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07 gp price will go higher or lower after duel arena will be closed ?


AGS PKING

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So theoretically it shouldn't change too much, but if anything it should go a bit lower. Theoretically.

Main reasons is because It's harder to sell bulk gold now without using multiple throwaway accounts (which a lot of buyers, for some reason, don't have/use). As a result, sellers should decrease their prices to increase the incentive for a buyer to buy. Also due to the fact that it's riskier overall for sellers to hold gold now, they'll want to get rid of their stocks faster and not hold onto bulk amounts for as long. As a result, prices should drop because of that. Important to note though that this is a very slight drop because there's no major logical reason for gold to downtrend SOLELY because of duel arena.

I think the OSRS community is a bit slow though in terms of their comprehension of the economy, so they'll probably think that no duel arena means gold will go up in price, because a lot of people for some reason think that the duel arena actually affects gold prices significantly when in reality it doesn't affect the supply at all, except for the very miniscule taxes.

A factor of economics that a lot of people ignore (jagex included) is purchasing power, and gold doesn't have very much purchasing power right now. So, i think people will hold gp up until around when duel arena is nerfed/the limit is set, and as a result of that gold will go up in the SHORT TERM. Simply because people are holding - not for any legitimate economical reason or anything.

TLDR - gold will probably go up in the short term after duel arena nerf, but then trickle back down and hit all time lows as has been the trend for the past x amount of years, and likely always will be the trend.

Edited by ForBobo
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