Retrieve Bhopal Gold 18k (BHOP-18k) market prices using this API
Retrieve Bhopal Gold 18k (BHOP-18k) Market Prices Using This API
In today's digital age, the demand for real-time data in the precious metals market has never been higher. The ability to retrieve accurate and timely market prices for metals like gold is crucial for traders, investors, and developers alike. This blog post will delve into the capabilities of the Metals-API, focusing on how it can be utilized to retrieve the market prices for Bhopal Gold 18k (BHOP-18k) and other precious metals. We will explore the various features of the API, its endpoints, and how it empowers developers to create innovative applications that leverage real-time metals data.
Metals-API Information
About Gold (XAU)
Gold, represented by the symbol XAU, has long been a cornerstone of financial markets. As a precious metal, it is not only a store of value but also a critical component in various industries, including jewelry, electronics, and investment. The digital transformation in the precious metals market has led to the integration of advanced data analytics and technology, enabling traders to make informed decisions based on real-time insights.
With the rise of digital asset solutions, the landscape of gold trading has evolved. The integration of technology in trading platforms allows for innovation in price discovery, making it easier for investors to access market data. The Metals-API serves as a vital tool in this ecosystem, providing developers with the means to access comprehensive market data and analytics.
API Description
The Metals-API is a powerful tool designed to provide real-time and historical data for various metals, including gold, silver, platinum, and palladium. It empowers developers to build next-generation applications that require accurate and timely metals data. The API's capabilities extend beyond simple price retrieval; it offers a suite of features that enable detailed market analysis and insights.
For detailed documentation on how to implement the API, developers can refer to the Metals-API Documentation. This resource provides comprehensive guidance on how to utilize the API effectively, including authentication, endpoint usage, and response handling.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs within the precious metals market. Here are some of the key features:
- Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated every 60 minutes, 10 minutes, or even more frequently, depending on your subscription plan. This feature is essential for traders looking to make quick decisions based on the latest market conditions.
- Historical Rates Endpoint: Access historical rates dating back to 2019 for most currencies. This endpoint allows users to query historical data by appending a specific date, enabling in-depth analysis of market trends over time.
- Bid And Ask Endpoint: This powerful feature retrieves real-time bid and ask prices for metals, providing traders with the necessary information to make informed buying and selling decisions.
- Convert Endpoint: The API includes a currency conversion endpoint, allowing users to convert amounts from one metal to another or to/from USD. This is particularly useful for traders dealing in multiple currencies.
- Time-Series Endpoint: Users can query the API for daily historical rates between two specified dates, allowing for comprehensive analysis of price movements over time.
- Fluctuation Endpoint: This endpoint provides information on how metal prices fluctuate on a day-to-day basis, offering insights into market volatility.
- Carat Endpoint: Retrieve information about gold rates by carat, which is essential for jewelers and consumers looking to understand the value of gold jewelry.
- Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, helping traders identify market extremes.
- Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific time period, which is crucial for technical analysis.
- Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for extensive market research.
- API Key: Each user receives a unique API key that must be included in the API requests to authenticate and access the data.
- 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 features 14 different endpoints, each designed to provide specific functionalities tailored to user needs.
- Supported Symbols Endpoint: This constantly updated endpoint returns all available currencies and metal symbols, ensuring users have access to the latest information.
- News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.
List of Symbols
The Metals-API provides access to a comprehensive range of metal symbols. For a complete list of all supported symbols and their specifications, refer to the Metals-API Supported Symbols page. This resource is invaluable for developers looking to integrate specific metal data into their applications.
API Endpoint Examples and Responses
Understanding the structure of API responses is crucial for effective integration. Below are examples of various API endpoints and their corresponding JSON responses:
Latest Rates Endpoint
{
"success": true,
"timestamp": 1765152158,
"base": "USD",
"date": "2025-12-08",
"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 indicates a successful retrieval of the latest rates, with the base currency set to USD. The rates for various metals are provided, allowing users to quickly assess the current market conditions.
Historical Rates Endpoint
{
"success": true,
"timestamp": 1765065758,
"base": "USD",
"date": "2025-12-07",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
This response shows historical rates for a specific date, allowing users to analyze past market performance and trends.
Time-series Endpoint
{
"success": true,
"timeseries": true,
"start_date": "2025-12-01",
"end_date": "2025-12-08",
"base": "USD",
"rates": {
"2025-12-01": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-12-03": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-12-08": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
The time-series response provides daily rates for the specified period, enabling users to visualize trends and fluctuations in metal prices.
Convert Endpoint
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1765152158,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
This example illustrates how to convert a specified amount from one currency to another, providing the conversion rate and the resulting value in troy ounces.
Fluctuation Endpoint
{
"success": true,
"fluctuation": true,
"start_date": "2025-12-01",
"end_date": "2025-12-08",
"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 provides insights into how metal prices have fluctuated over a specified period, which is essential for traders looking to understand market volatility.
OHLC (Open/High/Low/Close) Price Endpoint
{
"success": true,
"timestamp": 1765152158,
"base": "USD",
"date": "2025-12-08",
"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 response provides critical data for technical analysis, allowing traders to assess market performance over a specific time frame.
Bid/Ask Endpoint
{
"success": true,
"timestamp": 1765152158,
"base": "USD",
"date": "2025-12-08",
"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 endpoint provides current bid and ask prices, which are essential for traders to understand market liquidity and make informed trading decisions.
Conclusion
The Metals-API is an invaluable resource for developers and traders in the precious metals market. Its comprehensive suite of features and endpoints allows for real-time data retrieval, historical analysis, and advanced market insights. By leveraging the capabilities of this API, developers can create innovative applications that enhance trading strategies and improve decision-making processes.
For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Documentation for detailed implementation guidance, and the Metals-API Supported Symbols page for a comprehensive list of available metal symbols. The Metals-API Website serves as a central hub for accessing all resources related to the API.
In conclusion, the integration of real-time metals data through the Metals-API not only enhances trading efficiency but also empowers developers to innovate in the financial technology landscape. As the market continues to evolve, staying informed and leveraging advanced tools like the Metals-API will be essential for success in the precious metals trading arena.