The graph below shows the average closing prices of selected precious metals from 2013 to 2021

The graph provides information about the closing prices of invaluable metals

in

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avarage

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average

over the

period

of the year from 2013 to 2021.

Overall

,

it is clear that

platinum

had the highest

price

at the beginning, but it was the lowest

at the end

of the

period

,

whereas

palladium had the opposite direction from

platinum

.

However

, the value of

gold

has changed slightly over the past eight years. At the beginning of the

period

,

gold

and

platinum

prices were relatively similar, and both slightly dropped until 2015.

However

,

gold

and

platinum

remained considerably higher than palladium over the

period

. In the first year,

platinum

was estimated to have a value of nearly 1500

dollars

per

ounce

,

while

gold

was below

platinum

.

After

this

, the

price

of

platinum

dropped considerably to around 1000

dollars

per

ounce

, in the same way that

gold

experienced a drastic decrease to 1200

dollars

in 2015. In 2021,

gold

had a dramatic rise to almost 2000

dollars

per

ounce

.

On the other hand

,

platinum

had a small dip, and

then

it rose to just over 1000

dollars

per

ounce

in the

last

year. Turning to

palldium

Correct your spelling

palladium

, it was just 800

dollars

per

ounce

, which was the lowest

price

of all metals. It marginally dropped to nearly 500 in 2016,

while

it saw considerable growth to 2400

dollars

in 2021

,

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when its

price

reached its peak.