When When it comes to buying an engagement ring, you want to go with your heart. At the same time, you want to be somewhat practical and buy something your fiancée will love and cherish for decades to come.
Engagement rings go through trends just like anything else. That said, these trends last for much longer periods of time than standard products. This often has a lot to do with the economy and the prices for precious metals. 2010 is a year where the economy and the prices of precious metals play an even more significant role than usual. The economy is still in recovery mode from a deep recession and the prices of gold and silver are through the roof. These two factors have led to specific trends when it comes to engagement rings for 2010. Of course, a lot will have to do with what your personal financial situation is like, which will also be discussed below.
When it comes to engagement rings for 2010 the majority of the population will be looking for more romance and simplicity and less extravagance. There is also a trend toward more custom designs. People are beginning to buy engagement rings that show their relationship’s personality, significance, and uniqueness. The days of buying the same exact ring as everybody else are coming to an end – at least for the middle class. This is part of the growth process. As time marches on, so does progress. It’s interesting that people hadn’t thought of this earlier. Why wear something everyone else is wearing? How does this symbolize that your marriage is unique from others? Symbolization and uniqueness are both key words for engagement rings in 2010. This approach to buying engagement rings is taking the world by storm in recent months. The attitude is that if your love is unique, why shouldn’t the ring that symbolizes your love be unique as well?
In most years, gold and platinum are the most popular metals for engagement rings, but just in case you haven’t been paying attention, things have changed. Platinum has become an unrealistic goal for most people and gold is currently at over $1000/ounce. The trend is toward alternate metals. Titanium is the most popular option. The great thing about titanium is that it looks very similar to platinum yet it’s much cheaper. It’s always possible to upgrade in the future, but since most people are now basing their engagement ring choices on personality, it shouldn’t be of concern.
If you’re someone who has been fortunate enough to maintain their wealth through difficult economic times, then the trend for engagement rings in 2010 is a little bit different. The trend for this class is toward art deco vintage rings. Platinum is also booming in popularity in this economic class. Of course, platinum is by far the most durable metal, so this is expected. Another popular trend is to put engravings in the rings. And sparkling and square settings have become the ‘in’ things. This might have something to do with celebrities taking this route. Mariah Carey and Jessica Alba recently received engagement rings in these styles.
If you’re looking for an engagement ring that will increase in value, you should strongly consider pink diamonds. If you buy these diamonds in 2010, you’re sure to get excellent value down the road. What will be considered a marginal engagement ring now will be top-of-the-line in ten years. This is because the Argyle Diamond Mine, which produces over 90% of pink diamonds in the world, is set to run out in 2020. This means demand will skyrocket and your rare and beautiful pink diamond will be worth a lot more than what you bought it for.
There are a few other options to consider in 2010. If you’re looking for a gentle and pleasant engagement ring, consider rose and white gold. Another option increasing in popularity are diamond eternity rings. These rings will have more than one diamond set in the band. These rings are becoming more popular because standard rings are unaffordable for many.
This list is something to take into great consideration. However, as stated earlier, when it comes to choosing an engagement ring for the love of your life, always go with your heart.
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