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There are so many variables when pricing a ruby that your question does not have a simple answer.

When it comes to gold all you need is the weight and the carat strength to get your price. And with gold your price will change on a daily basis because the price of gold changes daily.

As for rubies color is the biggest determining factor for quality. A deep red color being best. Clarity or brilliance is important. Rubies can be much more expensive than diamonds. Nature makes every stone unique which is why you can't just put a price tag on precious stones.

Where an ounce of gold is $1657 on 8/29/2012, the price of a 1 carat mediocre ruby could be about the same depending on the seller and what he/she paid for the stone. When pricing jewelry it is best to shop around.

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12y ago

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12y ago
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Q: What is more expensive ruby or gold?
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