### **Overview of the Gloves of Subjugation**
- **Release Date:** October 31, 2013, following the God Wars Dungeon's revamped drop tables.
- **Summary:** The Gloves of Subjugation are part of the Subjugation armour set, a set of magical robes dropped by K'ril Tsutsaroth and his minions in the Zamorakian sector of the God Wars Dungeon. These gloves are aimed at mid- to high-level magic users and offer reasonable magic bonuses without requiring augmented or degradable upkeep, making them highly convenient compared to higher-tier options.
- **Rarity:** Their drop rate is approximately 1/128 when all factors in GWD are considered, but the rarity is influenced by player competition and passive GWD kill farming. They are considered "rare" but accessible to consistent PvMers, with demand driven in part by entry-level PvMers and fashion-scape enthusiasts.
### **Price Analysis (Historical Trends and Current State)**
- **Current Price Trends:** The Gloves of Subjugation have historically fluctuated between peaks of 25M GP (August 2023) and significant troughs, such as their most recent dip to 3.7M GP in April 2024. As of June 2024, their price shows signs of recovery at 5.8M GP.
- **Major Spikes:**
- **August 2023 (Necromancy Release):** A 25M spike was caused by Necromancy increasing demand for magic gear, particularly for accessibility in GWD and experimentation with entry-to-mid gear during the skill launch.
- **September 2023 (Hero Pass Backlash):** Economic uncertainty led to sharp speculative flipping as players offloaded investments, creating a bubble.
- **2023 Black Partyhat Release:** GWD items became convenient liquid assets, propping up prices of affordable PvM-required items.
- **Major Dips:**
- **April 2024 Duping Events:** Multiple GP-inflating events (1B GP Treasure Hunter rewards and Max Cash exploits) caused price depreciation due to market oversupply of gold and diminished purchasing power tied to inflated item pools.
- **Post-Necromancy Adjustment:** The glut of near-identical mid-tier gear caused consistent deflation after Necromancy's post-launch hype wore off (September–November 2023).
- **Mining/Smithing Rework Leaks (July 2024):** Unconfirmed rumors of further PvM reworks impact demand.
### **Short-Term Price Forecast**
Given stabilization trends following the April 2024 GP-related exploits, the Gloves of Subjugation will likely rise modestly over the next few months, potentially reaching **6.5–7M by September 2024.**
- **Drivers of Growth:**
1. Increased PvM interest with the new **Sanctum of Rebirth**.
2. Seasonal activity during **summer PvM events** and potential incoming promotions tied to treasure hunters or bonus XP weekends.
- **Risks to Price:**
1. **Supply Shock**: Any further exploitation or duping bugs tied to general-purpose PvM gear would sharply deflate prices.
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Ely Intelligence Analysis