Posts Tagged ‘stone’
Popular Styles and Metals Used For Engagement Rings
There are so many choices when it comes to proposal rings nowadays ranging from different precious metals to various styles and designs you can imagine. They come in a durable finish that is stylish and innovative as ever. They are now also created using different precious stones apart from the classic diamond stone setting.
Platinum is one of the most preferred metals for jewelry. Considered as a noble metal, it is one of the toughest and priciest materials for engagement rings. It is a rare kind of metal that is resistant to corrosion and tarnish. This is what makes it a luxurious bridal jewelry.
Gold is a traditional metal for rings but since it is malleable in its pure form, it is normally alloyed with other metals to keep its shape and become durable. The alloy also produces different colors of gold depending on the metal that is added to gold. White gold creates silvery white luster like platinum and a popular choice for a ring while yellow gold is beautiful and fashionable as well.
Yellow gold radiates a bright color and rather flashy but makes a glitzy ring for a classy fiancée. An engagement ring made from palladium is slowly making its presence as its white sleek finish complements a diamond or other precious gemstone settings. A part of the platinum family, palladium shares some of platinum’s qualities but it is more reasonably-priced.
A prominent engagement ring style in diamond setting is the classic solitaire. It can be designed with a single stone setting right in the middle of a thin or wide band. While the most common is round and princess cut, the choice of stone cut may be in any shape.
Diamonds Are Forever, No Matter What the Price
It has become a tradition to use diamonds for engagement rings. A diamond ring is now seen as a promise of a life together forever. Moreover, diamonds are seen as status symbols, something to be flaunted with panache at any social gathering. What is the reason behind this increasingly solidifying trend? Why are diamonds seen as stones of snob value? It is not as if diamond prices are much higher than the ever-rising gold prices. Nor do diamonds come in the category of limited natural resources.
It seems that the answer lies in the needs of the precious stones industry. Taglines such as “diamonds are forever” and “diamonds are woman’s best friend” have now become proverbs helping the diamond industry in turning diamond into a symbol of happiness, success, something to be achieved and desired. This has led to an increase in demand and emergence of new markets for diamonds. Whereas, America leads in the demand and sales of diamonds, India and China are emerging as new hubs with the consumer demand for the precious stones in these countries.
The only arena where the precious stones lag behind gold is in investment purposes. Gold, because of its re-sale value is seen as a better investment than diamonds. On the other hand, stones lack one of the most desirable attributes for investment objects, that of liquidity and fungibility. However, precious stones are in the present economic conditions being projected as equally feasible investment commodity and an investment alternative to gold. Precious stones will always have a continuous demand as they have become the symbol of a particular lifestyle. Furthermore, diamond prices have increased steadily through the years and as per market figures, they are expected to maintain this firm growth.