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

21/07/2026 16:19 7.5 skor

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

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Essay

The line graph displays the median closing prices of chosen precious metals between 2013 and 2021. Overall, palladium experienced a dramatic price increase through the given period, ultimately finishing with the highest closing value. In contrast, while gold prices remained relatively steady throughout the years with only a marginal increase, platinum saw a gradual decline, ending the period as the least expensive of the three precious metals. The average closing price per ounce of palladium in 2013 was approximately 750 dollars. This figure went through a slight decrease from 2013 to 2015, bottoming out at around 600 dollars. It then experienced a massive increase in cost between 2016 and 2021, peaking at the highest treasured metal value of around 2400 dollars per ounce. In 2013, the average closing price for platinum was around 1500 dollars, which was slightly higher than gold at just over 1300 dollars. Gold prices fluctuated steadily until 2019, before climbing and plateauing at approximately 1800 dollars. On the other hand, platinum prices gradually declined to about 1000 dollars in 2015 and remained relatively stable, finishing the period at just over 1050 dollars.

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Skor Kriteria Writing

TA7.0
CC8.0
LR7.0
GRA8.0

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