Is Yellow Gold Good for Engagement Rings?

Quick answer: Yes. Natural pink diamonds exist and are among the rarest and most valuable gemstones in the world. They get their colour from a physical distortion of the diamond crystal structure, not from trace elements. The Argyle mine in Western Australia was the world's dominant source, supplying over 90 percent of global supply before closing in 2020. With Argyle now closed, natural pink diamonds are rarer than ever and prices continue to rise. Pink diamonds occupy a unique position in the gem world. Most people who ask whether they are real are surprised to learn not only that they exist, but that they are among the most scientifically interesting and commercially extraordinary stones in existence. Understanding what makes them real, what makes them rare, and what your options are in New Zealand as a buyer is the purpose of this guide. Yes, Natural Pink Diamonds Are Real Natural pink diamonds are not dyed, treated with colour, or in any way altered. They are genuine diamonds whose pink colour is inherent to their crystal structure. The Gemological Institute of America (GIA), the world's most authoritative gemological laboratory, grades natural pink diamonds in the same way as all other fancy colour diamonds: as Faint Pink, Very Light Pink, Light Pink, Fancy Light Pink, Fancy Pink, Fancy Intense Pink, Fancy Deep Pink, or Fancy Vivid Pink, with Fancy Vivid Pink representing the most saturated and the most valuable. A GIA-certified natural Fancy Vivid Pink diamond is an authenticated natural gemstone with no parallel in the laboratory-grown market in terms of provenance and rarity. These stones have sold at Christie's and Sotheby's auctions for prices exceeding NZD $2 million per carat. What Causes Pink Diamonds to Be Pink? The colour origin of pink diamonds is one of the most studied questions in gemology, and the answer is still not completely settled at the quantum level. The consensus is that the pink colour results from plastic deformation of the diamond crystal, caused by immense lateral pressure as the diamond was transported from deep within the Earth to the surface through kimberlite pipes. This deformation creates microscopic distortions in the crystal lattice that absorb green light from the visible spectrum. The remaining transmitted light registers as pink to the human eye. This is a fundamentally different mechanism from: Yellow diamonds: colour caused by nitrogen impurities trapped in the crystal. Blue diamonds: colour caused by boron impurities (the famous Hope Diamond is blue for this reason). Green diamonds: colour caused by natural radiation exposure near the surface. Red diamonds: the same mechanism as pink diamonds, but at a more extreme degree of lattice distortion. Pink and red diamonds are the only major fancy colour diamond categories where the colour comes from a physical change to the crystal itself rather than a chemical impurity. This is one reason they are so rare: the specific combination of pressure, temperature, and geological timing required to produce this effect is extraordinarily uncommon. The Argyle Mine: The Source That Defined Pink Diamonds The Argyle diamond mine in the East Kimberley region of Western Australia was operated by Rio Tinto from 1983 until its closure in November 2020. During those 37 years, Argyle supplied an estimated 90 percent or more of the world's natural pink diamonds, along with the majority of global champagne and cognac diamond supply. Argyle pink diamonds were distinctive not only in their volume but in their character: typically small in carat weight (most were under 0.50 carats), with intense purplish-pink to vivid pink colours that made them visually striking despite their size. Rio Tinto sold the finest Argyle pinks through an annual invitation-only tender process attended by the world's leading diamond dealers and collectors. Since Argyle's closure, no other mine has emerged to fill the supply gap. Other sources including South Africa, Russia, Brazil, and Canada produce occasional pink diamonds, but in quantities far below what Argyle once supplied. The practical result for the market is that natural pink diamond prices have risen substantially since 2020 and are expected to continue rising as existing supply is absorbed by collectors and institutions. Natural vs Lab-Created Pink Diamonds: What New Zealand Buyers Need to Know The closure of Argyle and the rise of lab-grown diamond technology have together created two very different markets for pink diamonds in New Zealand. Feature Natural pink diamond Lab-created pink diamond Origin Earth, billions of years Laboratory, weeks to months Hardness 10 (Mohs) 10 (Mohs) Colour grade GIA Fancy scale GIA or IGI Fancy scale Price (0.50 ct, Fancy Pink) NZD $40,000 to $150,000+ NZD $1,500 to $4,000 Rarity Extremely rare Commercially available Investment value Strong, especially post-Argyle Not applicable Best for Collectors, investors, heirlooms Engagement rings, daily wear For most New Zealand buyers who want a pink diamond ring for wearing, whether as an engagement ring, a dress ring, or a special gift, a lab-created pink diamond offers the same beauty, the same hardness, and the same grading standard at a price that is accessible rather than extraordinary. Pink Diamond Rings at TJ Diamond Auckland TJ Diamond designs and manufactures pink diamond rings in Auckland, working with both natural and lab-created pink diamonds. For lab-created pink diamond rings, we offer a range of colour intensities from Fancy Light Pink through Fancy Vivid Pink, in a variety of shapes including oval, round, cushion, and pear. Settings range from classic solitaires to halo designs and custom configurations. Oval settings are among the most popular for pink diamond centre stones. Browse our oval diamond rings collection for oval setting styles that translate directly to pink diamond rings. For a halo setting around a pink diamond, see our halo diamond rings collection as a design reference. Round brilliant is also a classic choice for pink diamonds. See our round diamond rings collection for round setting options. For natural Argyle pink diamonds or certified natural pink diamonds from other origins, TJ Diamond can source and set stones on a bespoke basis. These commissions are handled directly by our Auckland team and require a personal consultation. Pink diamonds make a profoundly personal choice for an engagement ring, an anniversary ring, or a significant self-purchase. If you want something that is genuinely distinctive and carries a colour story that no other gemstone can match, a pink diamond ring is in a category of its own. For comparison with other coloured gemstone ring options, see our article on how much is a ruby ring worth, which covers the ruby as the other leading coloured gemstone for fine rings. To discuss a pink diamond ring, arrange a consultation, or request a quote for a natural or lab-created pink diamond, contact our Auckland team. Related: Oval diamond rings NZ  |  Halo diamond rings NZ  |  How much is a ruby ring worth?  

Quick answer: A ruby ring in New Zealand is worth anywhere from NZD $800 for a lab-created ruby in a simple 18ct gold setting, to NZD $20,000 or more for a fine natural ruby ring with certificate. The value depends primarily on the colour, size, origin, and treatment status of the ruby, and secondarily on the metal and craftsmanship of the setting. Lab-created rubies offer excellent colour at a fraction of natural ruby prices. Rubies are among the most prized coloured gemstones in the world, and their value varies more dramatically than almost any other stone. A beautiful ruby ring can be purchased for under NZD $2,000 or it can command over NZD $100,000 at auction. Understanding what drives that range helps you make an informed decision when buying a ruby ring in Auckland or anywhere in New Zealand. What Determines a Ruby Ring's Value? Colour: The Most Important Factor Colour accounts for the largest share of a ruby's value, far more so than in diamonds, where cut tends to dominate. The most prized ruby colour is a deep, saturated red sometimes described in the gem trade as "pigeon blood red," a vivid crimson with no significant orange or pink secondary hue. Rubies with this intensity and purity of colour command premiums that can be many times the price of a ruby of the same size with a duller, pinker, or more brownish red. In practical terms for NZ buyers, a ruby with strong, vivid red colour and good saturation is significantly more valuable than a similar-sized ruby with a paler pink-red or an orange-red tone. When comparing ruby rings, always look at the colour in natural daylight as well as artificial light, since some rubies shift noticeably between light sources. Carat Weight and the Price-Per-Carat Multiplier Ruby prices per carat increase steeply with size because large rubies are substantially rarer than small ones. A ruby of 2 carats in top colour is not twice the price of a 1 carat ruby of the same colour, it may be four to eight times the price per carat. This exponential pricing makes carat weight one of the most significant factors in a ruby ring's total value once you are above 1 carat. For rings, rubies between 0.50 and 1.50 carats are the most commonly purchased size range in New Zealand, balancing good visual presence with more accessible pricing. Origin and Certification Where a ruby was mined matters commercially. Burmese rubies (from Myanmar, specifically the Mogok valley) and certain Mozambican rubies from the Montepuez deposit carry origin premiums in the international market. A GIA or Gübelin certificate confirming Burmese origin adds measurable value to a ruby in New Zealand as it would globally, because Burmese rubies are historically associated with the finest colour. Origin can only be confirmed by a recognised gemological laboratory. A seller claiming Burmese origin without a laboratory certificate should be treated with caution. Heat Treatment and Fracture Filling The vast majority of rubies on the market, estimated at over 95 percent of all commercial rubies, have been heat-treated to improve their colour and clarity. Heat treatment is widely accepted in the gem trade and does not dramatically reduce a ruby's value compared to an untreated stone of the same appearance, but untreated rubies do carry a premium over treated ones. Fracture filling, where a glass or resin is used to fill surface-reaching inclusions to improve clarity, is a more significant treatment that substantially reduces value. Lead-glass-filled rubies are sold widely in fashion jewellery markets but are worth a fraction of the price of comparable untreated or heat-treated natural rubies. A reputable gemological certificate from GIA will disclose all treatments. When buying a ruby ring in New Zealand, always ask whether the ruby has been treated, and for significant purchases, request a laboratory certificate that discloses the treatment status. An untreated certificate ruby is worth substantially more than a treated one of equivalent appearance. Ruby Ring Price Guide for New Zealand Ruby type Typical size range Price guide (NZD) Lab-created ruby, 18ct gold 0.50 to 3.00 ct $800 to $2,500 Natural ruby, commercial grade 0.25 to 0.75 ct $1,500 to $4,000 Natural ruby, fine colour 0.50 to 1.50 ct $4,000 to $12,000 Natural ruby, certified origin 1.00 to 2.00 ct $10,000 to $30,000 Burmese/Mozambique, cert. untreated 2.00 ct+ $30,000 to $100,000+ Note: prices are indicative ranges for a finished ring including an 18ct gold setting from TJ Diamond. Ruby prices fluctuate with the international market. All prices are in New Zealand dollars including GST. Natural Ruby vs Lab-Created Ruby: Which Should You Buy? Lab-created rubies are chemically and optically identical to natural rubies. They display the same colour, hardness (9 on the Mohs scale), and brilliance. The difference is provenance and rarity. A lab-created ruby allows you to have a large, vivid red stone in a fine 18ct gold setting at a price that would be impossible for a natural ruby of equivalent visual quality. For buyers who prioritise appearance, wearability, and value, a lab-created ruby ring is an excellent choice. For buyers who value rarity, natural origin, and the long-term store of value associated with fine natural gemstones, a natural ruby with certification is the appropriate direction. Ruby as an Engagement Ring: Is It a Good Choice? Ruby is the second hardest gemstone after diamond, scoring 9 on the Mohs scale. This makes ruby durable enough for daily wear as an engagement ring with appropriate care. Ruby engagement rings have grown in popularity in New Zealand as couples seek distinctive alternatives to the conventional diamond solitaire. The symbolism of ruby, associated with passion, vitality, and love across many cultures, translates particularly well to engagement ring use. A ruby solitaire or ruby halo ring in 18ct rose gold or yellow gold makes a striking engagement ring with a personality of its own. For those considering a halo setting for a ruby centre stone, see our halo diamond rings collection for design inspiration that translates directly to ruby halo rings. For a three stone ruby ring option with diamond side stones, browse our three stone diamond rings collection as a design reference. Ruby rings also make excellent alternative gemstone promise rings. See our guide on what is a promise ring for more on using gemstone rings for this purpose. Ruby Rings at TJ Diamond Auckland TJ Diamond designs and manufactures ruby rings in Auckland, including ruby engagement rings, ruby dress rings, and custom ruby jewellery in 18ct gold and platinum. We source both natural and lab-created rubies and provide full disclosure of treatment status. For natural ruby rings, we can arrange gemological certification where required. Because TJ Diamond manufactures directly in Auckland, we eliminate the wholesale and retail markup layers common in commercial jewellery stores, which means a higher-quality ruby and setting for the same budget compared to most Auckland high street alternatives. Browse our oval diamond rings collection for oval setting styles that work equally well with oval ruby centre stones. To discuss a ruby ring, arrange a consultation, or request a quote for a custom ruby ring design, contact our Auckland team. Related: What is a promise ring?  |  Halo diamond rings NZ  |  Three stone diamond rings NZ Frequently Asked Questions Q1: How much is a ruby ring worth in New Zealand? A ruby ring's value in New Zealand depends on the size, colour, clarity, and origin of the ruby, the type of metal setting, and whether the ruby is natural or lab-created. As a broad guide: a lab-created ruby ring in 18ct gold starts from around NZD $800 to $1,500. A natural ruby ring in 18ct gold with a small ruby (under 0.50 carat) typically ranges from NZD $1,500 to $4,000. A natural ruby ring with a 1 carat or larger ruby in a high-quality colour and clarity can range from NZD $5,000 to $20,000 or more. Fine Burmese or Mozambican rubies with certificate from a recognised gemological laboratory (GIA, Gübelin) at 2 carats or above can reach NZD $50,000 and beyond. The colour, specifically the depth and saturation of the red, is the single biggest driver of value. Q2: What makes a ruby ring more or less valuable? Ruby value is determined by colour, clarity, carat weight, cut, and origin. Colour is the most important factor: the most valuable rubies are a deep, vivid red sometimes described as "pigeon blood red," with no orange or pink secondary hue. Clarity matters but rubies are a Type II gemstone, meaning visible inclusions are accepted in the trade as long as they do not significantly affect transparency or beauty. Carat weight multiplies value steeply: a 2 carat ruby is worth far more than twice the price of a 1 carat ruby of the same colour and clarity, because large rubies are rare. Origin can also add significant value: Burmese rubies and certain Mozambican rubies carry a premium, and a recognised origin certificate from GIA or Gübelin adds to the price. Heat treatment reduces value compared to untreated rubies, and fracture-filling reduces value significantly. A lead-glass-filled ruby is worth a fraction of the price of a comparable untreated stone. Q3: How much does a 1 carat ruby ring cost in NZ? A 1 carat natural ruby ring in New Zealand typically costs between NZD $3,500 and $12,000, depending on the ruby's colour grade, clarity, origin, heat treatment status, and the metal and design of the setting. A 1 carat ruby in a bright vivid red (sometimes called "pigeon blood") with good clarity, from a reputable origin, and set in 18ct gold, represents a significant gemstone purchase. At the lower end of that range, the ruby may show some visible inclusions or a slightly less saturated colour. At the upper end, the colour is strong, the clarity acceptable for the type, and the stone may come with a gemological certificate. A 1 carat lab-created ruby in a comparable setting will cost considerably less, typically NZD $1,200 to $2,500. Q4: Are rubies more expensive than diamonds? At the top end of the market, fine rubies are substantially more expensive per carat than fine diamonds. A top-quality natural ruby of 2 to 3 carats with Burmese origin certification and no heat treatment can command prices far exceeding an equivalent weight in diamond. However, in the more common quality ranges available in New Zealand jewellery stores, commercial-grade rubies are typically less expensive than equivalent-grade diamonds of the same carat weight. The comparison depends heavily on quality. Lab-created rubies are affordable at all sizes and are significantly less expensive than comparable natural rubies or natural diamonds. The key difference is that the top of the ruby market is extremely rarefied, and high-quality large natural rubies are rarer than high-quality large diamonds. Q5: What is the difference between a natural ruby and a lab-created ruby ring? A natural ruby is formed in the earth over millions of years and mined from deposits in Myanmar, Mozambique, Thailand, Madagascar, and other locations. A lab-created ruby is chemically, physically, and optically identical to a natural ruby but grown in a controlled laboratory environment in weeks rather than millions of years. The key differences are price, rarity, and provenance. A lab-created ruby can be purchased at a fraction of the cost of a natural ruby of the same size, colour, and clarity, making large, vivid rubies accessible at prices far below what a natural stone of equivalent appearance would cost. A natural ruby carries rarity value and provenance that a lab-created ruby does not. For everyday wear, gifting, and fashion jewellery, lab-created rubies offer excellent value. For investment, heirloom, or collector purposes, natural rubies retain a value that lab stones do not. Q6: Is a ruby ring a good choice for an engagement ring? Yes, ruby engagement rings are a beautiful and increasingly popular alternative to diamond engagement rings in New Zealand. Rubies score 9 on the Mohs hardness scale, making them the second hardest gemstone after diamond (which scores 10). This hardness makes rubies durable enough for everyday wear as an engagement ring, though they require the same care as any fine gemstone ring. The vivid red of a ruby is associated with love, passion, and vitality across many cultures, which makes the symbolism well-suited to an engagement ring. Ruby engagement rings also tend to be more distinctive than diamond solitaires, which appeals to buyers who want something personally meaningful rather than conventional. TJ Diamond designs ruby engagement rings in a range of styles, from classic solitaires to halo settings, in 18ct rose gold, yellow gold, white gold, and platinum. Q7: How can I tell if a ruby ring is real or fake? The most reliable way to confirm a ruby is genuine is to have it assessed by a qualified gemologist or tested by a gemological laboratory such as GIA. At home, there are some indicators but no definitive tests. A real ruby will not scratch glass easily (rubies are harder than glass), and a genuine ruby in a quality setting will typically feel cool to the touch before warming from body heat. Synthetic rubies (lab-created) are chemically real rubies, just grown in a laboratory rather than mined, so "fake" usually refers to glass or synthetic spinel sold as ruby. Doublets (a thin layer of ruby cemented to a base of glass or another material) can look convincing under casual inspection. Very low prices, very uniform colour with no inclusions, and settings of unknown base metal are all indicators to investigate further. A gemological certificate from GIA, AGL, or Gübelin provides authoritative confirmation of a ruby's identity, origin, and treatment status. Q8: Does TJ Diamond sell ruby rings in Auckland? Yes. TJ Diamond designs and manufactures ruby rings in Auckland, including ruby engagement rings, ruby dress rings, and ruby rings set in 18ct yellow gold, rose gold, white gold, and platinum. TJ Diamond sources rubies in both natural and lab-created options and can design custom ruby rings to specification, including choosing the ruby shape (oval, cushion, round, pear, emerald cut), setting style (solitaire, halo, three stone), and band design. As a direct manufacturer rather than a retail store, TJ Diamond offers custom ruby rings at prices that reflect manufacturing cost rather than retail markup. Consultations are available at the Auckland studio and can be arranged through the TJ Diamond website.  

At TJ Gold & Diamond, a lab-grown diamond engagement ring starts from NZD 1,719 for a 0.5 carat stone and NZD 2,234 for 1 carat. These are wholesale prices, direct from the manufacturer, with no retail markup. Only the size of the centre stone changes the price: halo, pavé and three-stone settings, and every metal including platinum, cost the same. Lab-grown diamonds have changed what Kiwi couples can afford. The same budget that once bought a modest natural diamond can now buy a bigger, brighter, certified stone that is chemically and visually identical. As an Auckland jewellery manufacturer, we design, cast and set our rings in-house in East Tamaki. This guide breaks down what you can expect to pay in 2026, what drives the price, and how to get the most ring for your money. Lab-Grown Engagement Ring Prices in NZ by Carat (2026) Prices below are for a complete ring: a lab-grown centre stone (brilliant cut, D–F colour, VVS–VS clarity) in an 18kt gold solitaire setting. Stones of 1 carat and above include a certificate. Centre stone Wholesale price from (NZD, complete 18kt ring) Good fit for 0.5 carat $1,719 NZD Petite, minimalist styles 1 carat $2,234 NZD The most popular choice 1.5 carat $2,922 NZD Noticeable presence without going big 2 carat $3,954 NZD Statement rings 2.5 carat $5,158 NZD A bold step up from 2 carat 3 carat $6,362 NZD Maximum impact for the budget 3.5 carat $7,394 NZD Show-stopping size 4 carat $8,598 NZD The ultimate centre stone Halo, pavé and three-stone settings are the same price as a solitaire, with no extra cost. Every metal is the same price too: 18kt yellow, white or rose gold, or platinum. What Affects the Price of a Lab-Grown Engagement Ring? The price comes down to the diamond's quality grades, the setting style, the metal, and certification. Carat weight. Price rises faster than size. A 2 carat stone usually costs well over twice a 1 carat stone of the same quality, because larger rough crystals are harder to grow. Cut. Cut decides sparkle. An excellent or ideal cut is worth paying for, since a poorly cut diamond looks dull at any size. Colour and clarity. D–F is the colourless range, the top of the diamond colour scale. In natural diamonds these grades carry a steep premium, but lab-grown makes them affordable, which is why every TJ Gold & Diamond centre stone is D–F colour. Clarity is VVS–VS on every stone too, so inclusions are invisible to the naked eye. Setting style. A simple solitaire uses the least metal and labour. At most jewellers, halo, pavé and three-stone designs cost more because they add small diamonds and hours of hand-setting. At TJ Gold & Diamond, these settings cost the same as a solitaire. Metal. Most jewellers charge more for 18kt gold and much more for platinum, the heaviest and rarest option. At TJ Gold & Diamond, 18kt yellow, white and rose gold and platinum are all the same price, so you choose on looks and wear alone. White gold is rhodium plated for its bright finish and needs re-plating every few years; platinum stays naturally white. Certification. Always ask for an IGI or GIA report. It confirms the stone is lab-grown and verifies its grades, so you know exactly what you are paying for. At TJ Gold & Diamond, every centre stone of 1 carat and above comes with a certificate included. For stones under 1 carat, we can arrange one on request for about NZD 140. Why Buying Direct From a Manufacturer Costs Less Most engagement rings pass through several hands before they reach a shop window: a stone supplier, a casting house, a setter, a wholesaler and finally a retailer. Each one adds a margin. At TJ Gold & Diamond, we handle every step ourselves in our East Tamaki workshop: Design — we draw and 3D-model your ring in-house Casting — we cast the metal ourselves, so you are not paying a third-party foundry Setting and finishing — our jewellers set every stone and polish every ring by hand Stones — we source certified lab-grown diamonds directly, with no wholesale markup The result is essentially wholesale pricing. You pay what the ring costs to make, without a retailer's markup on top, and you can still customise every detail. How to Get the Most Ring for Your Budget Prioritise cut over colour and clarity. With colourless D–F stones as standard, cut is what separates a good diamond from a dazzling one. Shop just under the round numbers. A 0.95 carat stone looks the same as a 1.00 carat but costs noticeably less. Consider an elongated shape. Oval, pear and marquise diamonds look larger per carat than round brilliants. Choose your metal on looks, not price. Every metal is the same price at TJ Gold & Diamond, so platinum is worth considering for its weight and natural white colour. Pick a setting that flatters the stone. A thin band or hidden halo makes the centre diamond appear bigger. Go custom with a manufacturer. You pay for the materials and craftsmanship, not a retail chain's overheads. Frequently Asked Questions How much is a 1 carat lab-grown diamond ring in NZ? At TJ Gold & Diamond, a complete 1 carat lab-grown engagement ring in 18kt gold starts from NZD 2,234, a wholesale price direct from the manufacturer. Halo, pavé and three-stone settings are included at no extra cost. Are lab-grown diamonds real diamonds? Yes. Lab-grown diamonds are pure carbon with the same crystal structure, hardness and sparkle as mined diamonds. Only specialist equipment can tell them apart. Do lab-grown diamonds last forever? Yes. They score 10 on the Mohs hardness scale, the same as natural diamonds, and will not cloud, fade or lose their sparkle. Will people be able to tell my diamond is lab-grown? No. A lab-grown diamond is visually identical to a natural one. Many certified stones carry a tiny laser inscription on the girdle, visible only under magnification. Is a lab-grown diamond a good investment? Lab-grown diamonds have lower resale value than natural diamonds. They are best bought as a ring to wear and enjoy, giving you a larger, higher-quality stone for the same budget. How long does a custom engagement ring take? At TJ Gold & Diamond, timing depends on the design. We confirm your timeframe at the consultation, before you approve the final design. Can I see rings in person in Auckland? Yes. You can visit our East Tamaki showroom at 169 Harris Road, Unit B1. Design Your Lab-Grown Engagement Ring With TJ Gold & Diamond Whether you have a firm budget or just a feeling for what you want, our Auckland team can show you exactly what your money buys, with certified lab-grown diamonds at manufacturer-direct, essentially wholesale prices. Browse our lab-grown engagement rings Explore setting styles Start a custom design Book a free consultation