Thursday, September 6, 2007

The Gold Record

This past week’s auction house averages find continuing overall trends from the last two weeks, although once again, many individual items have shifted around. As is common, the prices on the Alliance auction houses were lower than on the Horde auction houses, although the difference has grown slightly this week to a 10 point difference.

On the Alliance side, Copper Ore has broken its low trend, rising 20 points from last week to 93 points. In fact, all of the basic ores are at or above 90 points, with the notable exception of Fel Iron Ore, which is coming in at an average price of 56 points (up 16 points from last week). Despite the slightly high averages, no Ores averaged higher than Iron Ore, which was only 117 points, meaning that the Ore prices have been very balanced on the auction house this past week. For the most part, cloth prices have dropped since last week, with Wool Cloth and Silk Cloth dropping especially dramatically (dropping 60 and 44 points respectively). Despite this trend in cloth, Mageweave Cloth prices have risen 28 points since last week, landing at 104 points.

Horde auction houses have seen similar averages in terms of ores, with most metals coming in around the average of 100 points. The lowest priced ore is Fel Iron Ore, which comes in at a respectable 82 points (up 20 points from last week). The most expensive ore currently is Mithril Ore, which is up 21 points from last week at 133 points. Continuing low demand for Linen Cloth has kept the prices very low on the Horde auction houses, registering an average of 51 points this week (up 1 point from last week). Despite the availability of Linen Cloth, Wool Cloth remains in high demand (and low supply), commanding prices at 196 points. Other cloth prices have continued their trends, with Runecloth still demanding above-average prices at 126 points (down 38 points from last week) and Netherweave Cloth being relatively low-demand (at 72 points).

Jason Coleman has recorded auction house values for both Horde and Alliance since April 2007. 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.