RUBY: Ruby simply means red; however the ruby is not a simple gem. The ruby is one of the most precious gemstones that are found on this world. When thinking about purchasing ruby jewelry, one should have a basic understanding of the factors that determines the price of the ruby. Knowing which factors are important to you and having the basic fundamentals of understanding them will enable you to find and purchase ruby jewelry that fits you best and offers you what you are looking for. Find out what you need to know about rubies if you own ruby jewelry or are planning to purchase a piece. While it is true that the word ruby simply means red in the Latin language, the ruby is not a simple gem. It is a precious stone that has given way to some of the most beautiful jewelry in the world. Ruby jewelry has been revered since the times of ancient civilizations. In fact, the ruby is the gem stone that is most often named in the English versions of the Bible. Ruby jewelry was traded along the famous North Silk Road into China as early as 100 BC. In the countries of Asia, the ruby is found extensively on ancient armor, swords and even beneath century old buildings; the ruby was thought to bring very good luck to those who kept it close.