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Get Bhopal Gold 24k (BHOP-24k) prices in real-time using this API

Get Bhopal Gold 24k (BHOP-24k) prices in real-time using this API

Get Bhopal Gold 24k (BHOP-24k) prices in real-time using this API

In the world of precious metals trading, real-time data is crucial for making informed decisions. One of the most sought-after metals is gold, represented by the symbol XAU. With the rise of digital transformation in the financial sector, accessing accurate and timely gold prices has never been more critical. This is where the Metals-API comes into play, providing developers with the tools to integrate real-time gold pricing data into their applications seamlessly.

Understanding Gold (XAU)

Gold has long been considered a safe-haven asset, especially during times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical stability, and currency fluctuations. The digital transformation in precious metals trading has enabled investors and traders to access data analytics and market insights that were previously unavailable. With the integration of technology in trading, the process of price discovery has become more efficient, allowing for innovative digital asset solutions.

The Role of Data Analytics

Data analytics plays a pivotal role in understanding market trends and making informed trading decisions. By leveraging the capabilities of the Metals-API, developers can create applications that analyze historical data, track price fluctuations, and provide real-time updates on gold prices. This empowers users to make data-driven decisions, enhancing their trading strategies.

Technology Integration in Trading

The integration of technology in trading has transformed how investors interact with the market. With the Metals-API, developers can build applications that not only provide real-time gold prices but also incorporate features such as historical data analysis, bid and ask prices, and currency conversion. This level of integration allows for a more comprehensive trading experience, catering to the needs of both novice and experienced traders.

API Description

The Metals-API is a powerful tool that provides real-time and historical data for various metals, including gold. It empowers developers to build next-generation applications that can access and utilize this data effectively. The API offers a range of endpoints, each designed to cater to specific needs, whether it’s retrieving the latest rates, historical data, or bid and ask prices.

Key Features of Metals-API

The Metals-API comes equipped with several key features that enhance its functionality:

  • Latest Rates Endpoint: Depending on your subscription plan, this endpoint returns real-time exchange rate data updated every 60 minutes or every 10 minutes. This ensures that users have access to the most current gold prices.
  • Historical Rates Endpoint: Users can access historical rates dating back to 2019 by appending a specific date to the API request. This feature is invaluable for analyzing trends over time.
  • Bid And Ask Endpoint: This endpoint allows users to retrieve real-time bid and ask prices for gold and other metals, providing insights into market liquidity.
  • Convert Endpoint: The API includes a currency conversion feature, enabling users to convert amounts from one metal to another or to/from USD seamlessly.
  • Time-Series Endpoint: Users can query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements.
  • Fluctuation Endpoint: This endpoint provides information about how gold prices fluctuate on a day-to-day basis, helping traders understand market volatility.
  • Carat Endpoint: Users can retrieve information about gold rates by carat, which is particularly useful for jewelers and consumers interested in purchasing gold jewelry.
  • Lowest/Highest Price Endpoint: This feature allows users to query the API for the lowest and highest prices of gold over a specified period, aiding in price analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: Users can access open, high, low, and close prices for gold, providing a comprehensive view of market performance.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is essential for users interested in long-term trends.
  • API Key: Each user is assigned a unique API key, which is required to access the API's features securely.
  • API Response: The API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals supported by the API.
  • Gold Price India Endpoint: Users can retrieve the latest gold price in India using this dedicated endpoint, catering to a specific market segment.
  • News Endpoint: The API allows users to access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rates for all available metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1747731614,
    "base": "USD",
    "date": "2025-05-20",
    "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"
}

This response indicates that the current price of gold (XAU) is 0.000482 per troy ounce, relative to USD.

Historical Rates Endpoint

Accessing historical exchange rates is straightforward. Here’s an example response:

{
    "success": true,
    "timestamp": 1747645214,
    "base": "USD",
    "date": "2025-05-19",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows the historical price of gold on May 19, 2025, allowing users to analyze past performance.

Time-Series Endpoint

The Time-Series Endpoint allows users to query exchange rates for a specific time period. Here’s an example response:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-13",
    "end_date": "2025-05-20",
    "base": "USD",
    "rates": {
        "2025-05-13": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-15": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-20": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily rates for gold over the specified period, enabling users to track trends and fluctuations.

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. Here’s an example response:

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1747731614,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response indicates that 1000 USD is equivalent to 0.482 troy ounces of gold at the current rate.

Fluctuation Endpoint

The Fluctuation Endpoint provides insights into rate fluctuations between two dates. Here’s an example response:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-13",
    "end_date": "2025-05-20",
    "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"
}

This response shows how the price of gold fluctuated over the specified period, providing valuable insights into market behavior.

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

The OHLC Price Endpoint provides open, high, low, and close prices for a specific time period. Here’s an example response:

{
    "success": true,
    "timestamp": 1747731614,
    "base": "USD",
    "date": "2025-05-20",
    "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"
}

This response provides a comprehensive view of the price movements for gold, allowing traders to analyze market trends effectively.

Bid/Ask Endpoint

The Bid/Ask Endpoint provides current bid and ask prices for metals. Here’s an example response:

{
    "success": true,
    "timestamp": 1747731614,
    "base": "USD",
    "date": "2025-05-20",
    "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"
}

This response indicates the current bid and ask prices for gold, providing traders with essential information for executing trades.

Conclusion

The Metals-API is an invaluable resource for developers looking to integrate real-time gold pricing data into their applications. With its comprehensive set of features, including the latest rates, historical data, and various endpoints for analysis, the API empowers users to make informed trading decisions. By leveraging the power of data analytics and technology integration, traders can enhance their strategies and gain a competitive edge in the market.

For more information on how to get started with the Metals-API, refer to the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals. Visit the Metals-API Website to learn more about the capabilities of this powerful API.

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