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Another meandering day on the markets. Raw materials hold steady and the Raw Material Index holds at 57.78 for the third day in a row.

Continuing weakening prices on the high-end (Q5 & Q6) in food drifts the Food Index down to 84.3 from 84.79.

The Weapons Index drifts in the opposite direction, pulled to a 0.3 gain to 82.27 from 81.97 by strength in the middle Q2-Q4 offsetting continued weakness in Q6.

The Wage Index saw another bump as wages increased for the third day. The index stands at 84.75 up from 83.05.

Gold also increased moving the Gold Index to 118.64 from 116.57.

The big picture:



The 1600 AU Index
Based off of the amount of gold a player could earn in a year by working at market wage, selling 20 weapons, 200 food (both Q6) and 1750 raw materials (split 50/50 food/weapons) the 1600 AU Index dips to 307.44 from 312.81 largely due to the increase in gold's offering price.



Moving Averages

For those unfamiliar with a "moving average", in the following charts, The blue line represents the market price at 3:00 eRep time. The red line in the 5-day moving average (average of the last 5-days) of market prices. What that tells us is whether prices are trending downward (the market price is below the moving average) or trending higher (the market price is above the moving average).

Today we're visiting the lower end items Q1 & Q2.

Starting with foo😛




Q1 food was above its 5-day for a bit but today fell back below it. Q2 had leveled off and the 5-day has fallen to an even position with the market price.

Chart showing changes in prices over the previous day for foo😛


More divergence than we have seen with other price charts. There's a period of time when Q2 prices don't change (Day 1606-1609) but Q1's is moving all around.

And Q1 & Q2 Weapons




Both low-end weapons have maintained market prices after steep sell-offs to meet the falling 5-day with Q2's 5-day starting to rise.

The following graph shows the daily change in Q1 & Q2 weapon prices over the previous day.


As you might expect, changes in one are followed by change in the other, but Q1 does seem more stable (smaller ups & downs).
For our free graph of the day, it the 5-day moving average for wages:


Wages have strengthened enough to lead the 5-day average.

Note: prices are reflective of a percentage of Day 1600's price (Hence the "1600 Index"). In other words if an index is quoted at 88, that days price is 88% of the price on Day 1600.

Methodology on prices: prices are taken at 3:00 eRep time. The price is the average price of buying 1,000 Raw materials, 500 Food, 100 weapons (at each quality level), and 8 gold, plus the market wage less any fraction of cc (so 240, rather than 240.1)

Sic transit gloria mundi