3mm .16ct Ceylon Sapphire, 18ct Gold Sydney-handmade ring. The last time this simple handmade 18ct Gold ring was put up on the site, set with this size, quality and cut of blue Ceylon Sapphire was mid 2021. The price then was around $900, a little less. Since then the cost of producing this little gem of a Sydney-handcrafted ring has increased by approx 20%.
The cost of the labour involved, of the gemstone setting and the cost of the final professional polish, have all increased in the last 24 months, but it is the far greater increase in the price of Gold over this period that accounts for most of the higher price.
Over 40% of the price of this little 18ct Gold and Sapphire ring is constituted in the over 2 grams of 18ct Gold used in its making.