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Ruby is one variety of the corundum mineral species, which also includes sapphire. Ruby is highly regarded and can command high per-carat prices. It is arguably one of the most important gems in the colored stone market.
In its purest form, the mineral corundum is colorless. Trace elements that become part of the mineral’s crystal structure cause variations in its color. Chromium is the trace element that causes ruby’s red, which ranges from an orangy red to a purplish red.
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