Rubies are one of the most popular stones for jewellery with pricing fluctuating dramatically depending on a range of different factors including cut, colour clarity and carat. The highest quality rubies can reach over £1,000,000 per carat.
There is a range of other factors that influence the price of ruby jewellery, including the age and period that they were created, as this plays a big part in pricing also. Antique and vintage ruby rings are older, meaning they have more history.