Why is 07 gp so low priced atm?

[PonyPwner]

Hey, sorry for the ignorant question but I don't know much about the inner workings of the gold market but i'm just curious to know why 07 gold prices are so low at the moment? A few months back I was selling gold at $2.4/m now the buyers only offer $1.6 - $1.7. Thanks

 

[Wafer Man]

Price of gold always drops over time. Runescape gold use to be the same price now its like .30 a mill lol. As more gold comes into the game there is more supply and less demand.

 

[zombified]

yea the prices go up and down depends on the supply and demand

 

[Strongjaf]

I've sold for 1,8 this week

 

[Loud]

As more GP comes into the game, GP prices will deplete, it's just how it goes.