Access Neodymium (ND) prices using this API for market analysis

Access Neodymium (ND) Prices Using This API for Market Analysis

In the rapidly evolving landscape of metal markets, the ability to access real-time data is paramount for developers and analysts alike. One such metal that has gained significant attention is Neodymium (ND), a rare earth element that plays a crucial role in various technological applications, including magnets, batteries, and electronics. By utilizing the Metals-API, developers can seamlessly integrate Neodymium price data into their applications, enabling informed decision-making and market analysis.

About Neodymium (ND)

Neodymium is a silvery-white metal that is part of the lanthanide series in the periodic table. It is primarily used in the production of high-strength magnets, which are essential for electric motors, generators, and various electronic devices. As industries continue to innovate and demand for clean energy solutions rises, the significance of Neodymium is expected to grow. The digital transformation in metal markets is paving the way for enhanced data analytics and insights, allowing stakeholders to monitor price fluctuations and market trends effectively.

Technological advancements in data collection and processing have made it possible to track Neodymium prices in real-time. The integration of smart technology into market analysis tools enables developers to create applications that provide valuable insights into pricing trends, demand forecasting, and supply chain management. As we look to the future, the possibilities for Neodymium and its applications are vast, with potential developments in electric vehicles, renewable energy, and advanced electronics.

Understanding the Metals-API

The Metals-API is a powerful tool designed to provide developers with access to real-time and historical metal prices, including Neodymium. This API empowers users to build next-generation applications that can analyze market trends, perform currency conversions, and retrieve comprehensive data on various metals. With a user-friendly interface and extensive documentation, the Metals-API simplifies the process of integrating metal price data into applications.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on your subscription plan, the API can return the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This capability is crucial for developers looking to create applications that require up-to-the-minute pricing information.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different needs, ensuring that developers have the tools necessary to create robust applications. Here are some of the key features:

• Latest Rates Endpoint: This endpoint provides real-time exchange rate data for Neodymium and other metals. For example, a request to this endpoint might return the current price of Neodymium in USD, allowing developers to display this information in their applications.
• Historical Rates Endpoint: Access historical rates dating back to 2019, enabling developers to analyze price trends over time. By appending a specific date to the request, users can retrieve past pricing data for Neodymium, which is invaluable for market analysis.
• Bid and Ask Endpoint: This feature allows developers to retrieve real-time bid and ask prices for Neodymium. Understanding the spread between these prices can help traders make informed decisions.
• Convert Endpoint: The Metals-API includes a currency conversion feature, allowing users to convert amounts from one metal to another or to/from USD. This is particularly useful for applications that require multi-metal pricing.
• Time-Series Endpoint: Developers can query the API for daily historical rates between two dates of their choice, facilitating in-depth analysis of price movements over specific periods.
• Fluctuation Endpoint: This endpoint provides information about how Neodymium prices fluctuate on a day-to-day basis, helping users understand market volatility.
• Carat Endpoint: Users can retrieve information about gold rates by carat, which can be useful for applications dealing with precious metals.
• Lowest/Highest Price Endpoint: This feature allows developers to query the API for the lowest and highest prices of Neodymium over a specified period, providing insights into market extremes.
• Open/High/Low/Close (OHLC) Price Endpoint: Users can access OHLC data for Neodymium, which is essential for technical analysis and trading strategies.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive market analysis.
• API Key: Each user receives a unique API key that must be included in requests to authenticate access to the API.
• API Response: The Metals-API returns exchange rates relative to USD by default, ensuring consistency in data presentation.
• Available Endpoints: The API includes 14 endpoints, each providing distinct functionalities tailored to various user needs.
• Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available metal symbols, including Neodymium, ensuring users have access to the latest data.
• News Endpoint: Retrieve the latest news articles related to various metals, keeping users informed about market developments.

API Endpoint Examples and Responses

To illustrate the functionality of the Metals-API, here are some example responses for key endpoints:

Latest Rates Endpoint

{
"success": true,
"timestamp": 1768694905,
"base": "USD",
"date": "2026-01-18",
"rates": {
"ND": 0.000482
},
"unit": "per troy ounce"
}

Historical Rates Endpoint

{
"success": true,
"timestamp": 1768608505,
"base": "USD",
"date": "2026-01-17",
"rates": {
"ND": 0.000485
},
"unit": "per troy ounce"
}

Time-series Endpoint

{
"success": true,
"timeseries": true,
"start_date": "2026-01-11",
"end_date": "2026-01-18",
"base": "USD",
"rates": {
"2026-01-11": {
"ND": 0.000485
},
"2026-01-18": {
"ND": 0.000482
}
},
"unit": "per troy ounce"
}

Convert Endpoint

{
"success": true,
"query": {
"from": "USD",
"to": "ND",
"amount": 1000
},
"info": {
"timestamp": 1768694905,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}

Fluctuation Endpoint

{
"success": true,
"fluctuation": true,
"start_date": "2026-01-11",
"end_date": "2026-01-18",
"base": "USD",
"rates": {
"ND": {
"start_rate": 0.000485,
"end_rate": 0.000482,
"change": -3.0e-6,
"change_pct": -0.62
}
},
"unit": "per troy ounce"
}

OHLC (Open/High/Low/Close) Price Endpoint

{
"success": true,
"timestamp": 1768694905,
"base": "USD",
"date": "2026-01-18",
"rates": {
"ND": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}

Bid/Ask Endpoint

{
"success": true,
"timestamp": 1768694905,
"base": "USD",
"date": "2026-01-18",
"rates": {
"ND": {
"bid": 0.000481,
"ask": 0.000483,
"spread": 2.0e-6
}
},
"unit": "per troy ounce"
}

Conclusion

In conclusion, the Metals-API provides a comprehensive solution for accessing Neodymium prices and other metal data, empowering developers to create innovative applications that drive market analysis and decision-making. With features such as real-time rates, historical data, and various endpoints tailored to specific needs, the API stands as a vital tool in the digital transformation of metal markets. As industries continue to evolve, the integration of smart technology and data analytics will play a crucial role in shaping the future of metal trading.

For developers looking to leverage the power of real-time metals data, exploring the Metals-API Documentation is a great starting point. Additionally, the Metals-API Supported Symbols page provides a comprehensive list of available metals, ensuring users have access to the latest information. By harnessing the capabilities of the Metals-API, developers can unlock new opportunities in the ever-changing landscape of metal markets.