Are you looking for LBMA Platinium am historical rates? The ideal solution for you is to use an API!
Platinum is one of the most valuable metals worldwide. The primary reason for this is that precious metals are valued according to their weight, and platinum is significantly denser than gold, thus it will be heavier.
On the other hand, catalytic converters, laboratory equipment, electrical connections and electrodes, platinum resistance thermometers, dentistry equipment, and jewelry are all made of platinum. The price of this metal has been changing in the last few years, that’s why if you are keen on investing in platinum, you should analyze how this metal has behaved during the last years.
To collect this data, you’ll need to use an application programming interface (API), which will allow you to get real-time data from one of the major metals suppliers. The London Bullion Market Organisation (LBMA) is an international trade group that represents the global Over The Counter (OTC) bullion market and claims to be the “global authority on precious metals.”
But, What Exactly Is An API?
An application programming interface (API) is a software interface that connects two computers that need to communicate in order to execute a task. Real-time inquiries can also be sent and received using this API.
On the other side, finding a website, application, or software that gives this type of data in real-time is getting increasingly challenging. Start with Metals-API, the most comprehensive source of LBMA Platinum AM Historical Rates, if you don’t know where else to look.
Use the following methods to obtain LBMA Platinum AM Historical Rates:
- Create an account at www.metals-API.com and get your API key.
- In the website’s list, look for the LBMA Platinum AM (LBXPTAM) symbol and currency sign you want to use.
- Add metal and money to the list before calling the API, and then utilize these symbols.
- As a programming language, you can utilize JSON, Python, or PHP.
The following format should be used to write the request:
https://metals-api.com/api/2013-12-24 ? access_key = API_KEY & base = LBXPTAM & symbols = USD,CAD,EUR
As a result, the final version is as follows:
{
"success": true,
"historical": true,
"date": "2013-12-24",
"timestamp": 1387929599,
"base": "LBXPTAM",
"rates": {
"USD": 1.636492,
"EUR": 1.196476,
"CAD": 1.739516
}
}
About Metals-API
Metals-API is used by thousands of developers, small enterprises, and huge corporations on a regular basis. They can use this tool to get current global market prices for any metal fast and simply.
Due to its reputable data sources, Metals-API is the leading source for real-time precious metals rates, as this software collects data from roughly 15 reliable data sources every minute. Because the data comes from banks and financial institutions, it is extremely accurate. This API response is also available in a variety of computer languages, including JSON, Python, and PHP. It’s simple to incorporate into a program or application.
Check this post Try This API To Get LBMA Gold AM Live Prices
Also published on Medium.