RuneScape Grand Exchange Merchant Guide

In this guide I’m going to show you how to effectively use the grand exchange system. The addition of the Grand exchange and the 5k trade limit has eliminated many Runescape Gold making methods, like note flipping or unfair trades. But it has also reduced scamming to almost 0 which is the main goal of Jagex. This guide will show you how to effectively use The Grand Exchange and make 1 mill+ RS Gold!

Step1: Finding your RuneScape item

The first step to make Gold off of GE is to find the product you are going to merchant on. This product must be in high demand and the price of it must change regularly. In this example I will use lobsters.

Step 2: Finding the price range of the Item

In order to merchant properly and effectively you must know the price ranges of your item. This might take a few days (or even weeks) to figure out, but it’s well worth it. A more detailed guide on how to do this can be found here.So for lobster the price ranges are:

• Buy Price: 200gp-230gp
• Sell Price: 245gp-269gp

Step 3: Have some money for Investments

Have at least 300k in your bank for merchanting. Gold is required to buy the resources you need to make money. Invest your cash in your product. Read my guide on money making here to make the job easier.

Step 4: Spend the Gold!

Buy the product with your 300k+ and wait until it processes. Please remember to save 20% of your money in case the item your merchanting on fall dramatically in price. Now proceed to the next step.

Step 5: Patience

Take time to wait for the price range of your product to increase into the selling price range. This could take awhile, maybe a few weeks. In the mean time do some other activities like leveling up or make some gold.

Step 6: SELL IT!

Sell your product and wait for the money to process. Then viola! You’ve just made a profit! Now repeat steps 2-5 to make even more Runescape gold!

Tips while merchanting:

• Please remember that merchanting isn’t always 100% safe. You could lose money if your item price falls in price. So please wait patiently for the price range to rise again.
• NEVER spend all your money on one single product! Have some backup money incase your primary product falls in price.
• The more money you spend the more you make!
• Remember the price of an item rises when they are in high-demand and little is supplied
• Items fall in price if there are fewer buyers and more producers
• BE EXTREMELY PATIENT! This is a waiting game.

A list of items in high demand and their price ranges:

-Lobster:

Buy = 200gp-220gp

Sell =245gp-269gp

-Steel bar:

Buy = 540gp-610

Sell=620gp-640gp

-Cowhide:

Buy= 100gp-110gp

Sell=111gp-120gp

-Rune scimitar:

Buy= 20000gp-25000gp

Sell=30000gp-33000gp