Friday, August 31, 2007

The Gold Record

This week, the two auction houses continued prices with the average trends that we saw last week, with Horde goods coming in slightly above the average at 104 points and Alliance goods coming in slightly lower than the average at 95 points. Both sides have seen a very slight gain over last week’s prices of 102 and 93 points respectively.

Despite the similar average to last week, on the Alliance side many of the individual goods’ trends have shifted. Fel Iron Ore is down 46 points to 40 points this week. Mithril Ore is down 53 points to 72 points, and Mageweave Cloth is down 89 points at 76. Counteracting these dropping prices were several smaller rises. Iron Ore is up 29 points at 109 points. Linen Cloth, Wool Cloth, and Runecloth are also all up this week (56, 76 and 19 points respectively) at 127, 131 and 105 points. We have seen some consistency in the market – Copper Ore, Adamantite Ore and Netherweave Cloth have all had less than 5 point changes over the past three weeks, making their prices very stable in this volatile market.

On the Horde auction houses, there were few major drops in prices: Fel Iron Ore and, to a lesser extent, Tin Ore. For the first time in 6 weeks, Tin Ore has come in below the 100 point marker at 75 points (dropping 28 points from last week to do so). Fel Iron Ore dropped 94 points from last week, landing at an all time low of 63 points. Linen Cloth continues its low trend while Mithril Ore continues to be slightly above average (50 and 112 points, respectively). The largest gain on the market over last week was Runecloth, which increased 28 points above last week's already high price, to 164 points.

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.