examples are the London Metal Exchange and of course The London Bullion Market Association (LMBA). If you want more information, in the following text you will find more details.
Utilize Metals-API!
Current prices for international metal markets are provided by Metals-API, including those for gold, silver, platinum, copper, and lithium, among other metals. Depending on the plan you select, this information is received with a precision of two decimal places and a frequency of up to every 60 seconds. Metals-API frequently works with businesses like Chainlink, Metex, and Barrick Gold. At the moment, it receives 25 million requests every day, and more than 200,000 users have already expressed their delight.
Its convertibility system is another crucial aspect. If you are from India, for instance, the pricing will be in rupees; if you are from Brazil, it will be in reals; and if you are from China, it will be in yuan. Always in the legal tender that is most comfortable for you. Delivering exchange rates for precious metals, converting between different currencies, returning time-series data, fluctuation data, and the lowest and highest price of any day are just a few of the capabilities. Thanks to these characteristics, you will be able to know the fluctuation data of this metal. For example, in 2022, the price of platinum fell by 11.22%. And it keeps falling!
We advise reading the website‘s documentation before utilizing this service. Questions or issues? If you have any questions, you can contact this service directly by sending an email to [email protected], which is open 24/7 from 9 am to 6 pm (GMT+1). The typical response time for urgent requests is a few minutes.
Also published on Medium.