Ruby Jewellery Pricing Details
Ruby jewellery price per carat can start from INR 450 and go up to INR 2 Lakh and even more. Old Burmese Ruby jewellery price ranges between INR 70,000 to INR 1.5 Lakh. Similarly, depending on the choice of the metal used, the intricacy of the jewellery design, and the size of the gemstone, the price of Ruby gemstone jewellery varies. A buyer needs to understand that the weight of gemstones in India is usually expressed in Ratti and not in Carat.
Factors Affecting the Price & Quality of Ruby Jewellery
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. The international gemstone market uses globally accepted standards to assess the quality of rubies which can help customers understand how much are rubies worth.
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 jewellery price starts between INR 90,000 - 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 jewellery above a few carats, is rare to find, even rarer than diamonds. Therefore, the 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.