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Question about the value of precious stones

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gypusm | 20:33 Sat 27th Aug 2011 | Quizzes & Puzzles
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Does anyone know which precious stones, carat for carat, have the highest value?

I'm guessing diamond, but the 'carat' for carat' bit is bothering me.

Thanks,
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I have googled this and my opinion based on this is Ruby

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