I don't believe there is any correlation between signal strength and cost.
Your Indra example is a bit of an apples to oranges comparison. The Indra uses the purportedly limited availability amorphous metal wire whereas the Hyperphono does not.
A few points where a phono cable may be different:
Some have a DIN-type connector on one end - the seperate signal cables are joined at the DIN. A DIN terminated single-ended (RCA) phono cable will have a single ground wire in addition to the signal leads. DIN/XLR terminated will not have a ground wire.
Your Indra example is a bit of an apples to oranges comparison. The Indra uses the purportedly limited availability amorphous metal wire whereas the Hyperphono does not.
A few points where a phono cable may be different:
Some have a DIN-type connector on one end - the seperate signal cables are joined at the DIN. A DIN terminated single-ended (RCA) phono cable will have a single ground wire in addition to the signal leads. DIN/XLR terminated will not have a ground wire.