Band 8+: The graph below shows the average closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

The line chart illustrates the price variance in the valuable metals between 2013 and 2021.

Overall, although Platinum was originally responsible for the highest price, it was overtaken by Palladium by the end of the period. Besides, the cost of all metals experienced significant growth over the entire period, except for Platinum, which mainly showed declines.

The price of Gold was initially as high as that of Platinum (1500), and both figures declined by roughly a third until 2015. Following this, the former climbed consistently over the rest of the period, passing about 1400 in 2019 and peaking at around 1700 in 2021. In contrast, the latter experienced a marked drop until 2020 before rising slightly to just over 1000 at the end of the period.

As for the price of Palladium, it was half as high as that of Gold in 2013 and remained roughly stable at around 700 in the next three years. Subsequently, in 2019, the figure surpassed the prices of Gold and Platinum, peaking at about 2400 in 2021.