Myanmar’s 11,000-Carat Ruby: A Giant Gem with Multimillion-Dollar Potential

A discovery in Mogok, Myanmar revealed an 11,000-carat (about 2.2 kg) ruby—the size of a car and among the country’s largest—lauded for its purplish-red color and high clarity. While no price was disclosed, officials say its superior color and overall quality could make it highly valuable, potentially surpassing the 21,450-carat ruby found nearby in 1996. Mogok rubies are among the world's most expensive, and the find comes as Myanmar remains under military-backed governance amid ongoing turmoil.