Factors Influencing Ruby Price In India

Ruby prices in India are based on the quality of the gem and its 4 Cs. While other factors that determine ruby price are treatments, international customs, and the rarity of its features. Despite all considerations, the most prized is the color. This is the drive for an entire industry. Based on records of ruby prices in India, this is based on many factors. The carat can be one aspect; in the majority of cases, rubies weigh only around 1 carat. However, ruby prices in India double when the rubies are not heat-treated. It increases steadily when rubies show better color, even after they get heated. While dealing in rubies that are more than a few carats, ruby prices in India will increase exponentially despite having no ideal color. This is because of the rarity of a higher-value carat weight.

The 4’Cs 

The Ruby prices in India depend on their quality and carat weight, just like any other gemstone. It is worth mentioning that carat weight is the unit of measurement for most of the gemstones that are weighted (1 carat = 0.2 grams). Ruby prices range from $1 a carat to $100,000+ a carat, based on the 4Cs. The most costly ruby sold is the famous Sunrise Ruby, which sold for over a million dollars per carat at 25 carat weight.

 
The reasons for higher prices are:

We can say that the larger the gemstone, the rarer its value. This is true for the reason that any gem can have a significant and variable change in value, especially rubies. For instance, blue sapphires may easily reach extracted sizes of up to 100 carats, while rubies do not easily reach these much larger sizes. The reason is that their coloring component, chromium, does not easily blend with the corundum, while the components for blue sapphires, i.e., iron & titanium, do.

From the beginning, rubies were scarce since they were available in primarily red tones from medium to dark. There is nothing like a light ruby, but pink sapphires made from the same material, have a significant price variation between corundum named "pink sapphire" versus "ruby" with ruby content setting higher prices. Nevertheless, the precise colors that are eligible for a gemstone, such as pink or red corundum, are the subject of endless debate.
It all matters on the basis of whatever choices are made. Ruby prices in India are the highest for colored gemstones available in the Indian market. On the basis of the carat weight of a treated ruby, along with a slight color modification, it may have a lesser value of 20% of a natural ruby along with a perfect red. The price of rubies between these two variants is also costly, in comparison to high-quality sapphires and emeralds.

Based on past records of ruby inventory, the majority of rubies weigh only around 1 carat. However, this amount doubles when the rubies are not heat-treated. It increases steadily when rubies show better color, even after they get heated. While dealing in rubies that are more than a few carats, their price will increase exponentially despite having no ideal color. This is because of the rarity of the availability of a higher-value carat weight.

With your knowledge of these aspects, the Navratan has well defined the 4Cs that can help you find the perfect ruby on their website. Visit Navratan.com!