The 1600 Index - Day 1625

Day 1,625, 03:49 • Published in USA Canada • by Wilhem Klink

Weakness nearly across the board pushes the 1600 Index lower for the day.

Food raw materials give up .01cc pushing the Raw Material Index down from 57.78 to 55.56.

The low-end (Q1 & Q2) on food hold, but everywhere else slips especially Q6 which accelerates its three day slide in prices. The Food Index slips 1.5 % to 83.04.

There is also a nearly widespread retreat in weapon prices with only Q1 holding ground. The Weapon Index fell to 81.89 from 82.27

Wages rose for the fourth day, the lone bright spot in the 1600 Index as the Wage Index pushed to 87.12 from 84.75

The Gold Index moves up to 119.88 as once again the market price of gold moves higher.



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 takes a hit as prices fall, and gold rises, more than offsetting the modest wage rise. The 1600 Au Index stands at 297.38. On Day 1600 one could have purchased 451 gold in one year with that's days market prices, gold price, and wage. On Day 1625 that amount is but 297 gold.



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, the mid-range (Q3 & Q4). Weapons first:




Pretty similar Q3 & Q4. Prices were rising relative to the 5-day before today headed south.

Food next:





And food echos weapons - prices equal to or rising before retreating today.


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