Ruby is regarded as one of the most quintessential gemstones according to Vedic astrology. Ruby, a variety of the Corundum family, has a lot of benefits to offer. Ideal to be worn for success and growth, this King of Gemstone has the power to enhance immense self-confidence. Also known as Manik in Hindi, this alluring gemstone is worn by royalty, the Hollywood elite and the most famous celebrities of the world.
One of the most precious gemstones, Ruby truly signifies the intensity of emotions and honor because of the brilliant luster and color. Being so exclusively famous this gemstone deserves a good amount of price. Although, there are additional factors like origin, cut, color, and clarity that helps to determine the price of this beautiful gemstone.
Rubies are treasured for their immaculate beauty and rarity that comes with vivid color
saturation. Any difference in color, origin, clarity and size leaves a deep impact on its overall pricing. For all the connoisseur of gems this Ruby value price guide can help you gain all the information related to this mesmerizing gemstone.
Ruby price per carat begins from as low as ₹ 450 and trends up to ₹ 2 Lakh per carat ($12 to $1,600). An Old Burmese Ruby weighing between ½ and 1 carat with dark red or deep pink color and minimal inclusions can price anywhere between ₹ 70,000 to 1,15,000 per carat ($1,300 to $1,600). Likewise, one carat, fine quality Mozambique Ruby can draw up to ₹ 90, 000 ($1,200 to $1,400). In a highly unregulated gemstone market, the worth of Rubies can be increased artificially by heat or color treatment. To ensure a fair purchase, it is advisable to buy Rubies that are certified for their origin, color and clarity by recognized national or international laboratories.
Origin– The quality and price of the gemstone are greatly affected by its origin. Burmese Ruby or Old Burma Ruby is the most popular Ruby origin because of its brilliant color saturation and consistency. However, the discovery of new Ruby mines in Africa and Asia has expanded the choice range for customers by giving away new varieties like Mozambique ruby, Thailand Ruby, and Afghanistan Ruby. However, Myanmar produces the finest quality gemstone.
Color: Color is the most important factor that affects the price of Ruby. To figure out the best quality of Ruby we need to consider its hue, tonal grade and saturation. Hue signifies the type of red, the redder the gemstone the better. The tonal grade determines the level of darkness of red. While saturation determines the intensity of color. The most allured Ruby colors are the strong pure red and a red with a hint of blue most commonly known as pigeon’s blood.
Clarity– Clarity is yet another important parameter that determines the quality and price of Ruby. Flawless and natural Ruby gemstone above a few carats is rare to find. Also, the visible clean gemstone is higher in price. Having natural inclusions makes the gemstone priceless and reflects the utmost beauty. Rubies are classified under type II grade that makes natural inclusions a normal phenomenon.
Carat Weight– Ruby stone price per carat increases exponentially when moving from one carat Ruby to three or four-carat Ruby.
Cut– The way a Ruby is cut can contribute around 10-20% to the cost of Ruby. Faceted cut Ruby is brilliantly enhanced but incurs significant stone wastage as well. For the same quality, a faceted Ruby cost is higher than a Ruby cabochon.
Luster – Luster is another important factor that determines the Manik stone price. Natural and unpolished Ruby exhibit bright and sharp reflections. The higher and excellent the luster, the more valuable the Ruby is.
Why should you buy Ruby and Ruby jewelry from GemPundit?
GemPundit is an online leading provider of loose gemstone and jewelry. We are known for having the finest and authentic gemstones that you can rely upon. Obviously, determining the price of a gemstone comes after considering a lot of factors as already mentioned above, yet, one also has to consider that they should not buy such precious and expensive gemstones from anywhere and everywhere. A thorough study has to be done before making any kind of purchase. However, we at GemPundit standby our products and have already created a benchmark that we want to sustain. We not only provide authentic products but also have authentic gem lab certificates that stand by what we say.
GemPundit has always endorsed Ruby Jewelry as a classic addition to your collection! The opulence of Ruby jewelry is exhibited in its fiery red colors. As a gemstone, Ruby is admired for symbolizing romance and good fortunes. It has a glow that fascinates women for ages, making Ruby the perfect gemstone of the heart. Ruby Jewelry is preferred for its diverse hues of red varying from pale or pinkish-red to deep blackish red. Though each color of Ruby jewelry radiates the eternal aura and fundamental beauty of nature, deeper tones of red are considered rare and valuable. Read along to know more!
Explore our wide collection of Ruby gemstones and customized jewelry and choose the right one for you. However, you can also get your jewelry customized from us as per your requirements and our team of experts shall render it as per your requirements.