Madagascar Ruby Price In India

The single gemstone that has registered an increase of 10 30 increase in price depending on quality and origin every quarter since september 2011 is the precious gemstone ruby.

Madagascar ruby price in india. There are many suppliers who deal in low quality gems and sell them at the cost of an original untreated ruby. Known in olden times as the beryl island madagascar has long been considered a mineralogical paradise. However with its impressive product qualities the red color gem has made its place in the gem market in a short span of. Historically madagascar s economy was fueled by agriculture but.

Burmese ruby madagascar ruby stone. As it is the cheapest ruby available in the market it is highly used in silver jewelry. Origin color clarity and uniqueness collectively influence the price of ruby. Its price varies from 0 50 upto 10 per carat.

Ruby stone prices in india can range anywhere between 450 to 2 lakhs 12 to 1 600 per carat even above. Madagascar is relatively new in the gem market. As with all other gemstones ruby stone price are determined by cut color clarity carat weight lack of treatment and. Madagascar produces mainly fine blue and pink sapphires.

However two important ruby deposits have also been discovered. As per the recent stats madagascar ruby gemstone price per carat begins from 15 000 240 approx and draws a premium as high as 2 0000 per carat per carat 3100 approx in the market and above. Madagascar is one of the newer sources for ruby gemstones. The original madagascar ruby price in india depends upon the authenticity of the gem.

Madagascar is located approximately 400 km off the coast of southeast africa and as of recent times it has become one of the most important sources for fine quality colored gemstones particularly ruby and sapphire. Indian ruby is considered to be cheaper more blackish in color produced bulk in india so it makes it cheapest ruby. Hence it is very important to know the authenticity of the gem and the whether the dealer is a reliable source or not. It s still known for its gem wealth and yields more than just beryl gemstones.