SourcingJun 11, 2026
Grandview Klein, London Jewelers Partner To Cut 63-Carat RoughSourcingJun 16, 2026
GemGuide Updates Ruby Prices
Its app now reflects increased prices for Mozambique ruby, as well as changes to its Burma ruby charts.
A diamond, ruby, and platinum ring from Oscar Heyman (Image courtesy of Oscar Heyman)
New York—GemGuide has updated its pricing charts to reflect the increase in prices for Mozambique ruby.
“For at least the past decade, Mozambique has been the main source for gem-quality and near-gem-quality ruby entering the global market, not Burma. Burma is the iconic locality that sets the value benchmark for gem ruby. Mozambican ruby is the product that the market can get,” said Research Director Stuart Robertson in an email to National Jeweler.
“The current appetite for ruby, especially unenhanced material, has been very good, and is largely sold via a tender system. As a result, prices in the Mozambican category have also skyrocketed.”
The company has also made changes to its Burmese ruby charts.
Due to scarcity of material in the unenhanced Burma ruby category, price is secondary to availability, GemGuide said.
Sourcing fine material is now “very difficult,” the company added, making prices offered in accordance with its traditional 1-to-10 quality range “no longer practical.”
“We have been watching this [scarcity] develop for several years. The lack of availability has now gotten to the point that I felt it was necessary to alter our approach to pricing Burma,” said Robertson.
Beginning with its forthcoming July/August 2026 issue, the Corundum-Ruby (attributed to Burma, unenhanced) chart will provide pricing for four grades.
They are 3 (Middle Commercial), 5 (Lower Good), 8 (Upper Fine), and 10 (Upper Extra Fine).
To price other grades, GemGuide users should interpolate from the listed categories, it said.
The changes to ruby pricing are live now in the app and will be reflected in the July/August 2026 issue.
GemGuide also noted that changes to sapphire prices will be released along with the launch of the issue.
Access to pricing tables is for subscribers only.
GemGuide welcomes feedback on these new updates as market research continues.
Thoughts and suggestions on pricing can be directed to Robertson at srobertson@gemguide.com or Editor-in-Chief Brecken Branstrator at bbranstrator@gemguide.com.
Related stories will be right here …
“For at least the past decade, Mozambique has been the main source for gem-quality and near-gem-quality ruby entering the global market, not Burma. Burma is the iconic locality that sets the value benchmark for gem ruby. Mozambican ruby is the product that the market can get,” said Research Director Stuart Robertson in an email to National Jeweler.
“The current appetite for ruby, especially unenhanced material, has been very good, and is largely sold via a tender system. As a result, prices in the Mozambican category have also skyrocketed.”
The company has also made changes to its Burmese ruby charts.
Due to scarcity of material in the unenhanced Burma ruby category, price is secondary to availability, GemGuide said.
Sourcing fine material is now “very difficult,” the company added, making prices offered in accordance with its traditional 1-to-10 quality range “no longer practical.”
“We have been watching this [scarcity] develop for several years. The lack of availability has now gotten to the point that I felt it was necessary to alter our approach to pricing Burma,” said Robertson.
Beginning with its forthcoming July/August 2026 issue, the Corundum-Ruby (attributed to Burma, unenhanced) chart will provide pricing for four grades.
They are 3 (Middle Commercial), 5 (Lower Good), 8 (Upper Fine), and 10 (Upper Extra Fine).
To price other grades, GemGuide users should interpolate from the listed categories, it said.
The changes to ruby pricing are live now in the app and will be reflected in the July/August 2026 issue.
GemGuide also noted that changes to sapphire prices will be released along with the launch of the issue.
Access to pricing tables is for subscribers only.
GemGuide welcomes feedback on these new updates as market research continues.
Thoughts and suggestions on pricing can be directed to Robertson at srobertson@gemguide.com or Editor-in-Chief Brecken Branstrator at bbranstrator@gemguide.com.
Editors' Picks
Sponsored by
More on Sourcing
The Latest
Policies & IssuesJul 24, 2026
New Trump Tariffs: What They Mean for Jewelry The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.
TrendsJul 24, 2026
Amanda’s Style File: Ode to ‘The Odyssey’From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.
TrendsJul 24, 2026
Courtney Leidy’s Silk Cord Pendants Center Unexpected Pairings Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
PodcastsJul 23, 2026
Episode 7: Reinhold Jewelers on the Power of RelationshipsMildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.
Weekly QuizJul 23, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
CollectionsJul 23, 2026
Silvia Furmanovich’s New Collection Travels Back to the 1920s“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.
IndependentsJul 23, 2026
Sissy's Log Cabin Opens Casino StoreThe jeweler’s newest store is inside Arkansas’ Saracen Casino Resort.
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce SolutionsDCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.
WatchesJul 23, 2026
Movado Inks Licensing Deal With Kate Spade New YorkThe watch company will design, manufacture, and distribute Kate Spade New York watches.
Policies & IssuesJul 22, 2026
Trump to Put 50% Tariff on Canadian Goods The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.
CollectionsJul 22, 2026
Monica Rich Kosann’s High Jewelry Is FruitfulThe “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.
IndependentsJul 22, 2026
Liljenquist Beckstead Opens Rolex New BoutiqueIt’s located in Tysons Galleria, an upscale shopping center in the Washington, D.C., metro area.
Events & AwardsJul 22, 2026
NY Now Returns in August Under New OwnershipThe show, recently acquired by Rockview Management Group, will be held at New York City’s Javits Center from Aug. 2-4.
ColumnistsJul 21, 2026
Sherry Smith: Shattering the Illusion of the ‘Either/Or’ Diamond MarketSmith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.
Events & AwardsJul 21, 2026
Apollo Funds Completes Emerald AcquisitionFormer Emerald President and CEO Hervé Sedky has transitioned to the role of senior advisor.
CollectionsJul 21, 2026
Graff’s New Butterfly High Jewelry Brooches MetamorphosizeThe 12-piece capsule collection transforms from brooches to pendants.
Policies & IssuesJul 20, 2026
Tariffs on Brazil to Increase But Rough Gemstones ExemptThe new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.
CollectionsJul 20, 2026
Vhernier Transforms ‘Freccia’ Collection Into High JewelryThe collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.
MajorsJul 20, 2026
Krista Collins Walters Promoted to Publisher of InstoreShe will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.
Events & AwardsJul 20, 2026
TJS Accepting Speaker Proposals for 2027 EventOrganizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.
CollectionsJul 17, 2026
HOWL Taps Shailene Woodley for ‘Home Sweet Home’ CampaignWoodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.
SourcingJul 17, 2026
U.K. Woman Pays £5 for £15K Diamond Ring at Car Boot SaleA WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.
SourcingJul 17, 2026
Diamond Dealer Jeff Pancis Pens MemoirThe founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.
Events & AwardsJul 17, 2026
Gem Awards Opens 2027 Nomination PeriodSubmissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.
EditorsJul 16, 2026
Q&A: Guzema’s Co-Owners On Its US Expansion, 10-Year AnniversaryValeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.
SourcingJul 16, 2026
Ekati to Close, Leaving Canada With One Diamond Mine The diamond mine, which opened nearly 30 years ago in Canada’s Northwest Territories, is expected to shut down by mid-August.
FinancialsJul 16, 2026
Richemont’s Jewelry Sales Soar for the Seventh Quarter in a RowJewelry sales for the company, which owns Cartier, Van Cleef & Arpels, Vhernier, and Buccellati, rose 21 percent in the first quarter.
