Access real-time Praseodymium (PRA) prices using this API

Access Real-Time Praseodymium (PRA) 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. Praseodymium (PRA), a rare earth metal, is gaining attention for its applications in various high-tech industries, including electronics, renewable energy, and automotive sectors. This blog post will delve into the significance of Praseodymium, its markets, and how the Metals-API empowers developers to harness real-time pricing data effectively.

Metals-API Information

About Praseodymium (PRA)

Praseodymium is a silvery-white metal that belongs to the lanthanide series of the periodic table. It is primarily used in the production of high-strength magnets, which are essential for electric motors and generators. As industries increasingly pivot towards digital transformation, the demand for Praseodymium is expected to rise, driven by technological innovations and advancements in smart technology integration.

Data analytics plays a pivotal role in understanding market trends and price fluctuations for Praseodymium. By leveraging real-time data, businesses can make informed decisions, optimize their supply chains, and enhance their competitive edge. The future of Praseodymium markets is intertwined with advancements in data analytics and insights, paving the way for smarter, more efficient operations.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical pricing data for various metals, including Praseodymium. This API is built on the principles of innovation and technological advancement, enabling users to create next-generation applications that can respond to market dynamics in real-time.

With the Metals-API, developers can access a wide array of endpoints that cater to different needs, from retrieving the latest rates to analyzing historical trends. The API's capabilities empower businesses to integrate real-time metals data into their applications seamlessly, enhancing their operational efficiency and decision-making processes.

Key Features and Endpoints

The Metals-API offers several key features that are essential for developers looking to leverage real-time metals data:

Latest Rates Endpoint: Depending on your subscription plan, the API's latest endpoint will return real-time exchange rate data updated every 60 minutes, every 10 minutes, or even more frequently. This feature allows users to stay informed about the current market prices of Praseodymium and other metals.
Historical Rates Endpoint: Historical rates are available for most currencies dating back to 2019. You can query the Metals-API for historical rates by appending a date, enabling businesses to analyze past trends and make data-driven forecasts.
Bid And Ask Endpoint: This powerful feature enables you to retrieve real-time Bid and Ask prices, providing insights into market liquidity and pricing dynamics.
Convert Endpoint: The Metals-API includes a currency conversion endpoint, allowing users to convert any amount from one metal to another or to/from USD. This is particularly useful for businesses operating in multiple currencies.
Time-Series Endpoint: This endpoint allows you to query the API for daily historical rates between two dates of your choice, facilitating in-depth analysis of price movements over time.
Fluctuation Endpoint: With this feature, you can retrieve information about how prices fluctuate on a day-to-day basis, helping businesses understand market volatility.
Carat Endpoint: This endpoint provides information about gold rates by carat, which is essential for jewelers and gold traders.
Lowest/Highest Price Endpoint: This allows you to query the API to get the lowest and highest price for a specified date, aiding in market analysis.
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 traders and analysts.
Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, providing a comprehensive view of market trends.
API Key: Your API Key is the unique key that is passed into the API base URL's access_key parameter to authenticate your requests.
API Response: Exchange rates delivered by the Metals-API are by default relative to USD, ensuring consistency in data interpretation.
Available Endpoints: The Metals-API comes with a constantly updated endpoint returning all available currencies, ensuring you have access to the latest information.
Gold Price India Endpoint: Retrieve the latest gold price in India using the dedicated endpoint, which is particularly useful for regional traders.
News Endpoint: Stay updated with the latest news articles related to various metals, providing context to market movements.

List of Symbols

The 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 integration. Below are examples of various endpoints and their responses:

Latest Rates Endpoint

Get real-time exchange rates for all available metals.

{
    "success": true,
    "timestamp": 1752037219,
    "base": "USD",
    "date": "2025-07-09",
    "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": 1751950819,
    "base": "USD",
    "date": "2025-07-08",
    "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": "2025-07-02",
    "end_date": "2025-07-09",
    "base": "USD",
    "rates": {
        "2025-07-02": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-04": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-09": {
            "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": 1752037219,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates.

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-02",
    "end_date": "2025-07-09",
    "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": 1752037219,
    "base": "USD",
    "date": "2025-07-09",
    "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": 1752037219,
    "base": "USD",
    "date": "2025-07-09",
    "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

The Metals-API is a transformative tool for developers looking to access real-time Praseodymium prices and other metals data. By leveraging the API's extensive features, businesses can enhance their decision-making processes, optimize their operations, and stay ahead in the competitive metal markets. The integration of smart technology and data analytics will continue to shape the future of the Praseodymium market, making real-time data access more critical than ever.

For more information on how to implement these features and to explore the full capabilities of the Metals-API, visit the Metals-API Documentation and start building your next-generation applications today.

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Access real-time Praseodymium (PRA) prices using this API