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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 $2800/oz.
Given the complexity of the image, the above description may not be entirely accurate.
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The line graph illustrates the price rates of three precious three metals between 2013 and 2021.
Overall, the price of palladium increased in 2021. Despite, the majority platinum prices initially, this was surpassed by the prices of gold and palladium later.
The cost of palladium in 2013 was around 500$ per oz. This figure fluctuated from 2013 to 2016. In 2017, there was a sharp escalation in the expense of palladium, a trend that continued year on year, reaching approximately 2500$ per oz.
In addition, the number of golds hovered around about 1500$ per oz from 2013 to 2019. In 2020, it suddenly rose to almost 2000$ per oz. Then, it plateaued at this level until 2021. On the other hand, the prices of platinum had 1500$ per oz in2013 but it dramatically decreased to about 1000$ per oz. It was fluctuated at that level for the remainder of the period.
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