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The expert mentioned the advantages of investing in rubies

Expert Levitskaya-Erish: rubies are often more expensive than even diamonds
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Photo: TASS/EPA/RUNGROJ YONGRIT
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Ruby, traditionally considered one of the most sought-after gems in the jewelry market, is steadily strengthening its position as one of the most reliable investment assets. This precious stone has a number of unique advantages for long-term investment, Elena Levitskaya-Erish, director of SOKOLOV ATELIER, told Izvestia on August 21.

According to the expert, unlike volatile financial instruments, the value of natural rubies increases smoothly and without sudden jumps, demonstrating steady growth. This trend attracts not only traditional investors, but also the younger generation, who consider rare stones as a reliable way to save money.

"Collectors and investors focused on rare and high-quality stones are showing special interest. This trend is clearly expressed at global auctions," the expert said.

The investment attractiveness of rubies is reinforced by their exceptional rarity. The stone has long been one of the five most expensive in the world, and its deposits, especially in Burma (Myanmar), are practically exhausted. The limited influx of new high-quality stones to the market only enhances their value.

"In the market, professionals trust literally 5-6 gemological centers in the world, whose conclusions are considered reference. The certificate from them is a quality guarantee," the expert explained.

The specialist noted that only natural stones with minimal processing, preferably of Burmese origin, with certification from reputable gemological laboratories, have investment value. The most valuable rubies are considered to be Pigeon Blood, a rich blood-red shade without impurities.

In addition, rubies are often more expensive than even diamonds. This trend has been observed since the 19th century and continues today. The loud auction sales became a vivid confirmation.

Unlike diamonds, the ruby market is not affected by short-term fashion trends. The value of a stone is determined by its natural characteristics: depth of color, purity and skill of cutting. The rise in prices for this depleted resource is due to its rarity and consistently high demand from collectors and investors around the world, which makes it a reliable asset for the long term.

The information in the material is not an investment recommendation.

On April 19, independent financial expert Andrey Barkhota told Izvestia about where to invest in 2025. In particular, according to him, the profitability of bank deposits may exceed 20% per annum. For example, an investment of 1 million rubles will bring the investor more than 200 thousand rubles of net profit per year.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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