Guild Wars 2

Hi all

Would anyone like to speculate why Mithril ore has risen in price so much.

In one week it has gone from 32cp to 42cp.
use gw2tp and search it if you want to see the stats.

This after they introduced The material drops from the champs and if you think that general gear drops of white blues and greens has also increased so more people would be salvaging those type of gear. I know I am salvaging all my white and blue lvl 80’s these days.

Mithril goes through cycles of 31c to 51c all the time. Not really sure why, but it does so just about every month as far as I can tell.

Lol a rise of 10 copper is nothing ..

If you would have said now, they would have risen vom 32 copper to say like 1 silver+, that would be a hefty rise, because that would mean, that the price would have trippled in that time…
But a change of 10 copper is nothing, especially when such events appear.
If the price raised, then this means, that there slightly raised the demand for mithril, but not the mithril offer in the same time.

So lesser mithril on the market, no changed offer increase rate, higher demand = raise in the price

Wake me when it breaches 50c – it’ll be time for me to pick up my profits.

Elder Wood has gone from 20c to 80c in the last 2 weeks .. thats more interesting i think

And better don’t let us talk about T3 mats

Mithril ore goes up and down like that. The demand is largely based on people who craft a lot.

I personally have gone through about 30,000 mithril ore in the past 3 weeks preparing for new legendaries.

Orichalcum ingots have gone up also. It’s the highest it’s ever been. At the time of this writing it’s over 9 silver per ingot.

Astral Projections.7320:

Orichalcum ingots have gone up also. It’s the highest it’s ever been. At the time of this writing it’s over 9 silver per ingot.

What’s funny is that at one point there was a 40c spread between 2x ori ore and 1 ingot.

But I was too lazy to profit off of it.

With Ascended weapons, armour on the way and crafting being raised to 500, perhaps some market speculators are buying up crafting materials?

Don’t know for sure but just a thought?

Meglobob.8620:

With Ascended weapons, armour on the way and crafting being raised to 500, perhaps some market speculators are buying up crafting materials?

Don’t know for sure but just a thought?

There has been speculation for that well before the champ patch. I think it’s largely inflation.

Though to be fair, I did buy a bunch of Crystal Lodestones for the inevitable new legendaries.