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Retrieve Praseodymium (PRA) Historical Prices with this API

Retrieve Praseodymium (PRA) Historical Prices with this API

Retrieve Praseodymium (PRA) Historical Prices with this API

Retrieve Praseodymium (PRA) Historical Prices with this API

In today's rapidly evolving digital landscape, the demand for real-time data and analytics in the metal markets has never been higher. This is particularly true for metals like Praseodymium (PRA), which are integral to various technological advancements. The Metals-API provides a robust solution for developers looking to access historical prices and other vital data related to metals, including Praseodymium. In this blog post, we will explore how to retrieve historical prices for Praseodymium using the Metals-API, while also delving into the broader implications of digital transformation in the metal markets.

About Praseodymium (PRA)

Praseodymium is a rare earth metal that plays a crucial role in various high-tech applications, including the manufacturing of strong magnets, catalysts, and glass. As industries increasingly rely on advanced materials, the importance of tracking the historical prices of Praseodymium becomes paramount. The digital transformation in metal markets has enabled the integration of smart technologies and data analytics, allowing stakeholders to make informed decisions based on real-time data.

Technological innovations have paved the way for enhanced data insights, enabling developers to create applications that leverage historical pricing data for predictive analytics, market trend analysis, and investment strategies. The Metals-API stands at the forefront of this transformation, offering a comprehensive suite of tools to access and analyze metal prices, including Praseodymium.

API Description

The Metals-API is a powerful tool designed to provide developers with real-time and historical data on various metals, including Praseodymium. With its user-friendly interface and extensive documentation, the API empowers developers to build next-generation applications that can analyze market trends, assess price fluctuations, and provide insights into the metal markets.

One of the key features of the Metals-API is its ability to deliver real-time exchange rate data, updated at intervals depending on the subscription plan. This means that developers can access the latest market information to make timely decisions. Additionally, the API offers historical rates dating back to 2019, allowing users to analyze price trends over time.

For detailed information on how to implement the API, developers can refer to the Metals-API Documentation, which provides comprehensive guidance on the various endpoints and their functionalities.

Key Features and Endpoints

The Metals-API offers a variety of endpoints that cater to different data retrieval needs. Here are some of the most significant features:

  • Latest Rates Endpoint: This endpoint provides real-time exchange rate data for metals, including Praseodymium. Depending on the subscription plan, the data can be updated every 60 minutes or even more frequently. This feature is essential for applications that require up-to-the-minute pricing information.
  • Historical Rates Endpoint: Users can access historical rates for Praseodymium and other metals by appending a specific date to the API request. This feature is invaluable for analyzing price trends and making informed investment decisions.
  • Bid and Ask Endpoint: This endpoint allows developers to retrieve real-time bid and ask prices for metals. Understanding the bid-ask spread is crucial for traders and investors looking to optimize their transactions.
  • Convert Endpoint: The Metals-API includes a currency conversion feature, enabling users to convert amounts between different metals or to/from USD. This is particularly useful for applications that require multi-currency support.
  • Time-Series Endpoint: This feature allows users to query the API for daily historical rates between two specified dates. It is particularly useful for conducting in-depth analyses of price movements over time.
  • Fluctuation Endpoint: Users can track how metal prices fluctuate on a day-to-day basis using this endpoint. This information is critical for understanding market volatility and making strategic decisions.
  • Carat Endpoint: This endpoint provides information about gold rates by carat, which can be useful for applications focused on jewelry and precious metals.
  • Lowest/Highest Price Endpoint: Developers can query the API to find the lowest and highest prices for Praseodymium over a specified period, aiding in market analysis.
  • Open/High/Low/Close (OHLC) Price Endpoint: This endpoint provides open, high, low, and close prices for a specific date, which is essential for traders looking to analyze market performance.
  • Historical LME Endpoint: This feature allows users to access historical rates for LME symbols dating back to 2008, providing a long-term perspective on price trends.
  • API Key: Each user is provided with a unique API key that must be included in API requests to authenticate access.
  • API Response: The Metals-API delivers exchange rates relative to USD by default, ensuring consistency in data interpretation.
  • Supported Symbols Endpoint: This endpoint returns a constantly updated list of all available currencies and metals, including Praseodymium.
  • Gold Price India Endpoint: This dedicated endpoint retrieves the latest gold prices in India, showcasing the API's versatility.
  • News Endpoint: Users can access the latest news articles related to various metals, keeping them 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. This resource is invaluable for developers looking to integrate specific metal data into their applications.

API Endpoint Examples and Responses

Understanding the API responses is crucial for effective implementation. Below are examples of various API endpoints and their corresponding JSON responses:

Latest Rates Endpoint

{
    "success": true,
    "timestamp": 1748170815,
    "base": "USD",
    "date": "2025-05-25",
    "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 call was successful and provides the latest exchange rates for various metals, including Praseodymium.

Historical Rates Endpoint

{
    "success": true,
    "timestamp": 1748084415,
    "base": "USD",
    "date": "2025-05-24",
    "rates": {
        "XAU": 0.000485,
        "XAG": 0.03825,
        "XPT": 0.000915,
        "XPD": 0.000748
    },
    "unit": "per troy ounce"
}

This example shows how to retrieve historical rates for Praseodymium and other metals for a specific date.

Time-series Endpoint

{
    "success": true,
    "timeseries": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "base": "USD",
    "rates": {
        "2025-05-18": {
            "XAU": 0.000485,
            "XAG": 0.03825,
            "XPT": 0.000915
        },
        "2025-05-20": {
            "XAU": 0.000483,
            "XAG": 0.0382,
            "XPT": 0.000913
        },
        "2025-05-25": {
            "XAU": 0.000482,
            "XAG": 0.03815,
            "XPT": 0.000912
        }
    },
    "unit": "per troy ounce"
}

This response provides daily historical rates between two specified dates, allowing for detailed analysis of price movements over time.

Convert Endpoint

{
    "success": true,
    "query": {
        "from": "USD",
        "to": "XAU",
        "amount": 1000
    },
    "info": {
        "timestamp": 1748170815,
        "rate": 0.000482
    },
    "result": 0.482,
    "unit": "troy ounces"
}

This example illustrates how to convert an amount from one metal to another, showcasing the API's versatility in handling different currencies.

Fluctuation Endpoint

{
    "success": true,
    "fluctuation": true,
    "start_date": "2025-05-18",
    "end_date": "2025-05-25",
    "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 metal prices fluctuate over a specified period, which is essential for understanding market dynamics.

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

{
    "success": true,
    "timestamp": 1748170815,
    "base": "USD",
    "date": "2025-05-25",
    "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 endpoint provides critical market data, including the opening, highest, lowest, and closing prices for a specific date, which is vital for traders.

Bid/Ask Endpoint

{
    "success": true,
    "timestamp": 1748170815,
    "base": "USD",
    "date": "2025-05-25",
    "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 for metals, which is essential for traders looking to execute transactions at optimal prices.

Conclusion

The Metals-API is a transformative tool for developers looking to access historical prices and real-time data for metals like Praseodymium. By leveraging the various endpoints and features offered by the API, developers can create applications that provide valuable insights into market trends, price fluctuations, and investment opportunities. The integration of smart technology and data analytics in the metal markets is paving the way for a more informed and efficient trading environment.

For further exploration of the API's capabilities, developers are encouraged to visit the Metals-API Documentation for detailed guidance on implementation and usage. Additionally, the Metals-API Supported Symbols page offers a comprehensive list of available metal symbols, ensuring that developers can access the data they need for their applications.

As the demand for real-time data continues to grow, the Metals-API stands ready to empower developers with the tools they need to succeed in the ever-evolving metal markets.

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