Pricing Details of Ruby Stone
Original manik ratna Price varies steeply even within the same variety because of several quality factors. Origin, colour, clarity, and uniqueness, collectively influence the natural ruby gemstone price. Natural Ruby stone prices in India can range anywhere between INR 450 to INR 2 Lakhs per carat, even above. Below are mentioned factors that are responsible for the fluctuation of the price of ruby stones.
Factors Affecting the Quality & Price
Ruby stone (Manikya stone) is a rare and highly popular gemstone. The best quality ruby comes from a reputed origin and displays balance in colour saturation & consistency with minimal contamination.
Origin
Burmese ruby is the most expensive ruby origin because of its exceptional colour quality. However, African rubies also command a high ruby rate in the market nowadays. On a per carat basis, Old Burma ruby stone price starts between INR 90,000 to 1,20,000, Mozambique ruby can draw up to INR 90 000, Thailand ruby is economical, costing up to just INR 5,000, and Indian ruby is even cheaper.
Colour
The colour of natural ruby single-handedly influences the cost of ruby. Dark red or pigeon blood Ruby colour is the most desirable ruby colour and draws exorbitant prices. Ruby gemstone price per carat decreases as we move across from deep red rubies to vibrant red ruby, pink ruby, and purple ruby.
Treatment
Being precious, rubies are quite vulnerable to profiteering. Low-quality rubies are often coloured or heat-treated for extensive margins. An original ruby stone is usually more expensive (depending on the origin) than synthetic ruby or glass-filled rubies. A genuine, untreated manik stone bought at cheaper prices should always be seen with suspicion.
Clarity
Clarity is broadly judged by the brightness and volume of inclusions found in the ruby. A real ruby will almost always have visible or invisible inclusions. Rubies with inclusions not visible to the naked eye are extremely rare and thus highly expensive. Manik stone price per carat will be significantly high for such natural, inclusion-free ruby.
Carat Weight
A flawless, natural ruby above a few carats, is rare to find, even rarer than diamonds. Therefore, manik stone price per carat increased exponentially when moving from one-carat to three or four-carat ruby.
Cut
The way a ruby is cut can contribute around 10-20% to the cost of Ruby. Faceted cut ruby is brilliantly enhanced but incurs significant stone wastage as well. For the same quality, a faceted ruby costs more than a ruby cabochon.