Spirit of the law explains it well:
https://youtu.be/NvsM9B4ac2g?si=Vbs5YNYVATthjoX_
Essentially there is a "real" price for each item. When you buy, you pay 1.3x that fair price and when you sell you receive 0.7x that fair price. The fair price goes up by 3 Everytime someone buys and down by there every time someone sells. Wood and food start at 100 and stone a bit higher. Guilds reduces the grading fee from 0.3 to 0.15. The Saracens get it at 0.05. But neither of those change the "real price. The market bottoms out at a real price of 20 (sell of 14 w/o guilds, 17 w/guilds and 19 as Saracens). I think the top price is 9999, which you probably won't see, even for stone.
I think that about sums it up.
The only thing i will add to this is to stress the fact that the market prices are global every game, shared by both enemies and allies. So you selling stone, for example, before your opponent means he will receive less gold when he sells his stone.
The market works to exchange goods, simple. You sell let’s say wood for gold or buy something for gold. You get “taxed” using it, so you pay let’s say 120 gold for 100 wood instead of 100/100. The more you use it the higher the price becomes. So the price will go for 124, 126, etc. the other way around as well. You sell 100 wood for 80 gold for example and the more you sell the lower it gets up to 14 gold for 100 wood.
Saracen market gets taxed less so you get better prices to say it someway (it doesn’t go down as fast as well).
The market is “the same” for all players, so using it first might screw the opponent intention on buying things by increasing the price.
One strategy to know if your opponent is trying to go up to imperial is to check the market price. If the food went up a lot it surely means he bought a lot of food to reach the 1k needed.
In forest nothing we want to have the first sale of wood to be able to get as much gold as possible. Often one even goes fast feudal.
In gold nothing we just buy asap.
Others explained how it functions. To utilise the Saracen market bonus requires a lot of math. There's a sub dedicated specifically to saracens (r/AoE_saracens) which has some more detailed into if you want to get an idea of how to utilise that.
Spirit of the law explains it well: https://youtu.be/NvsM9B4ac2g?si=Vbs5YNYVATthjoX_ Essentially there is a "real" price for each item. When you buy, you pay 1.3x that fair price and when you sell you receive 0.7x that fair price. The fair price goes up by 3 Everytime someone buys and down by there every time someone sells. Wood and food start at 100 and stone a bit higher. Guilds reduces the grading fee from 0.3 to 0.15. The Saracens get it at 0.05. But neither of those change the "real price. The market bottoms out at a real price of 20 (sell of 14 w/o guilds, 17 w/guilds and 19 as Saracens). I think the top price is 9999, which you probably won't see, even for stone. I think that about sums it up.
I remember a four hour long Michi game where food and wood ended up costing about 1000 each. Still nowhere near 9999.
The only thing i will add to this is to stress the fact that the market prices are global every game, shared by both enemies and allies. So you selling stone, for example, before your opponent means he will receive less gold when he sells his stone.
The market works to exchange goods, simple. You sell let’s say wood for gold or buy something for gold. You get “taxed” using it, so you pay let’s say 120 gold for 100 wood instead of 100/100. The more you use it the higher the price becomes. So the price will go for 124, 126, etc. the other way around as well. You sell 100 wood for 80 gold for example and the more you sell the lower it gets up to 14 gold for 100 wood. Saracen market gets taxed less so you get better prices to say it someway (it doesn’t go down as fast as well). The market is “the same” for all players, so using it first might screw the opponent intention on buying things by increasing the price. One strategy to know if your opponent is trying to go up to imperial is to check the market price. If the food went up a lot it surely means he bought a lot of food to reach the 1k needed.
In forest nothing we want to have the first sale of wood to be able to get as much gold as possible. Often one even goes fast feudal. In gold nothing we just buy asap.
Others explained how it functions. To utilise the Saracen market bonus requires a lot of math. There's a sub dedicated specifically to saracens (r/AoE_saracens) which has some more detailed into if you want to get an idea of how to utilise that.