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The image displays a line graph titled "Precious metals price history" depicting the average closing prices of gold, platinum, and palladium from 2013 to 2021, with prices ranging from $500 to $3000 per ounce. Gold prices steadily increased from around $1200 in 2013 to over $1800 in 2021, with a brief dip in 2015. Platinum prices fluctuated between $1000 and $1500, peaking in 2014 and 2016 before declining to around $1000 in 2021. Palladium prices experienced the most significant growth, starting at $500 in 2013, peaking at almost $3000 in 2020, and ending at around $2500 in 2021.
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The chart below demonstrates selected precious metals and how the average closing prices specifically change from 2013 to 2021.
Overall, the data shows the information about the prices of gold, platinum and palladium metals through years. The total number of the price has increased in 2021. Despite the fact that platinum cost was higher in the beginning. In 2013, the platinum metal was the most expensive production but after 2 years the value of platinum became lower.
In 2013, the palladium metal was not that popular as it is presented in 2021. The metal was becoming more valuable each year beside 2016. From 2016 until 2021 palladium cost was improved. It has the most expensive outcome comparing all the metals.
The price for gold is approximately 1500$ in 2013. That cost has not been changed much after 8 years. In 2021, the number is almost 2000$. Precious metals price history transforms every year.
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