Analyze Bhopal Silver (BHOP-XAG) Historical Prices through this API
Analyze Bhopal Silver (BHOP-XAG) Historical Prices through this API
In the ever-evolving landscape of precious metals trading, understanding the historical prices of silver, represented by the symbol XAG, is crucial for investors, traders, and developers alike. The ability to analyze these historical prices can provide insights into market trends, inform investment strategies, and enhance trading algorithms. One powerful tool that facilitates this analysis is the Metals-API, which offers a comprehensive suite of features for accessing real-time and historical data on various metals, including silver.
About Silver (XAG)
Silver, known by its chemical symbol Ag, has been a valuable commodity for centuries, primarily due to its industrial applications and investment potential. In recent years, the demand for silver has surged, driven by its use in electronics, solar panels, and medical devices. The integration of technology in manufacturing processes has further enhanced the efficiency of silver production, making it a vital component in modern industries.
Moreover, the digital market analysis of silver prices has become increasingly sophisticated, with advanced algorithms and data analytics tools enabling traders to make informed decisions. The rise of smart manufacturing and supply chain technology has also transformed how silver is sourced, processed, and traded, leading to more transparent and efficient markets.
Metals-API Overview
The Metals-API is a robust platform that provides developers with access to real-time and historical data for various metals, including silver (XAG). This API empowers users to build next-generation applications that leverage real-time metals data, enabling innovative solutions in trading, investment analysis, and market forecasting.
With the Metals-API, developers can access a wide range of endpoints, each designed to fulfill specific data needs. The API's capabilities include retrieving the latest rates, historical prices, bid and ask prices, and even converting between different metals and currencies. This flexibility allows for comprehensive market analysis and informed decision-making.
Key Features of Metals-API
The Metals-API offers several key features that enhance its usability and functionality:
- Latest Rates Endpoint: Depending on your subscription plan, this endpoint provides real-time exchange rate data for metals, updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders who need up-to-the-minute information to make quick decisions.
- Historical Rates Endpoint: Users can access historical rates for most metals dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data, which is invaluable for trend analysis and forecasting.
- Bid and Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals, providing insights into market liquidity and pricing dynamics.
- Convert Endpoint: The Metals-API includes a currency conversion endpoint, enabling users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over time.
- Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility and trends.
- Carat Endpoint: This endpoint provides information about gold rates by carat, allowing users to understand the value of gold in different purities.
- Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specified date, which is crucial for understanding market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specified date, enabling traders to analyze price movements effectively.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, which is essential for comprehensive market analysis.
- API Key: Each user is assigned a unique API key that must be included in requests to authenticate access to the API.
- API Response: The API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
- Available Endpoints: The Metals-API comprises 14 different endpoints, each providing unique functionalities tailored to various user needs.
- Supported Symbols Endpoint: This endpoint returns all available metal symbols, ensuring users can easily find the data they need.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
API Endpoint Examples and Responses
Understanding how to interact with the Metals-API is crucial for developers. Below are examples of various API endpoints and their expected responses:
Latest Rates Endpoint
Get real-time exchange rates for all available metals:
{
"success": true,
"timestamp": 1771633102,
"base": "USD",
"date": "2026-02-21",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744,
"XCU": 0.294118,
"XAL": 0.434783,
"XNI": 0.142857,
"XZN": 0.344828
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Access historical exchange rates for any date since 1999:
{
"success": true,
"timestamp": 1771546702,
"base": "USD",
"date": "2026-02-20",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-series Endpoint
Get exchange rates for a specific time period:
{
"success": true,
"timeseries": true,
"start_date": "2026-02-14",
"end_date": "2026-02-21",
"base": "USD",
"rates": {
"2026-02-14": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2026-02-16": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2026-02-21": {
"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": 1771633102,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
Track rate fluctuations between two dates:
{
"success": true,
"fluctuation": true,
"start_date": "2026-02-14",
"end_date": "2026-02-21",
"base": "USD",
"rates": {
"XAU": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
},
"XAG": {
"start_rate": 0.03825,
"end_rate": 0.03815,
"change": -0.0001,
"change_pct": -0.26
},
"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": 1771633102,
"base": "USD",
"date": "2026-02-21",
"rates": {
"XAU": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
},
"XAG": {
"open": 0.03825,
"high": 0.0383,
"low": 0.0381,
"close": 0.03815
},
"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": 1771633102,
"base": "USD",
"date": "2026-02-21",
"rates": {
"XAU": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
},
"XAG": {
"bid": 0.0381,
"ask": 0.0382,
"spread": 0.0001
},
"XPT": {
"bid": 0.000911,
"ask": 0.000913,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}
Conclusion
In conclusion, the ability to analyze historical prices of silver (XAG) through the Metals-API provides invaluable insights for traders, investors, and developers. By leveraging the various endpoints offered by the API, users can access real-time data, historical trends, and comprehensive market analysis tools that enhance decision-making processes.
Whether you are interested in the latest rates, historical price movements, or fluctuations in the market, the Metals-API equips you with the necessary tools to navigate the complex world of precious metals trading. For more detailed information, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals.
As the market continues to evolve, staying informed and utilizing advanced tools like the Metals-API will be essential for success in the dynamic world of silver trading.