A2oz

Is Ruby More Precious Than Gold?

Published in Gemstone and Metal Value 1 min read

The answer depends on what you mean by "precious."

In terms of monetary value:

  • Gold is generally considered more valuable than ruby. The price of gold is determined by supply and demand in the global market, and it is often used as a safe-haven asset.
  • Ruby value fluctuates based on factors like color, clarity, cut, and carat weight. While some rare and exceptionally beautiful rubies can command high prices, they are generally not as expensive as gold on a per-unit basis.

In terms of rarity and desirability:

  • Ruby is a rarer gemstone than gold. Its value is influenced by its beauty, color, and unique properties.
  • Gold is more abundant and readily available, making it less rare.

Ultimately, the relative "preciousness" of ruby and gold depends on the specific context and what you value most.

Related Articles