can you make gold by buying and selling gems
Perhaps over the very long term, as in buying and holding them for months. There is a designed in difference between what it costs to buy gems with gold and how much gold you could get selling them, possibly to prevent “day trading” of Gems. As of right this instance it costs roughly 2g7s to buy 100 gems while selling 100 gems will only fetch you 1g49s.
You would have to buy gems and hold them until the selling price is greater than what you paid for them and that time is neither soon nor even guaranteed. I would say nearly everyone would not have the patience to do that kind of investment long term.
Here, check out the chart at GW2Spidy, select all to see the history of sell and buy prices since early Sept.
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You can, but not really anymore. You have to wait for the exchange rate to go high, then low to make a profit. For example, back when gems were 400 for 1g, selling them now would net you a 6x profit.
To make a profit right now, you would have had to bought gems back when they were at least 70 gems for 1g. The odds of gems going back up that high however is very low. I expect gems to stay at around 50 for 1g as the norm with minor fluctuations.
Just look at the lifetime (all) of the chart above. Pretty much a foregone conclusion that it will never at any point in the future be possible to make money this way. Just pray the the current value of $1.00 of real money is the equivalent of 1.00 gold in game (which is what it breaks down to at the moment) doesn’t continue to get worse. I’m not holding my breath.
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