Yellow sapphire, commonly known as Pukhraj, is one of the most sought-after colored gemstones. Its price can vary widely because every stone differs in color, clarity, origin, treatment, carat weight, and certification. If you are researching yellow sapphire gemstone price, it is important to look beyond the price tag and understand what actually determines value. Prices range from modest amounts per carat to several thousand dollars per carat for exceptional material. There is no single fixed rate for every Pukhraj stone.