The Complete Guide to Engagement Rings

engagment ring

What Do Engagement Rings Represent?

Engagement rings represent a centuries-old symbol of love, devotion, and loyalty. In the olden days, the ring was a way for men to show how much they cared about their fiancées. In modern times, it’s not so different. It’s all about the style and price that you pay for an item that symbolizes your feelings. Here, we will establish what you need to know in order to choose the perfect engagement ring for your partner and what factors you should consider in the process.

Popular Types of Engagement Rings

There are many choices for engagement rings – different designs, shapes, and sizes. For some couples, this can make it difficult to decide on which ring they want to use for their special day. So let’s take a look at some popular types of engagement rings and why they are so popular!

For the last few decades, a diamond ring has been seen as “the” engagement ring. However, as society becomes more conscious of ethics regarding the sourcing of diamonds, this is being reflected in the types of stones people choose when buying engagement rings. This could mean locating ethically-sourced diamonds or opting for an alternative stone entirely. 

It is important to consider the person’s choice, budget, and style before deciding on a ring. The popularity of different types of engagement rings varies from region to region. For example, diamond rings are the most popular type in North America, while traditional gold bands are the favorite in Europe.

The Basic Elements of an Engagement Ring

What it boils down to is that there are four main elements to an engagement ring: the band, setting, stone, and purity. Your budget is partly going to determine your options, particularly in relation to the stone and purity. 

The most popular bands are made of white gold, yellow gold, and rose gold. As for the stone, some may desire one diamond, multiple diamonds, or no diamond at all. Popular non-diamond options include sapphires, rubies, opal, emeralds, cubic zirconia, and other gems. 

Shape and setting are also important to consider. The most popular cuts are round, princess, cushion, oval, emerald, pear, and marquise. You’ll find settings that comprise a single-center, cluster, and row of stones in various arrangements, suited to all tastes. 

How Much Do They Cost?

The age-old question of what you should spend on an engagement ring is never-ending. Some people think that the cost is irrelevant and the sentiment behind it will be lost no matter what. The most important factor in determining how much you should spend on an engagement ring is your own budget and the type of person you are.

According to a survey conducted in 2019, the average buyer spends approximately $5,900 on a ring for their partner, with 10% of participants having spent less than $1,000. Having a ring custom-made, resized, or imported will also likely increase the price. 

So, we recommend establishing what you can spend, as well as how much you want to spend before all else. 

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