Friday, August 3, 2007

The Gold Record

This week’s Gold Record finds continuing high prices on Horde auction houses, although Alliance goods have dropped below their average. Horde goods have dropped one point since last week’s averages (dropping from 119 points to 118), whereas Alliance goods have dropped dramatically (dropping from 105 points to 90 points).

Alliance goods this week sold, for the most part, lower than their average values. A notable exception to that was Silk Cloth, which was selling at 131 points. The inflated demand for Silk Cloth was offset by very low prices on Tin Ore (45 points) and Linen Cloth (42 points). Even Copper Ore, which has recently been selling at above average prices, has come down, settling in at 79 points.

Horde goods have maintained an average high value nearly identical to last week’s; however there have been some shifting individual item values as well as some marked consistency. Tin Ore, Iron Ore, Mithril Ore, and Silk Cloth have all maintained their above-100 values since last week, the metals even rising slightly (each metal gaining 7, 4, and 30 points, respectively). Silk Cloth, although it is maintaining its above-100 value, has actually dropped more than 30 points since last week, to 136 points. Offsetting each of these expensive items, on Horde auction houses Wool Cloth was selling for a three-month low at an average 34 points. If wool is still available at these prices, be sure to take advantage of it, although it is likely to sell out very fast. The final notable deviation from norms this week is Netherweave Cloth, which has soared in value to 225 points (during the last several weeks it’s been crawling along in the 90s).

Editor’s Note: Jason Coleman has recorded auction house values for both Horde and Alliance. He has monitored many of the raw trade goods (common ores and cloth) that are constantly on the auction houses, employing them as an indicator of market health. Taking averages from his data, each material has been given a value of 100 points (or percent) and is analyzed based on deviation from this value. Continuing each week, the Shadow Council Strider will post his analyses in this article, the Gold Record.