Gold necklace

Gold Necklace is a free-to-play item on the OSRS Grand Exchange in the other category.

In-game examine text: "I wonder if this is valuable."

It has a Grand Exchange buy limit of 18,000 every four hours, a high alchemy value of 270 gp, and item ID 1654.

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Gold Necklace currently has a flip margin of −2 gp, which isn't profitable to flip right now despite 518,029 trades over the last 24 hours.

Items with negative or zero margins like this are better watched than actively flipped until the spread widens.