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Tracking

The RuneScape economy is very dynamic. There is a steady increase in the price of some items, while other items steadily get cheaper. Game updates can also cause a sudden increase or reduction in demand for items. It takes a lot of effort to continually track and predict the level of demand on certain items. Some players have become very good at monitoring the economy and consequently have become very rich by clever trading. The RuneScape currency is gold pieces, but is more commonly refered to as "gp".

New items when released often tend to have very unstable prices according to rarity, but generally after a price is established, it drops steadily for quite some time except in the case of holiday items. Although holiday items were released as free items on the ground during various holiday seasons, ever since they ceased to appear, their prices have been having an upward trend (meaning that it changes slightly from time to time, but in the long run, always a good investment).

An example of this happened after the introduction of the new runite pickaxes in RuneScape classic. There was only one NPC that sold the item and it regenerated very slowly. Quick players took advantage of this by constantly buying the pickaxes for relatively low prices (in effect, creating a monopoly) and selling them for hyper-inflated prices to other players who did not want to wait. Jagex corrected the problem a day later, but not before making many trackers rich.Another intresting example is when "the lost tribe" quest was released along with the new bone weapons. These weapons were dropped by the goblin guards in the caves and had very similar status to the 2nd weakest weapons in the game: iron.

But since they were so "cool" the mines for the first few days were literally packed with people and only the high level players were able to get these weapons and they were sold up to prices of 50,000 gold even though the new price is less than 100. The release of the new runecrafting "Tiaras" was also abused by high-level players. Although easily crafted, inexperienced players bought them for thousands at a time while you could buy them for mere hundreds of coins from general stores.