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The image presents a line graph detailing the average closing prices of gold, platinum, and palladium from 2013 to 2021. In 2013, gold is around $1400/oz, platinum is near $1600/oz, and palladium is approximately $750/oz. By 2014, gold slightly decreases to about $1300/oz, platinum dips to around $1400/oz, and palladium rises to about $800/oz. In 2015, gold drops to roughly $1150/oz, platinum falls to about $1000/oz, and palladium decreases to approximately $700/oz. By 2016, gold increases to about $1250/oz, platinum remains steady at roughly $1000/oz, and palladium is slight below $600/oz. In 2017, gold is steady at around $1200/oz, platinum maintains at $1000/oz, and palladium rises to nearly $900/oz. In 2018, gold is constant at $1200/oz, platinum declines to around $850/oz, and palladium surpasses platinum at $1000/oz. By 2019, gold raises to $1400/oz, platinum is near $900/oz, and palladium sharply increases to $1500/oz. In 2020, gold peaks at around $1800/oz, platinum rises to approximately $900/oz, and palladium peaks at $2500/oz. By 2021, gold stabilizes at roughly $1800/oz, platinum reaches $1100/oz, and palladium remains highest at $2800/oz.
Given the complexity of the image, the above description may not be entirely accurate.
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The line graph illustrates the average closing values of specific precious metals including gold, platinum, and palladium over the eight-year period from 2013 to 2021.
Overall, palladium demonstrated the dramatic growth over the given period earning the most expensive precious metal among the three metals. In contrast, platinum experienced the downward trend despite a minor rise in 2021, while gold slightly climbed up over the given period.
Palladium slightly rose from roughly $700 per oz to $800 per oz prior to the downward trend between 2014 and 2016. The prices of palladium began to significantly rose betwen 2016 and 2020, finishing its closing price in 2021 at nearly $2500 per oz.
Conversely, platinum gradually decreased from $1500 per oz in 2013 to roughly $900 per oz in 2020, then began to climb slightly to $1,100 per oz at the end of the given period.
Gold finished its closing price at $1800 per oz in 2021, which was slightly higher than the starting price of $1400 per oz in 2013. Its price experienced a drop from 2013 to 2015, then grew up steadily from 2015 to 2019. It demonstrated a significant rise in 2020 despite a brief plateau from 2020 to 2021.
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