Baby Is As Precious As A Rare Gemstone, So Why Not Give Them A Name That Reflects This? Rubye Is A Feminine Name Of Latin Origin That Means "red Stone," Making It An Excellent Option For Your Little Treasure. It Comes From The Latin Rubīnus And Is Spelled Today As Ruby, The Name Of A Beautiful And Valuable Deep-red Gemstone. In Popular Culture, Rubies Often Symbolize Love, Passion, And Power, Making Them Excellent Namesakes For Your Little One. With Connotations Of Rarity And Value, Young Rubye Is Bound To Live A Charmed Life.