Sunrise Ruby News Today

The $34.8 million auction price for a gem discovered in the East African country has the jewelry industry buzzing.

The largest ruby ever discovered has become the most expensive gem of its kind after selling at auction last week. The 55.22-carat gem sold for US$34.8mln...

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(CNN) — 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<a class="excerpt-read-more" href="https://whdh.com/news/largest-ruby-ever-to-come-to-auction-sells-for-record-breaking-34-8-million/">Read More</a>

“From the in-depth analysis and study of the stone — through the process of cutting and polishing — we have worked with the utmost care and respect for the ruby, recognizing its importance and stature."

The largest ruby ever to be sold at an auction went for a record-setting $34.8million, less than a year after it was mined in Mozambique.

Fura's 55.2c ruby sets new record in New York auction sale to Middle East buyer

The largest and most expensive ruby of its kind, a 55.22-carat specimen, sold at auction for $34.8 million on Thursday. | Pulse Ghana

Auction house Sotheby's reported sale of The Eternal Pink diamond and The Estrela de FURA ruby for $34.8 million

The ruby has become both the largest and most valuable gem of its kind ever to be sold at the auction.