A 10.33-carat Burmese ruby sold for an impressive $5.5 million after a six-minute bidding war among two bidders on the phone and one in the New York saleroom at Sotheby’s Magnificent Jewels auction.

The just completed Sotheby’s Magnificent Jewels sale in New York is the first auction to sell two items for more than $30 million. The first is the “Estrela de Fura,” a 55.22-carat Mozambique ruby ...

Both the diamonds were discovered in mines inm Africa. A 55.2-carat diamond was recently sold for nearly $35 million at an auction in New York, according to a report in CNN. The ruby has become both ...

A 55.22-carat ruby has become both the largest and most valuable gem of its kind ever to sell at auction, netting $34.8 million on Thursday. The stone went under the hammer in New York in June, less ...

The current record for a ruby sold at auction was achieved by the Sunrise Ruby. This 25.59-carat Burmese stone hammered down for $30.3 million at Sotheby’s Geneva in May 2015. This price also ...

The largest, and most expensive ruby to ever be auctioned off will be hitting the blocks at Sotheby’s. It’s called the Estrela de Fura, or Star of Fura in Portuguese, and it’s a 55.22-carat ruby.

The top lot is the Red Dragon, a 6.43-carat Burmese ruby and diamond ring estimated at $1 million to $1.5 million. The exceptional purplish-red color is natural (many rubies are heat-treated). It is ...

Shares in mining company expected to climb as is it announces the ruby will be sold at auction in Singapore next month Gemfields said on Tuesday it had unearthed an "exceptional" 40-carat ruby at its ...

Fura’s Dev Shetty wants to bring back rubies and emeralds to equal footing with diamonds Fura Gems will showcase the mined 101-carat ruby at the DMCC's Diamond Exchange for next few weeks. Supplied ...

One of the world’s biggest rough rubies has landed in Dubai to mark the launch of the new Callisto Collection by SJ Gold and Diamond, the Swiss firm said in a statement on Tuesday. The rough Ruby, ...

The Queen of Cannes did not disappoint. Former Miss World, Aishwarya Rai Bachchan made a grand return to the red carpet at the 78th Cannes Film Festival on May 21, radiating Indian royalty in an ...