Cryptocurrency Q&A Does ruby go up in value?

Does ruby go up in value?

Alessandra Alessandra Fri Nov 01 2024 | 5 answers 1183
I'm wondering if ruby increases in value over time. I'm considering investing in some ruby gemstones, but I want to make sure if it's a worthwhile investment that will appreciate in value. Does ruby go up in value?

5 answers

CryptoChieftain CryptoChieftain Sun Nov 03 2024
The price of top-color rubies escalates significantly when they are devoid of any eye-visible inclusions.

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CryptoMercenary CryptoMercenary Sun Nov 03 2024
These imperfections can detract from the gem's value, making clean rubies highly sought-after and expensive.

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Silvia Silvia Sun Nov 03 2024
Additionally, the cost per carat of a ruby tends to shoot up as its size grows larger.

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WhisperEcho WhisperEcho Sun Nov 03 2024
Larger stones are often rarer and more impressive, driving up their price.

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Carlo Carlo Sat Nov 02 2024
This size-related price increase is particularly pronounced for rubies of superior quality.

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