Like all jewellery, the price for an engagement ring varies considerably depending on the materials used: the design of the ring, whether it includes a gemstone, the value of any gemstone, and the seller. The price of the gemstones, if any, in the ring depends on the type and quality of the gem. Diamonds have a standardized description that values them according to their carat weight, color, clarity, and cut. Other gemstones, such as sapphires, rubies, and emeralds have different systems. The jewellery may be chosen to honor a family tradition, to use family heirlooms, to have an unusual style, to have socially responsible characteristics (e.g., a style that is not associated with blood diamond controversy or the pollution caused by gold mining and cyanide process), to fit the individual's stylistic preferences, or to manage cost. Synthetic diamonds and diamond substitutes such as cubic zirconias and moissanites are also popular choices that are socially responsible and reduce cost while maintaining the desired appearance.
Like all jewellery, the price for an engagement ring varies considerably depending on the materials used the design of the ring, whether it includes a gemstone, the value of any gemstone, and the seller. The price of the gemstones, if any, in the ring depends on the type and quality of the gem. Diamonds have a standardized description that values them according to their carat weight, color, clarity and cut. Other gemstones such as sapphires, rubies, and emeralds have different systems. The jewellery may be chosen to honor a family tradition, to use family heirlooms, to have an unusual style, to have socially responsible characteristics (e.g., a style that is not associated with blood diamond controversy or the pollution caused by gold mining and cyanide process), to fit the individual's stylistic preferences, or to manage cost. Synthetic diamonds and diamond substitutes such as cubic zirconias and moissanites are also popular choices that are socially responsible and reduce cost while maintaining the desired appearance.