Best Neodymium (ND) price data API in 2025

As we look ahead to 2025, the demand for Neodymium (ND) continues to rise, driven by its critical role in various high-tech applications, including electric vehicles, renewable energy technologies, and advanced electronics. Understanding the best Neodymium price data API is essential for developers and businesses looking to leverage real-time data in their applications. In this blog post, we will explore the capabilities of the Metals-API, its innovative features, and how it can transform the way we interact with metal market data.

Metals-API Information

About Neodymium (ND)

Neodymium is a rare earth metal that has become increasingly important in modern technology. Its unique properties make it an essential component in the production of strong permanent magnets, which are used in everything from electric motors to wind turbines. As industries undergo digital transformation, the need for accurate and timely data on Neodymium prices becomes paramount. The integration of smart technology and data analytics allows businesses to make informed decisions based on real-time market insights.

Technological advancements in data collection and analysis have paved the way for innovative solutions in the metal markets. The ability to access real-time data through APIs enables developers to create applications that can track price fluctuations, analyze historical trends, and even forecast future prices. As we move towards a more data-driven future, the possibilities for Neodymium and other metals are vast.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical data on various metals, including Neodymium. This API empowers users to build next-generation applications that can analyze market trends, perform currency conversions, and retrieve critical price information. With its robust capabilities, the Metals-API stands out as a leader in the field of metals data.

One of the key advantages of the Metals-API is its ability to deliver real-time data updates. Depending on your subscription plan, the API can provide exchange rate data updated every 60 minutes or even every 10 minutes. This level of granularity allows businesses to stay ahead of market trends and make timely decisions.

For developers looking to integrate the Metals-API into their applications, the Metals-API Documentation offers comprehensive guidance on how to utilize its features effectively. The documentation covers everything from authentication to endpoint usage, ensuring that developers have the resources they need to succeed.

Key Features and Endpoints

The Metals-API offers a variety of endpoints, each designed to meet specific needs in the realm of metals data. Here are some of the most notable features:

Latest Rates Endpoint

The Latest Rates Endpoint provides real-time exchange rate data for Neodymium and other metals. Depending on your subscription plan, you can receive updates every 60 minutes or more frequently. This endpoint is crucial for applications that require up-to-the-minute pricing information.

{
        "success": true,
        "timestamp": 1743123621,
        "base": "USD",
        "date": "2025-03-28",
        "rates": {
            "ND": 0.000482
        },
        "unit": "per troy ounce"
    }

Historical Rates Endpoint

Accessing historical rates is vital for analyzing market trends. The Historical Rates Endpoint allows users to query data dating back to 2019. By appending a specific date to your request, you can retrieve past pricing information for Neodymium.

{
        "success": true,
        "timestamp": 1743037221,
        "base": "USD",
        "date": "2025-03-27",
        "rates": {
            "ND": 0.000485
        },
        "unit": "per troy ounce"
    }

Bid And Ask Endpoint

The Bid and Ask Endpoint is a powerful feature that provides real-time bid and ask prices for Neodymium. This information is essential for traders and businesses looking to make informed purchasing decisions.

{
        "success": true,
        "timestamp": 1743123621,
        "base": "USD",
        "date": "2025-03-28",
        "rates": {
            "ND": {
                "bid": 0.000481,
                "ask": 0.000483,
                "spread": 2.0e-6
            }
        },
        "unit": "per troy ounce"
    }

Convert Endpoint

The Convert Endpoint allows users to convert any amount from one metal to another or to/from USD. This feature is particularly useful for businesses that deal with multiple currencies and need to streamline their transactions.

{
        "success": true,
        "query": {
            "from": "USD",
            "to": "ND",
            "amount": 1000
        },
        "info": {
            "timestamp": 1743123621,
            "rate": 0.000482
        },
        "result": 0.482,
        "unit": "troy ounces"
    }

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 invaluable for analyzing trends over time and making data-driven predictions.

{
        "success": true,
        "timeseries": true,
        "start_date": "2025-03-21",
        "end_date": "2025-03-28",
        "base": "USD",
        "rates": {
            "2025-03-21": {
                "ND": 0.000485
            },
            "2025-03-28": {
                "ND": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Fluctuation Endpoint

Using the Fluctuation Endpoint, you can retrieve information about how Neodymium prices fluctuate on a day-to-day basis. This data is crucial for understanding market volatility and making informed trading decisions.

{
        "success": true,
        "fluctuation": true,
        "start_date": "2025-03-21",
        "end_date": "2025-03-28",
        "base": "USD",
        "rates": {
            "ND": {
                "start_rate": 0.000485,
                "end_rate": 0.000482,
                "change": -3.0e-6,
                "change_pct": -0.62
            }
        },
        "unit": "per troy ounce"
    }

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

The OHLC Price Endpoint provides users with open, high, low, and close prices for Neodymium over a specified time period. This data is essential for traders looking to analyze price movements and make strategic decisions.

{
        "success": true,
        "timestamp": 1743123621,
        "base": "USD",
        "date": "2025-03-28",
        "rates": {
            "ND": {
                "open": 0.000485,
                "high": 0.000487,
                "low": 0.000481,
                "close": 0.000482
            }
        },
        "unit": "per troy ounce"
    }

Historical LME Endpoint

The Historical LME Endpoint allows users to access historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for businesses that need to analyze long-term trends in Neodymium pricing.

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.

Conclusion

As we move into 2025, the importance of accurate and timely data on Neodymium prices cannot be overstated. The Metals-API offers a comprehensive solution for developers looking to integrate real-time metal market data into their applications. With features such as the Latest Rates Endpoint, Historical Rates Endpoint, and various conversion options, the API provides the tools necessary to navigate the complexities of the metal markets.

By leveraging the capabilities of the Metals-API, businesses can gain valuable insights into market trends, optimize their trading strategies, and ultimately drive growth in an increasingly competitive landscape. For more information on how to get started, visit the Metals-API Website and explore the extensive documentation available.

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