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Industry experts weigh in on the highs and lows of the ruby business amid macroeconomic challenges, with coloured gemstone dealers banking on stronger demand in emerging markets, driven by the ruby’s reputation as a legendary gem and store of wealth.
Heart-shaped ruby from Gemburi Co Ltd
Ruby testing at the Gem and Jewelry Institute of Thailand
Ruby Master Set developed by the Gem and Jewelry Institute of Thailand
A pair of unheated Mozambique rubies with a total weight of 10 carats
Ring adorned with a 7.11-carat ruby by Rare Gems Burma
3-carat unheated Mozambique ruby by KV Gems
Polished rubies from Veerasak Gems Co Ltd
5-carat unheated oval Mozambique ruby from Sukhadia Stones Co Ltd
3.07-carat Burmese from Veerasak Gems Co Ltd
For many centuries, rubies have symbolised passion and power – their fiery colour prized by the kings and queens of Europe, the tzars of Russia and the shahs of the Mughal empire. These beloved stones continue to dazzle the jewellery market today.
Gems from the Mogok Valley in Myanmar are deemed to be the finest and most valuable, proven by top-performing rubies sold at international jewellery auctions. According to Gemburi Co Ltd Managing Director Phuket Khunaprapakorn, ruby deposits were discovered in a few regions mainly in Thailand and Myanmar around 40 to 50 years ago. Today, these deposits are exhausted.
KGK’s scintillating repository of fine gems and diamonds
An interview with Dacques Nini in Mogok
Alrosa’s colorful world
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