Friday, September 14, 2007

The Gold Record

This week’s auction house averages have seen low prices across both Horde and Alliance auction houses. The two Shadow Council markets are currently very near to each other, currently just one point apart (with the Horde at 90 points and the Alliance at 91). The two markets are very similar in regards to ores, however each market maintains its own distinct trends when cloth is considered.

The Alliance market has dropped slightly since last week, losing 2 points from its average. Every ore except for Thorium Ore is down from last week, and Thorium is only up 1 point (from 109 to 110 points). Despite the widely-sweeping lowered prices, costs haven’t changed too dramatically. The average change from last week’s prices (considering only the ores that have dropped since last week) is 17 points, however the bulk of that comes from Copper Ore and Iron Ore, which have lost 27 and 31 points respectively. Cloth prices have also continued fairly steadily, with the only major changes being in the prices for Silk Cloth and Mageweave Cloth. Each has risen since last week’s averages, with Silk Coth gaining 50 points at 136 and Mageweave Cloth gaining 18 points at 123.

On the Horde side, prices have shifted dramatically since last week, dropping 11 points across the board. Copper Ore, Tin Ore, Mithril Ore and Silk Cloth have all experienced dramatic price drops since last week (30 points or more), whereas Mageweave Cloth and Netherweave Cloth have both gained in prices. Copper Ore and Mithril Ore are especially low, having each lost 55 points from last week (Copper dropped to 68 points and Mithril Ore dropped to 77 points). Linen Cloth has continued its low trend, coming in at 53 points (up 2 from last week), and Netherweave Cloth has pushed past the 100 point marker by rising 40 points from last week and landing at 113 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.