Merchanting In Grand Exchange(GE)
In recent months the prices of all the items in runescape has dramatically changed for instant the rune scimitar was 30k to 35k before the trade update but after trade update or trade limit the prices went down as 9k minimum and 12k to the maximum(price of rune scimitar)
lets compare prices of different items before update and after update
Items               before trade update         after trade update (note this prices are is recently after trade update)
Rune scimitar         30k to 35k                    9k to 12k
Rune 2h sword       65k to 75k                  40k to 45k
Bones(common)       no value                    5gp to 10gp
blue wizard robe      500gp to 1k                 300gp to 200gp
cooked Lobsters   250gp-280gp-300gp     180gp to 200gp
cowhides              100gp to 120gp              15gp to 20g
Above i have listed the items and their prizes respectively before and after trade limit update.but the prizes of items after the trade update note:this prices are for the items when the grand Exchange was recently introduced in Runescape.There are loads of ways to make money in Runescape one of which is very famous and most powerfull way
spend money to gain money.This is is also called investment buying items for lower cost and sell them as highest as possible or in cost price in case of no sale or very less sale This way of making money in runescape is called as merchanting.
Runescape jagex has done very nice job by introducing grand Exchange (GE) in runescape for instant the prices of many items had fallen from sky lol as i have listed above items and prices beside it and the prices before the implementation of trade limit update.
below are the items and there prices which shocked me and other Runescape players
items               before trade update              after trade update
>
 rune scimitar         30k to 35k                     24k to 28k
                       
 Rune 2h sword       65k to 75k                    40k to 52k
 bones(common)      no value                       63gp to 72gp
blue wizard robe       500gp to 1k                  700gp to 900gp
               
 cooked lobsters      250gp-280gp-300gp      242gp-245gp-267gp
 cowhides               100gp to 120gp           116gp to 129gp
These prices are after some time of the implementation like four to six months.you may have noticed that after some passage of time the prices are going up again to the old prices.
The main objective of the implementation of trade update is to balance the prices of different items is to balance the prices of expensive items to lower and to make the prices of cheap prices to higher.
I will explain the reason behind this jagex has made the prices of expensive items so that players can easily afford it.
jagex has made the prices of cheap goods higher so that poor people don't have to strive too hard for making making money in runescape or if they did strive than runescape make sure they enjoy their hard earned fruit to the fullest
In later post i will discuss making money in runescape by selling bones(common) in Grange Exchange
Thats it for now till than
cheers
  
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welcome to my blog.do yourself a favour take a cup of coffee and do some reading....
Saturday, June 6, 2009
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