Fetch Praseodymium (PRA) Historical Prices with this API Endpoint

In the ever-evolving landscape of digital transformation, the demand for accurate and real-time data in the metal markets has never been more critical. As industries increasingly rely on data analytics and insights, the ability to fetch historical prices for metals like Praseodymium (PRA) through APIs has become a game-changer. This blog post will delve into how developers can leverage the Metals-API to access historical prices and other vital information about metals, focusing on the innovative capabilities of this API.

Understanding Praseodymium (PRA)

Praseodymium is a rare earth metal that plays a significant role in various high-tech applications, including electronics, catalysts, and magnets. As industries continue to innovate, the demand for Praseodymium is expected to rise, making it essential for developers and businesses to have access to accurate pricing data. The Metals-API provides a robust solution for fetching historical prices, enabling users to make informed decisions based on real-time data.

The Role of Digital Transformation in Metal Markets

The metal markets are undergoing a significant digital transformation, driven by advancements in technology and data analytics. With the rise of smart technology integration, businesses can now access real-time data that was previously unavailable. This transformation allows for better forecasting, inventory management, and pricing strategies, ultimately leading to increased efficiency and profitability.

Technological Innovation and Advancement

Technological advancements have paved the way for innovative solutions in the metal markets. The Metals-API stands out as a powerful tool that empowers developers to build next-generation applications. By providing access to real-time and historical data, this API enables businesses to stay ahead of market trends and make data-driven decisions.

Data Analytics and Insights

Data analytics plays a crucial role in understanding market dynamics. With the Metals-API, developers can access a wealth of information, including historical prices, fluctuations, and trends. This data can be analyzed to gain insights into market behavior, helping businesses to strategize effectively.

Future Trends and Possibilities

As the demand for metals continues to grow, the future of the metal markets looks promising. The integration of advanced analytics and real-time data will enable businesses to adapt quickly to market changes. The Metals-API is at the forefront of this evolution, providing the tools necessary for businesses to thrive in a competitive landscape.

API Description

The Metals-API is a comprehensive solution for accessing metals prices and currency conversion data. It offers a wide range of features that cater to the needs of developers and businesses alike. By utilizing this API, users can fetch real-time and historical data, enabling them to make informed decisions based on accurate information.

Key Features of Metals-API

One of the standout features of the Metals-API is its ability to provide real-time exchange rate data. Depending on your subscription plan, the API's latest rates endpoint returns updated data every 60 minutes or even more frequently. This feature is essential for businesses that require up-to-the-minute information to make timely decisions.

The historical rates endpoint allows users to access historical prices dating back to 2019. By appending a specific date to the API request, developers can retrieve historical data for any metal, including Praseodymium. This capability is invaluable for trend analysis and forecasting.

Another powerful feature is the bid and ask endpoint, which provides real-time bid and ask prices for various metals. This information is crucial for traders and businesses looking to make informed purchasing decisions.

The convert endpoint enables users to convert any amount from one metal to another or to/from USD. This feature simplifies transactions and allows for seamless integration into financial applications.

The time-series endpoint allows developers to query the API for daily historical rates between two dates of their choice. This feature is particularly useful for analyzing trends over specific periods, providing insights into market behavior.

Using the fluctuation endpoint, users can track how metal prices fluctuate on a day-to-day basis. This information is essential for understanding market volatility and making strategic decisions.

The carat endpoint provides information about gold rates by carat, allowing users to access detailed pricing information based on purity levels. This feature is particularly useful for jewelers and gold traders.

For those interested in the lowest and highest prices, the Metals-API offers an endpoint that allows users to query for the lowest and highest prices for a specific date. This information is crucial for identifying market extremes and making informed trading decisions.

Additionally, the open/high/low/close (OHLC) price endpoint provides detailed pricing information for a specific time period, allowing users to analyze market performance comprehensively.

The historical LME endpoint grants access to historical rates for LME symbols dating back to 2008. This feature is essential for businesses that rely on LME data for their operations.

API Key and Response

To access the Metals-API, users must obtain an API key, which is passed into the API base URL's access_key parameter. This key is essential for authentication and authorization, ensuring that only authorized users can access the data.

The API response delivers exchange rates relative to USD by default. All data is returned in a structured JSON format, making it easy for developers to parse and utilize the information in their applications.

Example API Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1753326076,
    "base": "USD",
    "date": "2025-07-24",
    "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": 1753239676,
    "base": "USD",
    "date": "2025-07-23",
    "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": "2025-07-17",
    "end_date": "2025-07-24",
    "base": "USD",
    "rates": {
        "2025-07-17": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-07-19": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-07-24": {
            "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": 1753326076,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-07-17",
    "end_date": "2025-07-24",
    "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": 1753326076,
    "base": "USD",
    "date": "2025-07-24",
    "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": 1753326076,
    "base": "USD",
    "date": "2025-07-24",
    "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 an invaluable resource for developers seeking to access historical prices and real-time data for metals like Praseodymium. With its robust features, including the latest rates, historical rates, and various endpoints for conversion and fluctuation tracking, this API empowers businesses to make informed decisions based on accurate and timely information. As the metal markets continue to evolve, leveraging the capabilities of the Metals-API will be essential for staying competitive and capitalizing on emerging trends.

For more information on how to implement these features and access the full range of capabilities, visit the Metals-API Documentation and explore the Metals-API Supported Symbols for a comprehensive list of available metals. The Metals-API Website is also a great resource for understanding how this API can transform your approach to metal pricing and data analytics.