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Retrieve Bhopal Gold 22k (BHOP-22k) Historical Prices through this API

Retrieve Bhopal Gold 22k (BHOP-22k) Historical Prices through this API

Retrieve Bhopal Gold 22k (BHOP-22k) Historical Prices through this API

Retrieve Bhopal Gold 22k (BHOP-22k) Historical Prices through this API

The world of precious metals has undergone a significant transformation in recent years, driven by digital innovation and the increasing importance of data analytics. Among these precious metals, gold (symbol: XAU) stands out not only for its intrinsic value but also for its role as a financial asset. In this blog post, we will explore how to retrieve historical prices for Bhopal Gold 22k (BHOP-22k) using the Metals-API. This powerful API provides developers with the tools necessary to access real-time and historical data, enabling them to build next-generation applications that leverage market insights and analytics.

About Gold (XAU)

Gold has long been regarded as a safe haven asset, particularly in times of economic uncertainty. Its value is influenced by various factors, including market demand, geopolitical events, and currency fluctuations. The digital transformation in the precious metals market has made it easier for investors and traders to access real-time data and analytics, allowing for more informed decision-making.

With the integration of technology in trading, the landscape of gold investment has changed dramatically. Data analytics now plays a crucial role in understanding market trends and price movements. By utilizing advanced algorithms and machine learning techniques, traders can gain insights into price discovery and market behavior, leading to more strategic investment choices.

Furthermore, the rise of digital asset solutions has opened new avenues for gold investment. Investors can now trade gold in various forms, including digital tokens and ETFs, which are backed by physical gold. This innovation not only enhances liquidity but also democratizes access to gold investment for a broader audience.

Metals-API Information

The Metals-API is a robust tool that provides developers with access to real-time and historical metals data. This API empowers users to build applications that can track prices, analyze trends, and make informed trading decisions. With its comprehensive set of features, the Metals-API is designed to meet the needs of both individual traders and institutional investors.

For more information, you can visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on how to implement the API in your applications.

Key Features and Endpoints

The Metals-API offers a wide range of endpoints that cater to various needs in the precious metals market. Here are some of the key features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for precious metals, updated every 60 minutes, every 10 minutes, or even more frequently, depending on your subscription plan. This allows traders to stay informed about the latest market conditions.
  • Historical Rates Endpoint: Users can access historical rates for most currencies dating back to 2019. By appending a specific date to the API request, developers can retrieve historical price data for gold and other metals, which is essential for trend analysis and forecasting.
  • Bid And Ask Endpoint: This powerful feature allows users to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is crucial for traders looking to optimize their entry and exit points in the market.
  • 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 is particularly useful for traders who operate in multiple currencies.
  • Time-Series Endpoint: This endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is invaluable for conducting in-depth analyses of price movements over specific periods.
  • Fluctuation Endpoint: Users can track how currency rates fluctuate on a day-to-day basis. This endpoint provides insights into market volatility, helping traders make informed decisions based on historical fluctuations.
  • Carat Endpoint: This feature allows users to retrieve information about gold rates by carat. This is particularly relevant for jewelers and consumers looking to understand the value of gold jewelry.
  • Lowest/Highest Price Endpoint: Users can query the API to get the lowest and highest prices for a specific date, which is essential for understanding market extremes.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides detailed OHLC data for a specific time period, allowing traders to analyze price movements comprehensively.
  • Historical LME Endpoint: This endpoint provides access to historical rates for LME symbols dating back to 2008, which is crucial for traders dealing in industrial metals.
  • API Key: Each user is assigned a unique API key, which is required to access the API. This ensures secure and authenticated access to the data.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, with all data returned in a structured JSON format.
  • Supported Symbols Endpoint: This endpoint provides a constantly updated list of all available currencies and metals, ensuring users have access to the latest information.
  • Gold Price India Endpoint: This dedicated endpoint allows users to retrieve the latest gold price in India, catering specifically to the Indian market.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them informed about market developments.

API Endpoint Examples and Responses

To illustrate the capabilities of the Metals-API, let's explore some example responses from various endpoints.

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1746072094,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

The above response shows the latest exchange rates for various metals, including gold (XAU). The "rates" object contains the current price per troy ounce, which is essential for traders looking to make quick decisions based on real-time data.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1745985694,
    "base": "USD",
    "date": "2025-04-30",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response from the Historical Rates Endpoint provides the exchange rates for a specific date. Developers can use this data to analyze past trends and make predictions about future price movements.

Time-Series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-24",
    "end_date": "2025-05-01",
    "base": "USD",
    "rates": {
        "2025-04-24": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-26": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-01": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

The Time-Series Endpoint allows users to retrieve historical rates over a specified period. This is particularly useful for conducting trend analysis and understanding how prices have changed over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1746072094,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

The Convert Endpoint allows users to convert amounts between different metals or to/from USD. In this example, 1000 USD is converted to 0.482 troy ounces of gold (XAU), providing a clear understanding of the value of the investment.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-24",
    "end_date": "2025-05-01",
    "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"
}

The Fluctuation Endpoint provides insights into how prices have changed over a specific period. This data is crucial for traders looking to understand market volatility and make informed decisions based on historical price movements.

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

{
    "success": true,
    "timestamp": 1746072094,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

The OHLC Price Endpoint provides detailed information about the opening, highest, lowest, and closing prices for a specific date. This data is essential for traders conducting technical analysis and looking to identify potential trading opportunities.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1746072094,
    "base": "USD",
    "date": "2025-05-01",
    "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"
}

The Bid/Ask Endpoint provides current bid and ask prices for metals, along with the spread. Understanding the bid-ask spread is crucial for traders, as it affects their potential profitability when entering and exiting positions.

Conclusion

In conclusion, the Metals-API is a powerful tool for developers looking to access real-time and historical data for precious metals, including gold (XAU). By leveraging the various endpoints available, developers can build applications that provide valuable insights into market trends and price movements. The API's capabilities, such as the Latest Rates, Historical Rates, and Time-Series endpoints, enable users to conduct comprehensive analyses and make informed trading decisions.

As the digital transformation in the precious metals market continues to evolve, the importance of data analytics and technology integration cannot be overstated. The Metals-API empowers developers to harness the power of real-time metals data, paving the way for innovative applications and solutions in the financial sector.

For more information on how to get started with the Metals-API, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals and currencies. Whether you are a seasoned trader or a developer looking to create cutting-edge applications, the Metals-API provides the tools you need to succeed in the dynamic world of precious metals.

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