However good quality rubies don t necessarily need to cost a fortune.
Ruby price per carat.
In general the greater the carat weight the more your ruby is worth.
The per carat price of ruby can also increase dramatically as size increases especially for better quality stones.
The world s largest ruby an 18 696 carat stone weighs approximately 8 2 pounds.
An old burmese ruby weighing between 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.
The single gemstone that has registered an increase of 10 30 increase in price depending on quality and origin every quarter since september 2011 is the precious gemstone ruby.
One of the most popular traditional jewelry stones ruby is exceptionally durable.
As with all other gemstones ruby stone price are determined by cut color clarity carat weight lack of treatment and current demand supply equations.
Big high quality specimens can be extremely expensive their price can go up to several thousand usd per carat.
The color of ruby the mixture of these untreated and heat treated rubies show a range of darker and brighter red colors.
Fine quality rubies are some of the most expensive gemstones with record prices over 1 000 000 per carat.
Large transparent rubies are particularly rare.
Notes in india mozambique ruby prices per carat ranges from rs 20 000 per carat 315 approx to rs 1 lakh per carat 1400 approx and above.
Price per carat increases significantly as carat weight.
In the sotheby s fall 2018 auctions an 8 carat burmese ruby sold for 2 000 000.
Ruby burma untreated red si vvs type ii 15 000 to 25 000 per carat.
However rubies are also subjected to more treatments than almost any other gem.
Ruby prices begin from as low as 450 and trend up to 2 lakh per carat 12 to 1 600.
Its colors always red can reach vivid levels of saturation.
As we mentioned above it s very possible to buy a gorgeous ruby for a significantly lower price than a diamond of similar carat weight.
8 carat natural burmese ruby sells for 2 000 000usd.
Ruby s value is dependent on its quality color and carat weight.