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Neodymium Reference Rate — 10-Day Trend
All prices in ₹ per gram · daily rate, updated once per day
The Rare Earth Magnet You've Owned for Decades
Long before EV motors and wind turbines made neodymium a household name in energy circles, it was already doing quiet, essential work inside ordinary electronics. Every traditional hard disk drive built for the past several decades has relied on a neodymium-iron-boron magnet to swing its actuator arm across the spinning platters. Today's neodymium reference rate is ₹12.41 per gram on September 17, 2026.
- Hard disk drives: actuator-arm positioning magnets
- Speakers and headphones: driver magnets for sound production
- Smartphones: vibration motors and camera stabilization
Neodymium Reference Rate by Weight
Today's Neodymium rate is Twelve Rupees per gram. At this rate, 10 grams of Neodymium costs One Hundred and Twenty Four Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹12.41 | Twelve Rupees |
| 8 Grams | 8.0000 g | ₹99.24 | Ninety Nine Rupees |
| 10 Grams | 10.0000 g | ₹124.05 | One Hundred and Twenty Four Rupees |
| 100 Grams | 100.0000 g | ₹1,240.54 | One Thousand Two Hundred and Forty One Rupees |
| 1 Kilogram | 1,000.0000 g | ₹12,405.39 | Twelve Thousand Four Hundred and Five Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹351.69 | Three Hundred and Fifty Two Rupees |
| 1 Troy Ounce | 31.1035 g | ₹385.85 | Three Hundred and Eighty Six Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹12,405,389.00 | One Crore Twenty Four Lakh Five Thousand Three Hundred and Eighty Nine Rupees |
Why Small Electronics Don't Need the EV-Grade Formulation
EV traction motors and wind turbine generators run hot enough during operation that their neodymium magnets typically need dysprosium added to keep from losing magnetism. A hard disk drive spinning quietly inside a laptop, or a speaker driver in a pair of headphones, never gets anywhere near that operating temperature — so a straightforward neodymium-iron-boron formulation, without the dysprosium premium, does the job perfectly well.
Solid-state drives changed the equation for storage, not for electronics broadly
SSDs have no spinning platters and no actuator arm, so they simply don't need this kind of magnet — a genuine shift in one corner of neodymium's demand as storage technology moved on. But that shift is narrow: speakers, smartphone components, and small electric motors across an enormous range of consumer devices still lean on neodymium magnets the same way they always have.
| Device | Uses Neodymium Magnet? | Needs Dysprosium? |
|---|---|---|
| Traditional hard disk drive | Yes — actuator arm | No |
| Solid-state drive (SSD) | No moving parts to magnetize | N/A |
| Headphones/speakers | Yes — driver magnet | No |
Neodymium Reference Rate — Last 10 Days
The most recent Neodymium price on record (2026-09-17) is Twelve Rupees per gram. This is up by Less than One Rupees from the previous day's rate of ₹12.38.
| Date | Price (INR/g) | Change |
|---|---|---|
| 2026-09-17 | ₹12.41 | +0.02 |
| 2026-09-16 | ₹12.38 | -0.06 |
| 2026-09-15 | ₹12.44 | +0.02 |
| 2026-09-14 | ₹12.42 | +0.02 |
| 2026-09-13 | ₹12.40 | +0.00 |
| 2026-09-12 | ₹12.40 | +0.01 |
| 2026-09-11 | ₹12.40 | -0.01 |
| 2026-09-10 | ₹12.40 | +0.06 |
| 2026-09-09 | ₹12.34 | +0.05 |
| 2026-09-08 | ₹12.30 | — |
A Steady Demand Base Beneath the Bigger Headlines
EV and wind-turbine demand for neodymium gets most of the attention because each unit consumes considerably more of the metal than a single hard drive or speaker ever would. But the sheer global volume of consumer electronics manufactured every year means this quieter, older demand base remains genuinely significant — it just doesn't make for as dramatic a headline as a supply-chain story about electric vehicles.
The comparison table and 10-day history above track neodymium's price trend across all of these demand sources combined. For a longer view, the site's own neodymium price history page holds real recorded data by year and month.
Neodymium in Electronics — Common Questions
It powers the actuator arm — the mechanism that swings the read/write head across the spinning disk platters with precision. NdFeB magnets are strong enough, for their size and weight, to move that arm quickly and accurately millions of times over a drive's working life.
No — SSDs have no moving parts and no actuator arm, so they don't need this kind of magnet at all. Neodymium's hard-drive role is specifically tied to traditional spinning-platter mechanical drives.
Headphone and speaker drivers, smartphone vibration motors and camera-stabilization systems, cooling fans, and countless small electric motors all commonly use neodymium-based magnets — their high magnetic strength per unit of size and weight makes them ideal wherever a device needs strong magnetism packed into a small space.
Generally not. EV motors and wind turbine generators run hot enough to need dysprosium-enhanced neodymium magnets. Consumer electronics like hard drives and speakers typically run cool enough that a straightforward neodymium-iron-boron formulation, without added heavy rare earths, works fine.
EV motors and wind turbines use considerably more neodymium per unit than a single hard drive or speaker, so large-scale clean-energy demand tends to dominate headlines about neodymium's price story — but the sheer volume of electronics devices manufactured worldwide still makes this an established, steady demand base.
