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Ruby

Professional Ruby Analysis, News & Education

Learn more about the commodity Ruby in the latest articles and videos below.

Ruby is a precious red gemstone that has been highly valued for centuries. It is a variety of the mineral corundum, which also includes sapphires. The deep red color of ruby is caused by the presence of the element chromium. Rubies are typically found in metamorphic rocks, and the most valuable ones come from Myanmar (formerly known as Burma). Rubies have long been associated with wealth, power, and passion, and have been used in jewelry and other decorative items throughout history.

Beyond its use in jewelry, ruby also has industrial applications. Its hardness and high melting point make it useful in cutting and polishing tools, as well as in the production of lasers and other electronic devices. Ruby is also believed to have healing properties, with some cultures using it to treat ailments such as fever and digestive issues. Overall, ruby remains a highly sought-after commodity due to its beauty, rarity, and versatility.

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