Gold necklace

I wonder if this is valuable. Gold necklace is a free-to-play item traded on the Old School RuneScape Grand Exchange.

Gold necklace trades for 156 gp, making it one of the cheapest items on the GE. The buy-sell spread is 6 gp (3.8%), which indicates a tight spread common in actively traded items.

With 5,606 recent trades, Gold necklace has strong trading volume, making it easy to buy and sell quickly. With a buy limit of 18,000 every 4 hours, you can trade in large quantities per session.

Gold necklace currently has a negative margin of -7 gp after tax, meaning instant flips would result in a loss at these prices. Margins fluctuate throughout the day — check back later or set a price alert to be notified when the margin turns positive. The price has risen 0.7% in the last hour, indicating upward buying pressure.

High alching Gold necklace yields a profit of 15 gp per cast (before nature rune cost). At ~1,200 casts per hour, that's up to 18.0k/hr in passive income while training Magic.

Compare alch profits across all items on the High Alch Calculator. Set a price alert to get notified when the margin changes, or add this item to your watchlist for quick access.