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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 $2800/oz.
Given the complexity of the image, the above description may not be entirely accurate.
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The line graph presents the typical closing prices designated precious metals between 2013 and 2021.
Overall, the value of palladium has experienced a very significant increase after being remainly steady at first.
While gold showed an overall upward trend, platinum generally declined before recovering slightly in the final year.
The value of palladium in 2013 was around 750$ per oz and remain fairly stable, then in 2016 the value rose annually and reach around 2400$ per oz in 2021 reaching its peak.
In 2013, gold and platinum started out around 1300-1400$ per ounce in the market. Both of the metal continued to have similar prices between 2013 and 2015 and relatively steady. However, in 2016 the rate of gold kept increasing gradually to approximately 1700$ per oz in 2021. Meanwhile, platinum on the other side experienced the opposite, the level of price of platinum shows a downward trend, ultimately leaving the rate of platinum around 1000$ per ounce in 2021 as the lowest price out of all category and also in the given period of time.
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