Ruby Prices Soar at Gemfields Auction, Yields $29.3 Million

Ruby rough pair sold at the auction

Exceptional Rare Burmese Ruby Sells for $30 Million at the Geneva Auction!

Exceptionally Rare 25.59 carats Pigeon Blood Red Burmese Ruby sold for over US $30 Million! Photo Courtesy : Martial Trezzini/Keystone via AP, File)

Natural Ruby Ring sold for USD 371,000

Important Ruby & Diamond Ring. Courtesy of Luxeford Hong Kong Ltd.; not transferrable.

Burmese Ruby ring heart shape Ruby

Burmese Heart shape Ruby Ring by Suranas Jewelove

Burmese Million Dollar Star Ruby!

Magnificent Star Ruby & Diamond Ring. Photo courtesy : Christie's

Fine 4.36 carats Natural Ruby estimated upto 600,000 USD!

Fine 4.36 carat Ruby at over 125,000 USD per carat. Photo Courtesy : Sotheby's

Natural Burmese Ruby Ring with Diamonds by Suranas Jewelove

Natural Burmese Ruby ring with diamond accents, by Suranas Jewelove

The 4 Million Dollar Heated Ruby!

The 4 Million Dollar Heated Ruby!

Exotic engagement ring from the King of Gems Collection by Jewelove, studded with a magnificent Ruby & diamonds, set in 2-tone gold

The King of Gems Collection by Jewelove

Magnificent multi-strand Ruby beads from the King of Gems Collection by Jewelove

The King of Gems Collection, by Jewelove

Magnificent Natural Ruby beads

The King of Gems Collection by Jewelove

A pair of earrings studded with Rubies and diamonds, set in 18 K Gold.

Queen of Hearts ring from the King of Gems Collection by Jewelove

The King of Gems Collection