The graph below shows the average 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 displays the average closing costs of gold, platinum, and
palladium
metals over the period.
Overall
, there is a dramatic increase in the price of palladium
, while
the cost
of platinum declined gradually. Moreover
, the value of gold rose slightly throughout the whole period.
Although
the price, of palladium
was the lowest compared to other precious metals at the beginning, it was the most expensive metal at the end
of the period. The cost
of this
metal was relatively unchanged over the first 3 years, staying between 500$ and 1000$ per oz, but its value approximately doubled in the next 2 years. Subsequently
, the cost
of palladium
grew significantly from exactly 1000$ per ounce
to just below 2500$ per ounce
.
The price of gold was almost stable between 2013 and 2019, corresponding to just under 1500$ per ounce
; however
, the value of that metal surged by nearly 500$ per oz in 2020 and remained constant. The cost
of platinum fell by exactly 500$ per ounce
before 2015, and it plummeted moderately for 5 years, reaching just over 1000$ per oz in 2021.Submitted by murad.tariverdiyev2005 on
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Vocabulary: Replace the words palladium, cost, ounce with synonyms.
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