Ruby Price Per Ounce

Large transparent rubies are particularly rare.
Ruby price per ounce. Of course natural ruby s price is much higher compared to synthetic versions. All natural rubies have imperfections in them including color impurities and inclusions of rutile needles known as silk. With a hardness of 7 5 to 8 on mohs scale it s one of the hardest gemstones. 18 karat gold price per gram per ounce and per tola bar the precious metal gold measured by troy weight and by grams.
When it is alloyed with other metals the term carat or karat is used to indicate the purity of gold present with 24 carats being pure gold and lower ratings proportionally less. The difference between the spot price and the ask price is known as the premium of silver per ounce. Ruby burma untreated red si vvs type ii 14 000 to 18 000 per carat. No trade data available.
Price per carat increases significantly as carat weight increases. Synthetic rubies also exist and are sometimes used as a substitute for naturally occurring gemstones. The world s largest ruby an 18 696 carat stone weighs approximately 8 2 pounds. Ruby per ounce price.
Likewise a one carat fine quality mozambique ruby can draw up to 90 000 1 200 to 1 400. Nevertheless it s also brittle and a strong hit or extreme temperatures could make it crack so it should be handled with care. The spot price of silver is always higher than the bid price what dealers pay for silver per ounce and always lower than the ask price what you will pay a dealer for silver per ounce. An old burmese ruby weighing between and 1 carat with dark red or deep pink color and minimal inclusions can price anywhere between 70 000 to 1 15 000 per carat 1 300 to 1 600.
A ruby is a pink to blood red colored gemstone a variety of the mineral corundum. Though it s likely your ruby is not this large your stone s carat weight will still have an impact on its value. In general the greater the carat weight the more your ruby is worth. As of may 2015 the record price for a ruby is approximately 2 million per carat.
And for the classic colored gemstones the classic big three of colored gemstones rubies emeralds and sapphires the costs increase dramatically as the quality and size of the gem. The red color is caused mainly by the presence of the element chromium. Big high quality specimens can be extremely expensive their price can go up to several thousand usd per carat. Million for a 25 59 carat mogok pigeon s blood ruby.