​How RuneScape Gold Prices Are Set

RuneScape Gold prices can be a confusing topic to navigate. Who determines how the prices are set? In this brief article, we aim to answer this question in a simple manner.

The first thing to note is that the prices of gold vary between games, as Old School RuneScape (also known as RuneScape 2007) and RuneScape 3 are separate games with completely different economies. The time to earn 1 million gold in RuneScape 3 is much quicker than in Old School RuneScape, as the economy is simply more inflated. As of now, both economies are relatively stable though, just with different levels of inflation.

Note that when people refer to 1 unit of gold within either game, if we’re talking about gold, they’re typically referring to 1 million gold, and most gold is sold with that unit.

You can typically expect a ratio of something like 1:7 when converting between RuneScape 3 and Old School RuneScape, although you can expect this rate to change over time. This is useful information for when you’re swapping gold between games, should the need ever arise.

As for the rate of 1 million gold in either game, there are a few factors. The first is inflation, if the economy of the game becomes further inflated from its current state, the price of gold will naturally drop, as you would expect. The second is the price of bonds which can be an indicator of inflation, although bonds are quite expensive if you’re looking to buy gold. The third factor is different vendors competing with each other and trying to beat each other's rates and the amount of gold they can acquire. A seller of gold cannot sell for a cheap rate with a limited supply as they’ll simply have more orders than gold available, leading to long waiting times for customers.

Hopefully, after reading this article you understand how the prices of RuneScape gold are generally determined. If you want to keep abreast of the latest RuneScape gold prices, you can refer to RSorder. Feel free to contact us if you have any questions!