The line graph displays the approximate final costs of various valuable metals between 2013 and 2021.
Overall, the cost of palladium per ounce increased throughout this period, while gold prices remained stable before experiencing a steady rise. The price of platinum started relatively high but then dropped slightly to its lowest point.
Between 2013 and 2014, the prices of all metals remained at levels approximately the same as those displayed in 2013. During this time, the prices of platinum and palladium fell by around $500 each, whereas the cost of gold rose by almost $1,500 by 2019. Palladium saw a sharp escalation in 2018 and maintained high prices thereafter.
In 2019, following a dramatic fall in gold prices, gold experienced a rise and plateaued between 2020 and 2021. The price of platinum averaged $1,000 per ounce from 2015 to 2021. Consequently, in 2021, palladium recorded the highest price, while platinum had the lowest.
