Price drop in gold

[BackToRS]

Why have the 07 gold rates dropped so much?

 

 

[jesenican]

well there is 80% bots and maybe 10 real players, other 10 are just afk

[ExtraBotz]

On 4 January 2022 Jagex removed the duel arena which drove a lot of the RWT of RuneScape gold. Less buyers = less demand = lower prices to sell more volume. Most sellers only make profit on volume so they'd rather sell a lot of gold for a low price than very little gold at a high price. Here is a chart of the last 360 days without the duel arena driving the market.

[w4szup]

8 minutes ago, ExtraBotz said:

On 4 January 2022 Jagex removed the duel arena which drove a lot of the RWT of RuneScape gold. Less buyers = less demand = lower prices to sell more volume. Most sellers only make profit on volume so they'd rather sell a lot of gold for a low price than very little gold at a high price. Here is a chart of the last 360 days without the duel arena driving the market.

Plus it is summer time, so the prices goes down cause not that many players play over the summer

[Armyking]

Back to back Prime events, should stabilize to normal average prices in due time

Edited July 14, 2023 by Armyking

[FushigiBot]

There have been minimal bans accross all botting platforms, which caused an overflow of gp.

[Delivery]

18 hours ago, FushigiBot said:

There have been minimal bans accross all botting platforms, which caused an overflow of gp.

nearly all of my accounts were banned a few weeks ago

[FushigiBot]

19 hours ago, xcx said:

nearly all of my accounts were banned a few weeks ago

Bans started again with more frequency about 2 weeks ago but bots went on for months with minimal bans.

[Kalir]

On 7/14/2023 at 9:15 PM, BackToRS said:

Why have the 07 gold rates dropped so much?

 

 

This is due to the difficult economic situation in the world

[BackToRS]

On 7/22/2023 at 4:23 PM, Kalir said:

This is due to the difficult economic situation in the world

i see