Ruby is one of the world’s most coveted gemstones, and it doesn’t need much introduction. The rich and regal red coloured gemstone of the Corundum mineral family often shares the spotlight with diamonds at international auctions.
Even the act of purchasing a ruby is cause for celebration. It signifies love and passion with its fiery red hue and brilliant luster. In many cultures, it is a highly prized gemstone. Wearing a ruby (Hindi: Manikya or Manik gemstone) is said to bring the wearer professional success, financial gain, good health, and better relationships in India (Vedic astrology). Ruby is mentioned four times in the Bible’s sacred texts. People born in the month of July are said to be blessed in the Western world by wearing a ruby birthstone. The ruby is a popular choice as a wedding anniversary gift in modern times.
So, whether you Ruby Price In India or from a brick-and-mortar jeweller, you should keep the following factors in mind to ensure a long-lasting investment. If you’re looking for a high-quality ruby, it’s important to keep in mind that not all rubies are created equal. A wonderful passage from the King of Morocco’s speech, “Abu Inan Fares,” comes to mind.
HOW CAN I DETERMINE RUBY PRICE?
The Corundum mineral family is shared by a number of important gemstones, including ruby. It’s called a ruby when the colour is the most dominant, but corundum can come in a variety of hues. Sapphires come in a variety of hues and tints. Rubies are known as “Rajratna” or “King of Gemstones” for a reason. It’s worn for both its spiritual and aesthetic qualities. Low-quality rubies might end up costing you more money in the long run.
The mines of Burma (now Myanmar), Madagascar, Mozambique, India, Thailand, Afghanistan, Tanzania, and Africa provide fine-quality ruby rough. Since the hue of Burmese ruby stands out, it’s the most valuable type. Ruby from Tanzania, Madagascar, and Mozambique are the next most popular options. Thailand ruby and Indian ruby are among of the more affordable alternatives for those on a tighter budget.
PRICE OF BURMESE RUBIES
Myanmar (formerly known as Burma) has been a prolific source of high-quality ruby gemstones for generations, particularly the Mogok Mine in the Old Burma area. Due to the fact that the word “Burma ruby” has now become synonymous with top-quality rubies, Burmese ruby prices are projected to be on the upper end. This old Burmese ruby, commonly known as a Mogok ruby, has gained a solid reputation in the market.
The Ruby Stone Price In India gemstone depends upon its Origin, Color, Clarity, Cut and Carat weight. However, Rarity, Demand and Treatment? (if present) also have an influence on the ruby value. The Manik stone price in India remains high for natural, untreated and unheated rubies. All these factors have a certain role in determining the overall worth of a ruby gemstone.
As a result, prices for rubies from Burma’s past, particularly those from Mogok, have skyrocketed. Burma or Myanmar ruby prices vary wildly because of its remarkable colour and purity, due to its limited supply and strong demand. Price per carat of Burmese Ruby starts at 10,000 ($150) in India and can go up to 1,20,000 per carat per carat ($1,600) or more in the market.