The 1600 Index Day 1628

Day 1,628, 04:22 • Published in USA Canada • by Wilhem Klink

Generally a day of improving prices in nearly every category helps move The 1600 Index positive.

Weapon raw materials improve 1cc pushing the Raw Material Index up to an even 60.

Food prices hold steady in the low-end (Q1 &Q2) as well as the high end (Q5 & Q6) and improve in the mid-range (Q3 & Q4) bumping the Food Index up slightly to 82.99.

Weapons hold at Q1, fall at Q6 and rise slightly on all other quality levels leaving the Weapons Index fractionally higher at 81.93, up from 81.68.

Wages continue their recent run up rising nearly 10% from their Day 1621 low of USD240. The Wage Index pushes to 89.15

Gold remains flat with the Gold Index at 119.28
The graph:


And a closer look at the last 10 days:



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 manages back to back gains rising to 298.65 from 297.22


and the last 10 days:



Looks much better when you just look at the last 10, doesn't it. Hides the fact that on day 1600, just 4 weeks ago a player, by working for market wage and selling 20 Q6 weapons and 200 Q6 food per day could have bought 451 gold on the monetary market in the course of a year. Now with depressed wages, depressed market prices, and elevated gold prices that player can buy themselves 298 gold, fully a third less 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).

Looking at the low-end (Q1 & Q2). Weapons are up:

Q1 has dropped below its 5-day for the last two days. A closer look at the last few days:


Next Q2-

and a bit closer


After a one-day pull-back, Q2 moves back to a raising price position.

Food next. We'll jump straight to the last 2 weeks



Q2's been holding the line fairly well, as of late. Q1 is still finding its floor.

Wages is your bonus 5-day.


Almost defies logic. As prices meander in and out of their 4-week lows, wages have risen significantly, running well ahead of their 5-day moving 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