Get Bhopal Gold 24k (BHOP-24k) Historical Prices and Visualization with this API
Introduction
In the ever-evolving landscape of precious metals trading, the ability to access historical prices and real-time data is crucial for investors and developers alike. One of the most reliable sources for this information is the Metals-API. This powerful API provides comprehensive data on various metals, including Gold (XAU), Silver (XAG), Platinum (XPT), and Palladium (XPD). In this blog post, we will delve into the historical prices of Bhopal Gold 24k (BHOP-24k) and explore how to effectively utilize the Metals-API to access this data.
About Gold (XAU)
Gold has long been a symbol of wealth and stability, serving as a hedge against inflation and economic uncertainty. As digital transformation sweeps through financial markets, the precious metals sector is not left behind. The integration of technology in trading has revolutionized how investors access and analyze market data. With the advent of data analytics, traders can now gain insights into market trends, enabling them to make informed decisions.
The innovation in price discovery mechanisms has also been significant. Traditional methods of determining gold prices are being supplemented by advanced algorithms and real-time data feeds. This shift towards digital asset solutions allows for greater transparency and efficiency in trading. As a result, developers and traders can leverage these advancements to create next-generation applications that cater to the needs of modern investors.
Metals-API Overview
The Metals-API is designed to provide developers with the tools necessary to access real-time and historical data on various metals. This API empowers users to build applications that can analyze market trends, track price fluctuations, and convert between different metal currencies. With a focus on innovation and technological advancement, Metals-API is transforming how data on precious metals is accessed and utilized.
One of the key features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can provide updates every 60 minutes, every 10 minutes, or even more frequently. This capability is essential for traders who need to stay informed about market movements.
Key Features of Metals-API
The Metals-API offers a variety of endpoints that cater to different data needs. Here are some of the most notable features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rates for all available metals. This endpoint is crucial for traders who require up-to-the-minute pricing information. The response includes the base currency, the date of the rates, and the rates for various metals.
{
"success": true,
"timestamp": 1763823648,
"base": "USD",
"date": "2025-11-22",
"rates": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912,
"XPD": 0.000744
},
"unit": "per troy ounce"
}
Historical Rates Endpoint
Accessing historical rates is vital for analyzing trends over time. The Historical Rates Endpoint allows users to retrieve exchange rates for any date since 1999. By appending a specific date to the API request, developers can obtain historical data that can be used for backtesting trading strategies or conducting market analysis.
{
"success": true,
"timestamp": 1763737248,
"base": "USD",
"date": "2025-11-21",
"rates": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915,
"XPD": 0.000748
},
"unit": "per troy ounce"
}
Time-Series Endpoint
The Time-Series Endpoint allows users to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for developers looking to visualize price trends over a specified period.
{
"success": true,
"timeseries": true,
"start_date": "2025-11-15",
"end_date": "2025-11-22",
"base": "USD",
"rates": {
"2025-11-15": {
"XAU": 0.000485,
"XAG": 0.03825,
"XPT": 0.000915
},
"2025-11-17": {
"XAU": 0.000483,
"XAG": 0.0382,
"XPT": 0.000913
},
"2025-11-22": {
"XAU": 0.000482,
"XAG": 0.03815,
"XPT": 0.000912
}
},
"unit": "per troy ounce"
}
Convert Endpoint
The Convert Endpoint enables users to convert any amount from one metal to another or to/from USD. This feature is essential for traders who need to quickly assess the value of their holdings in different currencies.
{
"success": true,
"query": {
"from": "USD",
"to": "XAU",
"amount": 1000
},
"info": {
"timestamp": 1763823648,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}
Fluctuation Endpoint
The Fluctuation Endpoint provides information about how metal prices fluctuate on a day-to-day basis. This data is invaluable for traders looking to understand market volatility and make informed trading decisions.
{
"success": true,
"fluctuation": true,
"start_date": "2025-11-15",
"end_date": "2025-11-22",
"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"
}
Open/High/Low/Close (OHLC) Price Endpoint
The OHLC Price Endpoint allows users to retrieve the open, high, low, and close prices for a specific time period. This data is essential for traders who rely on candlestick charts for technical analysis.
{
"success": true,
"timestamp": 1763823648,
"base": "USD",
"date": "2025-11-22",
"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
The Bid and Ask Endpoint provides current bid and ask prices for metals. This feature is crucial for traders who need to make quick decisions based on market conditions.
{
"success": true,
"timestamp": 1763823648,
"base": "USD",
"date": "2025-11-22",
"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"
}
Authentication and API Key
To access the Metals-API, users must obtain an API key. This unique key is passed into the API base URL's access_key parameter. The API key is essential for authentication and allows the API to track usage and enforce rate limits. Developers should ensure that their API key is kept secure and not exposed in public repositories.
Performance Optimization and Rate Limiting
Metals-API implements rate limiting to ensure fair usage among all users. Depending on the subscription plan, users may have different limits on the number of requests they can make within a specified time frame. Developers should design their applications to handle rate limiting gracefully, implementing retry logic and caching strategies to optimize performance.
Security Considerations
When integrating with the Metals-API, developers should adhere to best practices for security. This includes using HTTPS for all API requests to encrypt data in transit and validating all input data to prevent injection attacks. Additionally, developers should monitor their API usage and be aware of any unusual activity that may indicate a security breach.
Conclusion
The Metals-API is a powerful tool for developers looking to access real-time and historical data on precious metals like Gold (XAU). With its extensive range of endpoints, developers can build applications that provide valuable insights into market trends and price fluctuations. By leveraging the capabilities of the Metals-API, traders can make informed decisions and optimize their trading strategies.
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 comprehensive list of available metals. Embrace the future of precious metals trading with the innovative solutions offered by the Metals-API.