Gemstone beryl. Gemstone pricing and value are governed by factors and characteristics on the quality of the stone. These characteristics include clarity, rarity, freedom of defects, beauty of the stone, as well as the demand for them. There are different pricing influencers for both colored gemstones, and for diamonds. The pricing on colored stones is determined by market supply-and-demand, but diamonds are more intricate. Diamond value can change based on location, time, and on the evaluations of diamond vendors. There are a number of laboratories which grade and provide reports on gemstones. Each laboratory has its own methodology to evaluate gemstones.
Ruby Ruby A ruby is a pink to blood-red colored gemstone, a variety of the mineral corundum (aluminium oxide). Other varieties of gem-quality corundum are called sapphires. Ruby is one of the traditional cardinal gems, together with amethyst, sapphire, emerald, and diamond. The word "ruby" comes from "ruber", Latin for red. The color of a ruby is due to the element chromium. The quality of a ruby is determined by its color, cut, and clarity, which, along with carat weight, affect its value. The brightest and most valuable shade of red called blood-red or pigeon blood, commands a large premium over