Guild Wars 2

What’s the deal with platinum ore? It always fluctuates between the 1.4-1.9s range. But as of today it’s 1s. Did I miss an announcement update?

I wonder why… anyone know?

And why today? The rich ore maps have been out for quite a while now. Makes no sense that it tanks today. I expected them to tank when those permanent ore maps were posted on reddit.

I think it’s further decay as we wait get the details for the new content and then finding that ascended jewelry is still not released. Want to see cheap, check silver and gold, same deal.

Stock up now…

mtpelion.4562:

Stock up now…

shhhhh………..

It’s currently 1.2s so I don’t get it. Yesterday at that time price was the same. 1.9 was like 2 months ago lol, when everyone wanted to craft gear.

I know this is a bit paranoid, but any chance this is a result of people who have tested the patch and realizing we don’t need nearly that many plat/gold/silver ingots and dumping, or realizing the JC500 isn’t useful and dumping mats?

froacus.6892:

I know this is a bit paranoid, but any chance this is a result of people who have tested the patch and realizing we don’t need nearly that many plat/gold/silver ingots and dumping, or realizing the JC500 isn’t useful and dumping mats?

Youre right!

Its paranoid.

Wanze.8410:

froacus.6892:

I know this is a bit paranoid, but any chance this is a result of people who have tested the patch and realizing we don’t need nearly that many plat/gold/silver ingots and dumping, or realizing the JC500 isn’t useful and dumping mats?

Youre right!

Its paranoid.

fantastic.

Platinum is pretty easy to get… no? There are maps that basically have nothing but platinum. Been that way for a while now.

What concerns me more is that all jewelcrafting materials went down – gold, silver and platinum ore – while all high level cooking mats went up.

Sir Kaboomski.1508:

Platinum is pretty easy to get… no? There are maps that basically have nothing but platinum. Been that way for a while now.

It’s been like that since launch. What I’m asking is: why the sudden drop in price now?

Buttercup.5871:

What concerns me more is that all jewelcrafting materials went down – gold, silver and platinum ore – while all high level cooking mats went up.

but those have been slowly trending up for a while

im less worried about people stocking up on high level crafting mats, and more worried about people suddenly dropping a ton of ore on the TP when they know those mats are guaranteed to be used in the JC500 patch

It has nothing to do with any patch. There is a reason why platinum ore is much more useful than other ores, but you have to find out yourself. Anyway, due to this reason lots of players want it cheap. Looking at the price index you will notice small amounts being sold at lower prices than the rest. This is to persue players unaware of the real value to sell cheap. And it works! Looking at certain profits I would say that 1,75- 1.90 would be a realistic value to sell. But unfortunately lots of players start to sell for much lower prices due to above manipulation…

Albadaran.1283:

It has nothing to do with any patch. There is a reason why platinum ore is much more useful than other ores, but you have to find out yourself. Anyway, due to this reason lots of players want it cheap. Looking at the price index you will notice small amounts being sold at lower prices than the rest. This is to persue players unaware of the real value to sell cheap. And it works! Looking at certain profits I would say that 1,75- 1.90 would be a realistic value to sell. But unfortunately lots of players start to sell for much lower prices due to above manipulation…

I can agree that this particular price spike might not be related to the ascended j-crafting discipline speculation, otherwise we would see gold, silver spike as well which did not happened. However, once the announcement comes live, I would expect silver, gold, platinum rise in price as these are known to be used in the xunlai electrum ingots.

cmud.5689:

Albadaran.1283:

It has nothing to do with any patch. There is a reason why platinum ore is much more useful than other ores, but you have to find out yourself. Anyway, due to this reason lots of players want it cheap. Looking at the price index you will notice small amounts being sold at lower prices than the rest. This is to persue players unaware of the real value to sell cheap. And it works! Looking at certain profits I would say that 1,75- 1.90 would be a realistic value to sell. But unfortunately lots of players start to sell for much lower prices due to above manipulation…

I can agree that this particular price spike might not be related to the ascended j-crafting discipline speculation, otherwise we would see gold, silver spike as well which did not happened. However, once the announcement comes live, I would expect silver, gold, platinum rise in price as these are known to be used in the xunlai electrum ingots.

We were not discussing a price spike but the opposite.

Maybe speculator get sick of waiting?

Less demand for metal because less people need it for ascended?

looks more like a bot thing for me
all Ores drop in price

and someone wrote before bout higher price in cooking mats – some people stock up on this materials without thinking or knowledge bout cooking at all^^

cook 500 will be the cheapest to level – there are much more lvl 400 recipes to discover again and most are very cheap or just need karma

Romek.4201:

looks more like a bot thing for me
all Ores drop in price

and someone wrote before bout higher price in cooking mats – cause some people stock up on this materials without thinking or knowledge bout cooking at all^^

cook 500 will be the cheapest to level – there are much more lvl 400 recipes to discover again and most are very cheap or just need karma

Until now the big material sinks have not been leveling but crafting the timegated ascended mats.

Wanze.8410:

Romek.4201:

looks more like a bot thing for me
all Ores drop in price

and someone wrote before bout higher price in cooking mats – cause some people stock up on this materials without thinking or knowledge bout cooking at all^^

cook 500 will be the cheapest to level – there are much more lvl 400 recipes to discover again and most are very cheap or just need karma

Until now the big material sinks have not been leveling but crafting the timegated ascended mats.

ye – and this will not be the lvl 400 mats like in all other proffesions too its t2-5

Romek.4201:

Wanze.8410:

Romek.4201:

looks more like a bot thing for me
all Ores drop in price

and someone wrote before bout higher price in cooking mats – cause some people stock up on this materials without thinking or knowledge bout cooking at all^^

cook 500 will be the cheapest to level – there are much more lvl 400 recipes to discover again and most are very cheap or just need karma

Until now the big material sinks have not been leveling but crafting the timegated ascended mats.

ye – and this will not be the lvl 400 mats like in all other proffesions too its t2-5

Your point is valid towards jeweler but not cooking as it doesnt follow a linear approach like the other crafts.

While most t6 mats from other professions (gossamer, orbs etc.) had a very low demand compared to its supply before ascended crafting introduced, lvl 400 cooking ingredients have continously been in demand through consumables.

There are also not much more than 50 lvl 400 cooking recipes that can be discovered, which is way less than the weapon and armor professions. Granted, the average discovery costs less in cooking but it also lacks refinement, so you might end up having to craft items multiple times to advance to 500.

Then expect to see a flood of lvl 70-80 food hitting the TP shortly there after.
Ingredient costs will continue to rise, while end product prices will drop.

Silver/Gold/Platinum will go back up, this I’m sure of.

Last time it went up due to speculators in January.

There is still room for it to go up from:
-speculators hyping up content patch
-the actual jewel 500 itself

There are repeated questions, as always, as to how would Anet approach 500 jewelcrafting when there are already ascended weapons out there.

Anet could always make lvl 500 jewelcrafting a pre-requisite for infusing backpieces and accessories, let alone make it a factor in making the legendary trinkets that were talked about in September.

As always, as self-disclosure, I have lots of investments in the above

TP Flippers are doing “good job”. Decreasing the price by 1c with 50 amount of materials per offer resulting in 30% loss of price. Yesterday I earned 20G with few minutes of work because of it.