The line graph depicts the average closing prices of selected precious metals over the period of 2013 to 2021.
Overall, the graph demonstrates that the price of gold remained relatively stable with minor fluctuations, while platinum experienced a substantial decrease in value, and palladium saw a significant increase in price over the years.
Gold’s price fluctuated between approximately $1100 and $1500 per ounce from 2013 to 2019, with a notable increase to $1750 in 2020, following which it stayed the same in 2021. Conversely, platinum’s value dropped from $1500 in 2013 to around $750 from 2018 to 2020, with minor variations thereafter. Palladium’s price declined from approximately $750 to above $500 per ounce from 2013 to 2016, but then experienced a steady and remarkable increase to just under $2500 by 2021.
In summary, gold maintained a relatively steady price range, platinum witnessed a significant decline in value, and palladium underwent a substantial and consistent price increase during the period from 2013 to 2021.
