Price of a Ruby Wedding Ring

The price of a ruby wedding ring can vary widely depending on several key factors. The most significant is the quality of the ruby itself—stones with vivid, rich red color, high clarity, and minimal treatment are much more valuable. Untreated rubies or those with the rare “pigeon blood red” hue can significantly raise the price.

Other factors influencing the price of a ruby wedding ring include the carat weight, origin (with Burmese rubies being among the most prized), and whether the ruby is natural or synthetic. The choice of metal for the setting—such as platinum, white gold, or yellow gold—as well as the presence of additional diamonds or design details, will also affect the overall cost.

On average, the price of a ruby wedding ring can range from a few hundred dollars for smaller, treated stones in simple settings to tens of thousands of dollars for high-quality, untreated rubies in luxury designs.

Example Wedding Rings:

This pricing is not to be confused with ruby engagement rings, which can have huge rubies as the center stone and can easily exceed the cost of the mortgage on most houses. Based on the NRC inventory of what has been made and is ready to ship, the price of ruby engagement rings can vary even more drastically.

Example Engagement Rings:

Price of Rubies vs. Labor

Only small rubies are used for wedding bands, in order to match the profile of the band and to sit comfortably on the finger. This means that the rubies are priced relatively low versus the cost of setting them into the ring. Even if the quality is high, the small carat weight significantly reduces the price of the rubies. Furthermore, the actual price of the metal is so low in comparison to labor costs that the wedding bands end up grouped by style when sorting their prices.

The white and yellow gold is priced the same, however the platinum does cost more. At this size however, the total price difference is $49.23.

When working lots of small gems into a pave setting (multiple small gems matched together)  like the examples above, as much as 90% of the cost goes towards the labor of matching and setting them. I specify matching the gems because rubies come in a whole range of colors with different hues, tones, and saturations. This makes finding ones that match each point on the three different scales of color an arduous process. The second labor compensation is setting all these rubies, which depends on the number being set and how difficult the process is.