Price Of Ruby Per Carat

Fine quality rubies are some of the most expensive gemstones with record prices over 1 000 000 per carat.

Price of ruby per carat.

As with all other gemstones ruby stone price are determined by cut color clarity carat weight lack of treatment and current demand supply equations. Typically mozambique ruby stone prices depend upon its color clarity cut and carat weight. This makes ruby one of the most important gems in the coloured stone market. Its colors always red can reach vivid levels of saturation.

In general the greater the carat weight the more your ruby is worth. Price per carat increases significantly as carat weight. 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. Trace elements that become part of the mineral s crystal structure cause variations in its colour.

Rubies can command the highest per carat price of any coloured stone. In the sotheby s fall 2018 auctions an 8 carat burmese ruby sold for 2 000 000. Big high quality specimens can be extremely expensive their price can go up to several thousand usd per carat. Ruby s value is dependent on its quality color and carat weight.

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 world s largest ruby an 18 696 carat stone weighs approximately 8 2 pounds. 8 carat natural burmese ruby sells for 2 000 000usd. The color of ruby the mixture of these untreated and heat treated rubies show a range of darker and brighter red colors.

One of the most popular traditional jewelry stones ruby is exceptionally durable. In its purest form the mineral corundum is colourless. Ruby burma untreated red si vvs type ii 20 000 to 30 000 per carat. The per carat price of ruby can also increase dramatically as size increases especially for better quality stones.

Though it s likely your ruby is not this large your stone s carat weight will still have an impact on its value. 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.