Rubies are red gemstones that symbolize love, passion, protection, and power. Rubies are considered precious gemstones, along with sapphires, emeralds, and diamonds. In fact, both rubies and sapphires belong to the corundum mineral family. Rubies get their color from the trace element chromium. Rubies can appear pinkish-red, purple-red, blood red, or dark red. They are the birthstone for July as well as the gem for 15th and 40th anniversaries.
How much are rubies worth?
Rubies can have the highest price-per-carat of any other colored gemstone. The color, vibrance, and clarity of the stone are all aspects that affect its price. Fluctuating market demands can also affect the cost of rubies. In 2015, a 25.59-carat ruby ring sold at auction for $32.4 million ($1,266,901 per carat). This set a new record for colored gemstones.
Ritani Ruby Jewelry
This ruby stacking ring will add a breathtaking pop of color to your bridal set – or stack it with other rings.
Rubies also pair beautifully with yellow gold. This stacking bangle features dainty rubies.
Hoop earrings are trending – these modern hoop earrings are perfect for this year’s holiday parties.