the graph below shows average closing prices of sleceted precious metals from 2013 to 2021
The line chart illustrates the average closing prices of precious metals—Platinum, Gold, and Palladium—between 2013 and 2021.
Overall, the price of Platinum decreased over the period, with a slight recovery towards the end. Gold experienced a mild increase, while Palladium, starting from the lowest price, saw a sharp rise, ending at the highest value among the three metals.
In detail, Palladium began at approximately $750 in 2013 and exhibited some fluctuations between 2013 and 2018. Afterward, its price surged significantly, reaching $2,000 by 2021, making it the most expensive metal in the given category.
Gold started at around $1,400 in 2013, saw a minor decline between 2013 and 2015, and remained steady from 2015 to 2019. However, from 2019 onwards, its price increased consistently, settling at approximately $1,800 by the end of the period, taking the second spot in the chart.
Platinum, which had the highest price at the beginning of the period at $1,500, experienced gradual declines over the years. Despite a slight uptick towards the end, it concluded at around $1,100 in 2021, ranking third among the metals.
The essay is well-structured with a clear introduction, body, and conclusion. Information is logically organized, and comparisons are effectively made.
Suggestions
- Ensure the introduction includes a brief overview of the trends.
The vocabulary is varied and appropriate, with precise use of terms related to the data.
The essay demonstrates a good range of grammatical structures with few errors.
The essay effectively addresses the task, summarizing key trends and making relevant comparisons.