Rubies tend to be cheaper than diamonds of the same size although it also depends on rarity and the quality of the color of the gems in question. Some of the rarest rubies, the Star Ruby and the Burma Ruby, still cost less per carat than white colorless diamonds. Rubies can also be lab-grown; these rubies are more affordable than mined ones. On average a 1-carat ruby would cost around $1000, whereas a 1-carat diamond would cost upwards of $2500.
Are ruby rings cheaper than diamond rings?
Rubies tend to be cheaper than diamonds of the same size although it also depends on rarity and the quality of the color of the gems in question. Some of the rarest rubies, the Star Ruby and the Burma Ruby, still cost less per carat than white colorless diamonds. Rubies can also be lab-grown; these… Continue reading Are ruby rings cheaper than diamond rings?
