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Ruby is a precious stone and the birthstone for people born in July. This gemstone comes in different types and colors. The price of ruby stones in Bangladesh, as well as in other countries, depends on the type of ruby used to make jewelry.
This type of ruby, which is highly valued for its color saturation and clarity, is the most expensive ruby gemstone in Bangladesh, and its price is around 1.5 lakhs to 7 lakhs per carat. Naturally colored rubies are extremely rare and expensive. Because of this, most rubies available in the market are treatment or artificially colored rubies.
Steroids made rubies are cheaper ruby stones available in the market. Normally these stones are used in experiments. They are also used in the glass industry to search for defects in glass. Depending on the type and clarity, synthetic rubies range from 1000 to 2000 per carat.
These are natural rubies that have been enhanced through treatments like heat, fracture filling, and dyeing. Treated rubies are less expensive than untreated stones but can still have significant value depending on the quality of the treatment received. Treated rubies also have low prices like colored rubies, which are usually 1,000 to 10,000 rupees per carat.
Star rubies are valuable due to their unique appearance and the rare occurrence of asterism. Besides the color and clarity, a factor that increases the price is the quality starlight. A high-quality star ruby can cost anywhere between 10,000 rupees per carat to 2 lakhs per carat and on average around 25,000 rupees per carat.
Stones like rubies, when segregated into different varieties, not only differ in value but in color, clarity, cut, and carat weight. There are various ways in which rubies can be used as jewelry, and each jewelry piece has a different price depending on the on the design complexity, metal used, and craftsmanship involved.
Ruby rings are unique rings that can be made into stunning cocktail rings and elegant solitaires. The average ruby stone ring price in Bangladesh is around 58,000 rupees. This price can be higher or lower depending on the metal used for the ring and the surrounding diamond.
Stunning ruby earrings stand out even in the simplest outfit. This is why they are popular with most women. The price of ruby earrings varies based on whether they are stud, drop, or chandelier styles. Basic ruby stud earrings can be as low as 20,000 rupees, while intricate ruby chandelier earrings can cost upwards of 1 lakh rupees, especially if accompanied by diamonds.
A ruby gemstone necklace is a precious piece of jewelry that is heavily priced. A ruby necklace can cost anywhere from 40,000 rupees for a simple design up to several lakhs for designer pieces with high-quality rubies and gold. This price will depend on the design sophistication and craftsmanship involved because those who love jewelry will prefer more elaborate and expensive pieces.
The price of ruby stone jewelry in Bangladesh that includes ruby pendant is significantly affected by the type of metal and if diamonds are used in the pendant. Pendants that are simple and designed with a single ruby can cost about 15000 to 20000 rupees, and the price can go higher depending on the type of stone and metal decorations.
Rubies have been treasured for their beauty and believed properties for centuries. Apart from being a popular choice for jewelry, rubies are used for healing, in industrial applications, and even as a symbol of power and wealth.
The primary use of rubies today is still in the jewelry sector. Because of strong colors and brilliance, rubies are used to make earrings, rings, and jewelry pendants. Ruby stones are among the most precious stones women love and buy. Owing to this, ruby jewelry sets have become a popular gift item for loved ones. The price differs based on quality, and treated rubies have lower prices than untreated high-quality rubies.
Natural rubies, though mostly used in the jewelry industry, can also be used in many non-gemstone applications like synthetic rubies. Rubies can also be used to make laser systems that are vital in engraving and drilling. Other applications of ruby gemstones include high precision measuring instruments and ceramic materials for color enhancement.
Astrologically, rubies are believed to bring energy and affect the individual’s life positively. Wearing a ruby gemstone is believed to help one rise in life. Because of this, many businesses in Bangladesh sell rubies to people in the higher class of society who believe in and want to try astrological remedies. A high-quality astrological ruby can cost 50,000 rupees to 1 lakh rupees, while normal rubies can cost even much lower.
Rubies are highly collectible due to their historical significance and are sometimes featured in museums or personal collections. The value of a ruby is collectible jewelry increases with its age, provenance, and the quality of the stone. A famous piece belonging to a royal family or a well-known historical figure can be worth millions of dollars.
When selecting rubies, consider the four Cs – cut, color, clarity, and carat weight. Apart from this, choose rubies based on individual preferences and budget.
In rubies, the most important factor is color. Clear red colored rubies fetch the highest price. Rubies that resemble pigeon blood are the most sought and prized by many. Such stones are extremely rare and costly. Clarity is another crucial factor. Rubies with no inclusions or minimal inclusions are highly valued. Rubies may allow inclusions, but they should not be so pronounced that they are visible to the naked eye. Regarding the cut, well-cut rubies will exhibit optimal brilliance and beauty. Avoid badly cut rubies that show color zoning or other flaws. Focus on the cut grade to ensure the beauty of the stone.
The carat weight of the ruby gemstone affects its price in Bangladesh. Larger rubies are bought at a higher price than smaller ones since they are graded by carat. However, a smaller ruby that is of high quality will have a higher price per carat. Consider the overall quality and how much you are willing to spend to buy a ruby of your choice.
Rubies, being hard gemstones, can be maintained easily. The following are easy ways to care for ruby jewelry and its storage methods.
The strongest stone on the Moh’s scale is the ruby. This means that rubies do not scratch easily. However, to prevent scratches on the ruby, avoid exposing it to rough surfaces or hard materials. One can clean rubies using mild soap and warm water. Do not use harsh chemicals or ultrasonic cleaners as they can damage the stone. When cleaning ruby jewelry, use a soft cloth to wipe it off gently.
Exposure to direct sunlight or intense heat can cause a ruby to lose its color over time. Avoid leaving rubies in the sun for long hours. Store rubies in a separate pouch or container to avoid scratches. Since rubies are hard, use a fabric-lined jewelry box with compartments to store ruby jewelry pieces. High-quality rubies can be expensive and have a higher price. Thus, if interested in preserving them, it is good to have them insured, especially if they are part of a larger collection or very expensive.
A1: The price of rubies in Bangladesh ranges from 1,000 to 10,000 rupees per carat. The price depends on the quality of the stone and whether it is treated or not.
A2: The price of ruby stones for necklaces in Bangladesh ranges from 40,000 rupees to several lakhs depending on the complexity and quality of the design.
A3: A natural ruby gemstone has inclusions that can be seen under magnification. Conversely, a synthetic ruby will appear flawless when viewed under magnification.
A4: Do not expose rubies to chemicals or high heat. Avoid direct sunlight as it can fade the stone color. Also, clean rubies using mild soap and water.
