Get Praseodymium (PRA) prices using this API for real-time market analysis

Get Praseodymium (PRA) Prices Using This API for Real-Time Market Analysis

In today's fast-paced financial landscape, the ability to access real-time data is crucial for making informed decisions. This is especially true in the metals market, where prices can fluctuate dramatically based on a variety of factors. One such metal that has gained attention is Praseodymium (PRA), a rare earth element used in various high-tech applications. By leveraging the Metals-API, developers can access real-time pricing data for Praseodymium and other metals, enabling them to build innovative applications that provide valuable insights into market trends.

Metals-API Information

About Praseodymium (PRA)

Praseodymium is a member of the lanthanide series and is known for its unique properties, making it essential in various industries, including electronics, renewable energy, and aerospace. As digital transformation continues to reshape the metal markets, understanding the pricing dynamics of Praseodymium becomes increasingly important. The integration of smart technology and data analytics allows businesses to gain insights into market trends, enabling them to make data-driven decisions.

Technological advancements have paved the way for innovative solutions in the metals market. The use of data analytics can help identify patterns and predict future price movements, while smart technology integration allows for real-time monitoring of market conditions. As the demand for Praseodymium continues to rise, driven by its applications in electric vehicle batteries and other high-tech products, the need for accurate and timely pricing information becomes paramount.

API Description

The Metals-API is a powerful tool that provides developers with access to real-time and historical pricing data for various metals, including Praseodymium. This API empowers developers to create next-generation applications that can analyze market trends, track price fluctuations, and provide valuable insights to users. With its robust capabilities, the Metals-API is designed to meet the needs of technically proficient developers looking to harness the power of real-time metals data.

One of the standout features of the Metals-API is its ability to deliver real-time exchange rate data. Depending on the subscription plan, developers can access the latest rates updated every 60 minutes, every 10 minutes, or even more frequently. This flexibility allows for tailored solutions that meet specific business requirements.

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: This endpoint provides real-time exchange rate data for metals, including Praseodymium. Developers can easily retrieve the latest prices, enabling them to stay updated with market conditions.
• Historical Rates Endpoint: Access historical rates dating back to 2019. This feature allows developers to analyze past price trends and make informed predictions about future movements.
• Bid and Ask Endpoint: Retrieve real-time bid and ask prices for metals. This information is crucial for traders looking to make timely decisions based on market conditions.
• Convert Endpoint: This endpoint allows for seamless currency conversion between different metals and currencies, making it easier for developers to build applications that require multi-currency support.
• Time-Series Endpoint: Query the API for daily historical rates between two dates of your choice. This feature is particularly useful for analyzing trends over specific time periods.
• Fluctuation Endpoint: Track how prices fluctuate on a day-to-day basis. This information can help developers identify patterns and make predictions based on historical data.
• Carat Endpoint: Retrieve information about gold rates by carat, allowing for precise calculations in applications that require detailed gold pricing.
• Lowest/Highest Price Endpoint: Query the API to get the lowest and highest prices for a specified date, providing valuable insights into market volatility.
• Open/High/Low/Close (OHLC) Price Endpoint: Access open, high, low, and close prices for a specific time period, essential for traders looking to analyze market performance.
• Historical LME Endpoint: Access historical rates for LME symbols dating back to 2008, allowing for comprehensive analysis of market trends over time.
• API Key: Each user is provided with a unique API key that must be included in requests to authenticate and authorize access to the API.
• API Response: The API delivers exchange rates relative to USD by default, ensuring consistency across different requests.
• Available Endpoints: The Metals-API comes with a comprehensive list of endpoints, each designed to provide specific functionalities.
• Supported Symbols Endpoint: Access a constantly updated list of all available currencies and metals supported by the API.
• Gold Price India Endpoint: Retrieve the latest gold price in India, catering to a specific market segment.
• News Endpoint: Get the latest news articles related to various metals, keeping users informed about market developments.

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.

API Endpoint Examples and Responses

Latest Rates Endpoint

Get real-time exchange rates for all available metals:

{
    "success": true,
    "timestamp": 1745370027,
    "base": "USD",
    "date": "2025-04-23",
    "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"
}

This response indicates that the API successfully retrieved the latest rates for various metals, with the base currency being USD.

Historical Rates Endpoint

Access historical exchange rates for any date since 1999:

{
    "success": true,
    "timestamp": 1745283627,
    "base": "USD",
    "date": "2025-04-22",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This response shows the historical rates for a specific date, allowing developers to analyze past pricing trends.

Time-Series Endpoint

Get exchange rates for a specific time period:

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-04-16",
    "end_date": "2025-04-23",
    "base": "USD",
    "rates": {
        "2025-04-16": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-04-18": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-04-23": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides a time series of exchange rates, allowing developers to visualize trends over a specified period.

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": 1745370027,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This response indicates the conversion of 1000 USD to its equivalent in gold (XAU), showcasing the API's versatility in handling different currencies and metals.

Fluctuation Endpoint

Track rate fluctuations between two dates:

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-04-16",
    "end_date": "2025-04-23",
    "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"
}

This response provides insights into how prices have changed over a specific period, helping developers understand market volatility.

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

Get OHLC data for a specific time period:

{
    "success": true,
    "timestamp": 1745370027,
    "base": "USD",
    "date": "2025-04-23",
    "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"
}

This response provides a comprehensive overview of the price movements for a specific date, essential for traders analyzing market performance.

Bid/Ask Endpoint

Get current bid and ask prices for metals:

{
    "success": true,
    "timestamp": 1745370027,
    "base": "USD",
    "date": "2025-04-23",
    "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"
}

This response provides the current bid and ask prices, crucial for traders looking to make informed decisions based on market conditions.

Conclusion

In conclusion, the Metals-API offers a comprehensive solution for accessing real-time and historical pricing data for Praseodymium and other metals. By leveraging its powerful features, developers can create innovative applications that provide valuable insights into market trends and price fluctuations. The API's flexibility and extensive capabilities make it an essential tool for anyone looking to navigate the complexities of the metals market.

As the demand for Praseodymium continues to grow, driven by advancements in technology and the increasing need for sustainable solutions, having access to accurate and timely pricing information will be crucial. The Metals-API not only empowers developers to build next-generation applications but also plays a vital role in shaping the future of the metals market.

For more information on how to get started with the Metals-API, check out the Metals-API Documentation and explore the Metals-API Supported Symbols for a complete list of available metals and currencies.