Price of Mithril Ore
Well the “3rd” set of legendaries requires tons of them and … https://forum-en.gw2archive.eu/forum/game/gw2/Ep5-update/6551541 means there should be a new one soonish.
It’s simple, and theres a couple reasons. First is the fact that multiloot devalued alot of common materials(mithril, elder wood etc). Now that it’s been nerfed the market is starting to recover. Secondly people are pre purchasing befor the next legendary. Thank god i dropped 2k in gold on ingots when they were 79c.
https://wiki.guildwars2.com/wiki/Empowered_Mithril_Ingot
https://wiki.guildwars2.com/wiki/Weaponized_Mithril_Ingot
New legendaries potentially being introduced, less sources for mithril, along with those ingot sinks.
Over the last 6 months, the low price was around 40 copper and current prices are around 60-65c. 50% increase seems like a big boost, but consider that it was running low to start with and the next increase is more more than 0.25 silver.
To put it in context, a zerker’s Gladiator Chest Plate (meta heavy rare armor for a power build) is currently running around 1g 41s in materials. Take out the “50% increase” in the price of mithril and the price would drop to 1g 38s. A zerker rare GS is about 51s worth of mats now; it would drop to 44s without the increase.
tl;dr mithril isn’t expensive; it’s just no longer as dirt cheap as it was
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