Access Neodymium (ND) prices using this API

Access Neodymium (ND) Prices Using This API

In the rapidly evolving landscape of metal markets, the ability to access real-time data is crucial for developers and businesses alike. One such essential metal is Neodymium (ND), a rare earth element that plays a pivotal role in various high-tech applications, including magnets, lasers, and batteries. This blog post will delve into the significance of Neodymium in the market, explore the innovative capabilities of the Metals-API, and provide a comprehensive overview of how developers can leverage this API to access Neodymium prices and other metal data.

Metals-API Information

About Neodymium (ND)

Neodymium is a silvery-white metal that belongs to the lanthanide series of the periodic table. It is primarily used in the production of strong permanent magnets, which are essential in electric vehicles, wind turbines, and various electronic devices. The demand for Neodymium has surged in recent years due to the global push for renewable energy and electric mobility, making it a critical component in the transition towards sustainable technologies.

The digital transformation in metal markets has opened new avenues for data analytics and insights, enabling businesses to make informed decisions based on real-time data. Technological innovations, such as smart technology integration, have further enhanced the ability to track and analyze metal prices, including Neodymium. As the market continues to evolve, understanding the future trends and possibilities surrounding Neodymium will be vital for stakeholders in the industry.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data for various metals, including Neodymium. This API empowers developers to build next-generation applications that can analyze market trends, track price fluctuations, and facilitate currency conversions. With its innovative capabilities, the Metals-API is transforming how businesses interact with metal data.

For more information, you can visit the Metals-API Website or check out the Metals-API Documentation for detailed guidance on implementation.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, allowing developers to access a wealth of information about metal prices and trends. Here are some of the key features:

Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, updated based on your subscription plan. Depending on the plan, updates can occur every 60 minutes, every 10 minutes, or even more frequently. This feature is crucial for developers who need the most current pricing information for Neodymium and other metals.
Historical Rates Endpoint: Access historical rates dating back to 2019 by appending a specific date to your query. This feature allows developers to analyze past trends and make informed predictions about future price movements.
Bid And Ask Endpoint: Retrieve real-time bid and ask prices for metals, which is essential for traders looking to make informed buying and selling decisions.
Convert Endpoint: This endpoint enables users to convert any amount from one metal to another or to/from USD, facilitating seamless transactions across different currencies.
Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice, allowing for in-depth analysis of price movements over time.
Fluctuation Endpoint: Track how metal prices fluctuate on a day-to-day basis, providing insights into market volatility.
Carat Endpoint: Retrieve information about gold rates by carat, which can be useful for businesses dealing with precious metals.
Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specific date, helping users identify market extremes.
Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, which is essential for technical analysis.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
API Key: Your unique API key is required to access the API, ensuring secure and authorized usage.
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 comes with numerous endpoints, each providing different functionalities tailored to various user needs.
Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
Gold Price India Endpoint: Retrieve the latest gold price in India using a dedicated endpoint, which is beneficial for regional market analysis.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context and insights into market movements.

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.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various endpoints and their corresponding JSON responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1749884418,
    "base": "USD",
    "date": "2025-06-14",
    "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": 1749798018,
    "base": "USD",
    "date": "2025-06-13",
    "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": "2025-06-07",
    "end_date": "2025-06-14",
    "base": "USD",
    "rates": {
        "2025-06-07": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-06-09": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-06-14": {
            "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": 1749884418,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-06-07",
    "end_date": "2025-06-14",
    "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) Endpoint

Get OHLC data for a specific time period.

{
    "success": true,
    "timestamp": 1749884418,
    "base": "USD",
    "date": "2025-06-14",
    "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": 1749884418,
    "base": "USD",
    "date": "2025-06-14",
    "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 Metals-API offers a robust solution for developers seeking to access real-time and historical data for Neodymium and other metals. By leveraging the various endpoints, developers can build applications that provide valuable insights into market trends, price fluctuations, and currency conversions. The API's capabilities empower businesses to make informed decisions in a rapidly changing market landscape.

As the demand for Neodymium continues to grow, understanding its market dynamics and utilizing tools like the Metals-API will be essential for stakeholders in the industry. For further exploration, refer to the Metals-API Documentation and the Metals-API Supported Symbols page for comprehensive details on implementation and available features.

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Access Neodymium (ND) prices using this API