How much is a red ruby worth?

How much does a 1 carat ruby cost?

Ruby – Single Stone Price List

Size V. Fine Mid. Range
under 1 ct. call $300-450
1 carat size call $450-650
2 carat size call $600-800
3 carat size call $600-800

What is the current price of ruby?

Ruby prices begin from as low as ₹ 450 and trend 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).

Why is ruby expensive?

Rubies come from the corundum mineral, which is a form of aluminum oxide. … Corundum scores a nine on the Mohs hardness scale, which grades the strength of gem minerals. Diamonds are a 10. This is another reason ruby is so highly valued, along with the deep color and gorgeous shine.

What is a raw ruby?

A raw ruby gemstone is often found in the hexagonal shape. The surface of this stone is balanced and not unsymmetrical like other stones. The form of ruby stone can be highly inspired from the rock it is excavated.

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