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Band 6+: The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

Image for topic: The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.
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The image displays a line graph titled 'Precious metals price history' showing the average closing price in $ per oz. for three metals from 2013 to 2021. Gold prices ($ per oz.) were: 2013 ~$1400, 2014 ~$1250, 2015 ~$1150, 2016 ~$1250, 2017 ~$1250, 2018 ~$1250, 2019 ~$1400, 2020 ~$1750, and 2021 ~$1780. Platinum prices ($ per oz.) were: 2013 ~$1500, 2014 ~$1380, 2015 ~$1050, 2016 ~$980, 2017 ~$950, 2018 ~$880, 2019 ~$880, 2020 ~$900, and 2021 ~$1100. Palladium prices ($ per oz.) were: 2013 ~$720, 2014 ~$800, 2015 ~$680, 2016 ~$600, 2017 ~$850, 2018 ~$1050, 2019 ~$1500, 2020 ~$2200, and 2021 ~$2400.
Given the complexity of the image, the above description may not be entirely accurate.
Note: Both the topic and the answer were created by one of our users.

The line graph given depicts the standard final amount of some particular metals through the years 2013 to 2015.

Overall,The graph shows the price changes of metals such as gold,platinum and palladium.Despite platinum fetching high prices initially,gold and palladium has overtaken it in terms of cost per ounce.Palladium has witnessed the most amount of price increase over the period.

Palladium and platinum had a similar price around 1500 dollars per ounce from 2013 to 2014 ,platinum was closer to the figure than palladium.In 2014 platinum experienced a drop from its value to 1000,causing relatively stable gold to overtake it.Gold hovered around 1400 dollars from 2013 to 2019 but in the same time platinum’s price was decreasing annually till 2020 to approximately 1900 dollars per ounce.Platinum had a minimal increase in price from 2020 to 2021 to a final price around 1100 dollars.Gold had also experienced an increase in price from 2019 to 2020,where the price went from around 1400 dollars to approximately 1800 dollars;which is the same price till 2021

Palladium started off initially at the lowest value among all the categories;around 700 dollars per ounce.This price has fluctuated between 800 to 600 from the year 2013 to 2017.From 2017 to 2021 palladium has experienced an explosive growth in its price per dollar ratio,jumping from around 800 dollars to finally its peak of approximately 2400 dollars.This price increase has also resulted in palladium overtaking gold and platinum from a value perspective in this time frame.

Word Count: 245

Answers On The Same Topic:

The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

The distributed line graph illustrates the average closing values of selected precious mtals between 2013 and 2021. Overall, the graph demonstrates that the price of gold changes erratically, while platinum had a significant decrease in price, and palladium experienced a raise over the years. Palladium faced a decrease and the lowest point was $600 per […]

The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

The distributed line graph illustrate the average closing values of selected precious mtals between 2013 and 2021. Overall, the graph demonstrates that the price of gold changes erractically, while platinum had a significant decrease in price, and palladium exprienced a raise over the years. Palladium faced a decrease and the lowest point was $600 per […]

The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

The line graph gives information about the average closing prices of selected precious metals from 2013 to 2021. Overall, it can be seen that gold and platinum average prices mildly changed during the period, while the price of palladium experienced an increasing trend. In detail, the price of palladium was more than 500 dollars yet […]

The graph below shows the avarage closing prices of selected precious metals from 2013 to 2021. Summarise the information by selecting and reporting the main features and make comparisons where relevant.

The line graph gives information about the average closing prices of selected precious metals from 2013 to 2021. Overall it can be seen that gold and platinum average prices are mildly change during the period, while the proportion of palladium experienced an increasing trend. In detail, the palladium was more than 500 dollars yet less […]

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