Who determines the price of RS Gold

Discussion in 'Market Discussion' started by IGotTheMoves, Mar 6, 2013.

Who determines the price of RS Gold
  1. Unread #1 - Mar 6, 2013 at 2:36 PM
  2. IGotTheMoves
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    Who determines the price of RS Gold

    Markets, indexes and other countries ultimately determine how valuable a particular currency is, but who in the Runescape industry has more sway than all the other retailers that can benchmark the price of gold?

    Do you all meet up on a weekly basis, like Grave; R2P; even USFine; meet up in a hotel with one computer, load up the RS login page, wait for the theme tune to begin playing and then start discussing business as smoke mysteriously emerges around you?

    I'm just joking about that part... But, are there any morning phone calls from one an other setting the price for that day? Is there one group you all keep a special eye on in case they make a sudden change in the price.

    Who has the monopoly and is there much collusion going on?
     
  3. Unread #2 - Mar 7, 2013 at 12:19 AM
  4. elmostreet
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    Who determines the price of RS Gold

    It really depends on the supply and demand. If there are a lot of buyers then the Seller will increase their prices. If they do have a lot of stock and there are less buyers then they will decrease their prices.
     
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