Actually if you are a min/maxing high end raider. The best race is probably Human (max your point into stamina). Dark Elf does get hide, but it doesn't always work and in the end you're going to want a goblin ring anyway.
In the end game (if you get there), you are going to max int and cha fairly easy (remember that cha can be buffed). But you probably wont max stamina, even in Velious.
That being said, only a small portion of the server gets this kind of gear. For all practical consideration for most players id go for Erudite or High Elf (high elf is barely worse). You will be able to actually max your important stats with planar gear this way.
Considering it doesn't really matter that much at all, there is no real issue with going Dark Elf or Gnome. It might actually be more practical to go DE if you don't want to get the ring for a long time.
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