| Item | GemStone | Max. Rate | Avg. Rate | Min. Rate |
|---|---|---|---|---|
|
RUBY GemStone | $ 57.2 | $ 44 | $ 39.6 |
| Item | GemStone | Max. Rate | Avg. Rate | Min. Rate |
|---|---|---|---|---|
|
RUBY GemStone | ₹ 2599 | ₹ 2300 | ₹ 2070 |
| Item | GemStone | Max. Rate | Avg. Rate | Min. Rate |
|---|---|---|---|---|
|
RUBY GemStone | € 54 | € 45 | € 41 |
Ruby, the majestic red gemstone, has long been celebrated as a symbol of love, power, and vitality. Part of the corundum family, rubies are known for their intense red hues, exceptional hardness, and historical significance as one of the most precious gemstones in the world. In this article, we explore ruby’s appearance, global sources, market demand, pricing in India, the U.S., and Europe, grading criteria, and why this fiery gemstone continues to enthrall collectors and jewelry lovers alike.
Rubies are prized for their vivid red color, ranging from bright pinkish-red to deep, blood-red shades. The most valuable rubies exhibit a rich, saturated red with a hint of blue, often referred to as "pigeon blood red," which is considered the pinnacle of color quality. Clarity varies, with inclusions common, but eye-clean rubies—stones without visible inclusions—are exceptionally rare and highly valued.
Rubies are typically faceted into round, oval, cushion, and emerald cuts to enhance their brilliance and color. With a Mohs hardness of 9, rubies are highly durable and suitable for everyday jewelry, including rings and bracelets. Their brilliance, combined with hardness, makes them a top choice for luxury jewelry designers worldwide.
Ruby is mined in several countries, with each region producing stones of distinct quality and color:
Burmese rubies remain the most coveted in the world due to their color intensity, rarity, and historical prestige.
Rubies have enduring demand because of their timeless beauty, rarity, and symbolic value. They are considered a symbol of love, courage, and vitality, making them popular for engagement rings, high-end necklaces, and luxury jewelry pieces. Collectors and investors particularly seek rubies with excellent color, clarity, and size due to their scarcity and long-term value retention.
In addition, rubies are associated with passion and protection in metaphysical traditions, which adds to their allure among spiritual and holistic communities. Their combination of aesthetic appeal, historical significance, and perceived energetic properties ensures sustained demand worldwide.
Ruby prices vary dramatically depending on color, clarity, size, and origin. Approximate market rates include:
Larger, untreated rubies with vivid color and minimal inclusions are extremely rare and can fetch record prices at auctions and in private collections.
Rubies are evaluated based on several factors that determine their value:
Rubies continue to appeal to collectors, jewelers, and consumers seeking luxury and statement pieces. Their fiery red color symbolizes passion, love, and strength, making them popular for engagement rings, anniversary gifts, and heirloom jewelry. Designers often pair rubies with diamonds, platinum, or gold to highlight their brilliance and create timeless pieces.
Rubies are equally valued in spiritual and metaphysical practices, where they are believed to enhance vitality, confidence, and courage, adding another layer of desirability for enthusiasts beyond traditional jewelry markets.
Ruby remains one of the most coveted gemstones in the world due to its striking red color, exceptional hardness, and rich history. With major sources in Myanmar, Sri Lanka, Madagascar, and other regions, rubies continue to captivate buyers across India, the U.S., and Europe. Their combination of beauty, rarity, symbolic meaning, and investment potential ensures that rubies will remain a cornerstone of fine jewelry and gemstone collections for generations to come.
Ruby price varry based on the Quality of the GemStone , Karat of the Ruby GemStone and Work carried out and availability of the Ruby GemStone in the Market. The Price given above is nearly same, but actual price may slightly vary based on the location.