The Economy
Before we take a look at how the graph works, we should outline a few things you need to know about the game's economy. The fact is, you will notice that it is very similar to what we use in real life. We have buyers, sellers, bartering, inflation, and much more that could be very easily compared to our current society.
One issue that players do face in this particular market is exchange rates. It can't be fully compared to the real-world economy, but it does have a knock-on effect on things like exchange rates. With times of inflation and deflation, ups, and downs throughout the years that OSRS has been active, there can be advantages and drawbacks for players. In inflated times, you will find that items are harder to purchase because of how expensive they've become. There is also imbalance during crashes, causing the value of OSRS Gold to shoot up.
The Grand Exchange
In case you haven't come across it yet, there is a place within Old School Runescape where you can buy and sell tradeable items, known as the Grand Exchange. You will find items here on a daily basis that have a number of sites dedicated to them to bring you the latest information on the items that you are interested in. Unfortunately, there is still the disadvantage that sellers manipulate the prices even here, which in turn affects to value of Gold. So whilst the GE might seem like the best place for you to look into buying and selling, there are still those out there that look to bend the system to their own advantage.
The Market Tracker
Thankfully, we have sites such as PlayerAuctions which can help out with teaching players what their OSRS Gold is worth converted into dollars. At the moment, there is a lower price due to deflation, so you will need tools to keep an eye on which are the best times to purchase Gold.
The graphs and stats provided by the PA Market Tracker give you an insight on how currency is operating, with statistics such as the Average Order Price, the Price Changes, and the most expensive types of an item sold, which is important for sellers to be able to see what items are selling for profit. You can also find who the sellers are with the best reputation, based on their purchases.
Where you decide to shop for OSRS Gold is an important decision to make. With over a decade of experience, PlayerAuctions is the most informative place for you to make a purchase safely, and in a knowledgeable place. The OSRS Market Tracker used by the site should play a vital role for you when it comes to buying and selling on the Old School Runescape marketplace.
With the OSRS Market Tracker, you are able to also see which traders are online, and what their statistics are, plus whether they are active or not. When buying OSRS gold you will see Old School Runescape gold price charts and graphs we mentioned earlier, which accommodates stats for all servers, not just the usual main server. With this, it won't take you long to find out just how much OSRS Gold is worth at the moment. So now that you have more of an idea of how the OSRS economy works, and what to look out for, do not hesitate to check out the OSRS Market Tracker!
Have you used the OSRS Market Tracker yet? Let us know in the comments section below!
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Daisy Marino
Marketing Specialist
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