Get Dysprosium (DYS) Historical Prices with Metals-API
Get Dysprosium (DYS) Historical Prices with Metals-API
In the ever-evolving landscape of metal markets, the demand for accurate and timely data has never been more critical. Dysprosium (DYS), a rare earth element, plays a pivotal role in various high-tech applications, including electric vehicles, renewable energy technologies, and advanced electronics. To navigate this complex market, developers and businesses can leverage the power of the Metals-API, a robust platform that provides real-time and historical pricing data for a wide range of metals, including Dysprosium. This blog post will explore how to access historical prices for Dysprosium using Metals-API, along with insights into the transformative potential of this technology in the metal markets.
Metals-API Information
About Dysprosium (DYS)
Dysprosium is a critical component in the production of high-performance magnets, which are essential for the operation of electric motors and generators. As industries move towards digital transformation and technological innovation, the demand for Dysprosium is expected to rise. The integration of smart technologies and data analytics in metal markets allows for better forecasting and decision-making, enabling businesses to stay ahead of the curve. By utilizing the Metals-API Documentation, developers can access valuable insights and historical data that can inform their strategies and investments.
API Description
The Metals-API is designed to empower developers with the tools needed to build next-generation applications that require real-time metals data. With its comprehensive set of features, the API enables users to access current and historical prices, perform currency conversions, and analyze market trends. The transformative potential of real-time data cannot be overstated; it allows for informed decision-making, risk management, and strategic planning in a volatile market.
Key Features and Endpoints
The Metals-API offers a variety of endpoints that cater to different needs. Here are some of the key features:
Latest Rates Endpoint
The Latest Rates Endpoint provides real-time exchange rate data for Dysprosium and other metals. Depending on your subscription plan, this endpoint can return data updated every 60 minutes, every 10 minutes, or even more frequently. This feature is essential for traders and businesses that require up-to-the-minute pricing information.
{
"success": true,
"timestamp": 1743832816,
"base": "USD",
"date": "2025-04-05",
"rates": {
"DYS": 0.000482
},
"unit": "per troy ounce"
}Historical Rates Endpoint
For those looking to analyze trends over time, the Historical Rates Endpoint is invaluable. It allows users to query historical rates dating back to 2019 by appending a specific date to the API request. This feature is particularly useful for market analysts and researchers who need to understand price movements and market dynamics.
{
"success": true,
"timestamp": 1743746416,
"base": "USD",
"date": "2025-04-04",
"rates": {
"DYS": 0.000485
},
"unit": "per troy ounce"
}Bid And Ask Endpoint
The Bid and Ask Endpoint provides real-time bid and ask prices for Dysprosium. This feature is crucial for traders who need to make quick decisions based on market conditions. Depending on your subscription plan, this endpoint can deliver precise pricing information that reflects current market sentiment.
{
"success": true,
"timestamp": 1743832816,
"base": "USD",
"date": "2025-04-05",
"rates": {
"DYS": {
"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 of Dysprosium from one currency to another. This feature is particularly useful for international traders who deal with multiple currencies and need to understand the equivalent value of Dysprosium in their local currency.
{
"success": true,
"query": {
"from": "USD",
"to": "DYS",
"amount": 1000
},
"info": {
"timestamp": 1743832816,
"rate": 0.000482
},
"result": 0.482,
"unit": "troy ounces"
}Time-Series Endpoint
The Time-Series Endpoint allows users to query daily historical rates between two dates of their choice. This feature is essential for those looking to analyze price trends over specific periods, enabling better forecasting and strategic planning.
{
"success": true,
"timeseries": true,
"start_date": "2025-03-29",
"end_date": "2025-04-05",
"base": "USD",
"rates": {
"2025-03-29": {
"DYS": 0.000485
},
"2025-04-05": {
"DYS": 0.000482
}
},
"unit": "per troy ounce"
}Fluctuation Endpoint
The Fluctuation Endpoint provides information about how Dysprosium prices fluctuate on a day-to-day basis. This feature is particularly useful for traders who need to understand market volatility and make informed decisions based on price changes.
{
"success": true,
"fluctuation": true,
"start_date": "2025-03-29",
"end_date": "2025-04-05",
"base": "USD",
"rates": {
"DYS": {
"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 allows users to retrieve the open, high, low, and close prices for Dysprosium over a specific time period. This data is crucial for traders and analysts who need to understand the price range and market behavior during that period.
{
"success": true,
"timestamp": 1743832816,
"base": "USD",
"date": "2025-04-05",
"rates": {
"DYS": {
"open": 0.000485,
"high": 0.000487,
"low": 0.000481,
"close": 0.000482
}
},
"unit": "per troy ounce"
}Historical LME Endpoint
The Historical LME Endpoint provides access to historical rates for LME symbols, dating back to 2008. This endpoint is particularly useful for those looking to analyze long-term trends in the Dysprosium market.
API Key and Authentication
To access the Metals-API, users must obtain an API Key, which is a unique identifier that must be included in the API request. This key is essential for authentication and ensures that only authorized users can access the data. Proper management of API keys is crucial for maintaining security and preventing unauthorized access.
API Response and Data Handling
The response from the Metals-API is delivered in JSON format, making it easy for developers to parse and integrate the data into their applications. Each response includes fields such as success status, timestamp, base currency, date, and rates for the requested metals. Understanding these fields is essential for effective data handling and analysis.
Performance Optimization and Best Practices
When integrating the Metals-API into applications, developers should consider performance optimization strategies, such as caching frequently accessed data and implementing rate limiting to avoid exceeding API quotas. Additionally, thorough error handling and recovery strategies should be in place to manage potential issues that may arise during API requests.
Conclusion
In conclusion, accessing historical prices for Dysprosium through the Metals-API offers developers and businesses a powerful tool for navigating the complexities of the metal markets. With features such as real-time pricing, historical data access, and comprehensive analytics capabilities, the Metals-API empowers users to make informed decisions and stay ahead in a rapidly changing environment. By leveraging the insights gained from this API, businesses can enhance their strategies, optimize their operations, and ultimately drive success in the competitive landscape of metal trading. For more information, visit the Metals-API Website and explore the Metals-API Supported Symbols for a complete list of available metals.