### **Summary of Gloves of Passage**
The Gloves of Passage are a high-tier, degradable Ranged and Magical hybrid glove released on **June 21, 2021**. Acquired as a rare drop from the **Kerapac, the Bound** boss fight in the Elder God Wars Dungeon, they offer compelling utility due to their special effect: enhancing the abilities **Tight Bindings** and **Escape** with increased cooldown reductions and additional damage for movement-related strategies. These gloves are extremely useful in hybrid PvE scenarios and bossing, especially for content where efficient movement is crucial.
In terms of rarity, the Gloves of Passage fall under "rare but obtainable": while available on the Grand Exchange, their price fluctuates due to player demand for PvM gear and their degradation mechanic. They are not tradable in their degraded state, which deters some casual buyers.
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### **Price Prediction**
As of mid-2024, the **Gloves of Passage** price has experienced periodic fluctuations correlating with major updates and community wealth events. Here’s an analysis:
- **2021-2022 Trend:** Post-release, the gloves hovered around mid-tier affordability (50-150M) but gained traction with subsequent updates tying into their utility (Croesus boss [09/2021] pushing demand). However, destabilizing updates like the **Duel Arena removal [01/2022]** and token redistribution stifled growth.
- **2023-2024 Trend:** The **Necromancy skill release [08/2023]** significantly affected prices, as hybrid gear became less prioritized compared to Necromancy-specific options. Events like the **combat overhaul in March 2024** have recentered attention on mobility-enhancing items, sparking slight spikes, but the high supply from veteran players has kept them relatively stable.
### Prediction (October 2024-January 2025):
1. **Short Term:** The gloves will likely maintain **~70M-120M** through late 2024 due to the upcoming GIM-related dupe wave (11/01/2024), which could inject inflated wealth into the market but doesn’t directly affect demand for niche PvM gear.
2. **Mid-Term (Q1 2025):** Expect steady depreciation to **~60M-80M** as wealth from dupes gets absorbed, and newer PvM updates (e.g., the **Easter or summer 2025**) shift meta. The gloves will likely lose long-term appeal compared to Necromancy-based alternatives.
Key future drivers for price **spikes**:
- PvM updates focusing on **bosses requiring high movement mechanics.**
- Mastery of Necromancy integration requiring hybrid approaches.
Key future drivers for price **dips**:
- Economic destabilization (future dupes, GP injections).
- Introduction of alternative gloves for specific PvM meta builds.
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### **Flipping Margins**
Throughout its history, Gloves of Passage flipping margins have been consistently **8-15%**, owing to steady mid-tier demand. Recent data suggests:
- **Buy low**: Overnight, they sell for ~**62M** at dips in demand/panic selling (e.g., before Treasure Hunter cash injections).
- **Sell high**: During weekly hype cycles or after Treasure Hunter resets favoring PvM content, prices hit **75M-85M**.
Targeting margins of **5-10M per flip** on consistent demand streaks makes this a reliable mid-tier item.
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### **Similar Items for Investment**
As strategies for diversification and portfolio robustness come into play, items related to Gloves of Passage, either directly or indirectly, include:
1. **Shadow Spike** (used to upgrade the gloves): A high-demand item whenever movement-heavy bosses or combat updates occur. It also pairs synergistically with flipping Gloves of Passage.
2. **Kerapac's Wrath and Greater Ricochet Ability Codices**: As PvM meta shifts to glass-cannon setups with adrenaline-heavy rotations, these codices see price spikes, similar to Gloves of Passage.
3. **Elder Trove Drops (e.g., Scripture of Ful)** – Related content typically sparks renewed interest in Gloves of Passage for players farming in PvM content tied to Kerapac or Elder God Wars Dungeons.
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### **Seasonal Trends**
Historically, Gloves of Passage prices are sensitive to RuneScape seasonality and broader RuneScape wealth inflations.
- **Positive Seasonal Trends (Price Increases)**:
- Post-skill launches (**e.g., December-February**): Items like Gloves of Passage gain value as the community invests more in PvM setups after new skills/content are mastered.
- PvM Boss Introduction/Expansion (**July-August or December**): Any new update prioritizing high-mobility boss fights causes short-term demand shocks.
- **Negative Seasonal Trends (Price Drops)**:
- Economic instability updates (**Treasure Hunter events injecting GP**, **duping incidents**): The gloves struggle during volatility as they aren’t must-haves for general builds.
- **Summer months/Mid-Spring (~April-June)**: The market shifts to more accessible gear for casual PvM and skilling; high-tier degradables like the Gloves of Passage lose appeal.
### **Optimal Diversification Tip**
Pair Gloves of Passage investments with lower-tier consumables/gloves (e.g., Armadyl Gloves, Deathtouched darts) during periods of mid-tier boss hype. These secondary items act as safety nets, as they exhibit stronger price stability during market turmoil.
Ely Intelligence Analysis