Today's Neodymium Price in India — June 1, 2026
As of June 1, 2026, Neodymium is trading at Twelve Rupees per gram across India. The 10-gram rate stands at One Hundred and Twenty Rupees, and 100 grams costs One Thousand One Hundred and Ninety Six Rupees.
10-Day Price Trend
Neodymium Price by Weight
Today's Neodymium rate is Twelve Rupees per gram. At this rate, 10 grams of Neodymium costs One Hundred and Twenty Rupees.
| Unit | Weight | Price (INR) | Price in Words |
|---|---|---|---|
| 1 Gram | 1.0000 g | ₹11.96 | Twelve Rupees |
| 8 Grams | 8.0000 g | ₹95.68 | Ninety Six Rupees |
| 10 Grams | 10.0000 g | ₹119.60 | One Hundred and Twenty Rupees |
| 100 Grams | 100.0000 g | ₹1,196.00 | One Thousand One Hundred and Ninety Six Rupees |
| 1 Kilogram | 1,000.0000 g | ₹11,960.00 | Eleven Thousand Nine Hundred and Sixty Rupees |
| 1 Ounce (oz) | 28.3495 g | ₹339.06 | Three Hundred and Thirty Nine Rupees |
| 1 Troy Ounce | 31.1035 g | ₹372.00 | Three Hundred and Seventy Two Rupees |
| 1 Metric Ton | 1,000,000.0000 g | ₹11,960,000.00 | One Crore Nineteen Lakh Sixty Thousand Rupees |
Historical Prices — Last 10 Days
The most recent Neodymium price on record (2026-05-31) is Twelve Rupees per gram.
| Date | Price (₹/g) | Change |
|---|---|---|
| 2026-05-31 | ₹11.96 | 0.00 |
| 2026-05-30 | ₹11.96 | -0.07 |
| 2026-05-29 | ₹12.03 | -0.09 |
| 2026-05-28 | ₹12.12 | +0.15 |
| 2026-05-27 | ₹11.97 | -0.08 |
| 2026-05-26 | ₹12.05 | -0.08 |
| 2026-05-25 | ₹12.13 | +0.01 |
| 2026-05-24 | ₹12.12 | 0.00 |
| 2026-05-23 | ₹12.12 | -0.12 |
| 2026-05-22 | ₹12.24 | — |
Frequently Asked Questions
Today's neodymium price per gram in India is shown on this page. Neodymium is a rare earth element primarily used to make neodymium-iron-boron (NdFeB) permanent magnets — the strongest permanent magnets available. These are critical for EV motors, wind turbines, and consumer electronics.
Neodymium magnets are essential for the motors in electric vehicles and the generators in wind turbines. As India scales up both EV production and wind energy capacity, demand for neodymium will grow significantly. India currently imports neodymium primarily from China, which controls ~85% of global rare earth production.
Neodymium prices are updated daily on MetalsCost from international rare earth market data. View the 10-day chart for recent price movements.