Engagement rings are a symbol of love and promise. Engagement rings are given to the bride-to-be on the day of their engagement so they can begin their married life together. Many people give gifts as part of an elaborate wedding celebration because it is believed that wishes for happiness for centuries come true when you give something to your loved ones. This tradition continues today in modern weddings as well.

Wedding traditions vary from place to place, even within countries. However, only one side is giving a ring with expectations that they will be married soon after giving it.

Engagement rings are also used as a unit of exchange for gifts such as cash or stocks. They can be considered an investment with a future value in them because they typically have sentimental value and can go up in value. 

The tradition of giving engagement rings has its roots back in ancient times when the man gave his betrothed an item made from gold, silver, or other commodities that represented wealth and prosperity. Rings were first given to girls instead during the Victorian era because they never needed to work, so it was seen as an extravagant display of love by giving them a ring rather than flowers or gifts.

Types of Engagement Rings

Engagement rings are an important part of the diamond market. Diamond engagement rings have a large variety of styles and designs that differ in today’s market. 

The ring is primarily associated with two concepts: love and marriage. The ring is a symbol of deep commitment that says, “I am yours forever.” They are also given to express the wearer’s desire to live together, share experiences, and build their life together.

Some claims that the amount of love can be seen by how expensive or what type of ring engagement ring is. That being said, it is essential to also know what common engagement rings are.

Typical Types of Engagement Rings:

  • One-carat diamond mounted on platinum.
  • Gold band with a centre sapphire stone.
  • Two-carat diamond mounted on platinum or gold band.
  • Four-carat diamond mounted on platinum.
  • Gold band with one side set in diamonds.
  • Gold band with two sides set in diamonds
  • Six carats centred mount on a yellow or white gold bank.

Notes to Remember When Looking for an Engagement Ring

Engagement rings are typically given by the parents of the person being proposed to. These rings symbolise the couple will be together for life in some aspect. If you are looking to buy an engagement ring, there are several factors you should consider. These include:

1) The relationship between your partner and your family

2) The size of the ring

3) The cost of the ring

4) How often do you plan on proposing

5) Your jewellery budget

What are Some Alternatives for Engagement Rings

Engagement rings are a popular gift, but they’re not the only option. Here are some alternative engagement rings to consider:

  1. A ring bearer’s birthstone. Many couples choose to have their ring bearer’s birthstone engraved on the inside of their engagement ring. This way, the couple can always keep a physical reminder of their connection with each other.
  2. A symbol or image that represents both you and your partner together. Perhaps you’d like to include a picture or drawing from your wedding day as part of your ring design? Or maybe you’d like to create a unique symbol representing your relationship together? The possibilities are endless!
  3. A heartfelt sentiment is handwritten on the inside of the ring.


Tradition holds that when two people are engaged, they should exchange rings as a symbol of their commitment. Engagement rings can range in price and style, but the common theme is that they serve as a tangible reminder of a relationship’s beginnings and intentions.

  • Regardless of the choice, you make as to the type and brand. An engagement ring is still a beautiful way to show your love for each other.
  • When having a tight budget, alternatives are always available. Engagement rings may be for later in the relationship.

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Who buys engagement rings?

In the UK, almost half of all marriages involve an engagement ring. Mostly, it is the husband who buys the engagement rings. Men are more likely than women to buy and propose an engagement ring as it has been a tradition.

Can you sell your engagement ring?

Engagement rings are a personal gift and something that should be cherished for years to come. However, with the prices of some of the world’s most famous diamonds reaching unprecedented heights, you can sell any engagement ring.

There are a few factors that will influence whether or not you can recoup the full purchase price of your ring. The quality and size of your diamond will play a significant role in how much money you may gain back. It is important to keep in mind that the resale value of an engagement ring will vary depending on the region in which it was sold. Sometimes, you may only receive around 50% of the original asking price. There are no beliefs against selling engagement rings but make sure your partner agrees.

How much is the average price of an engagement ring in the UK?

The average price of an engagement ring in the UK is £2,150. This figure has been steadily increasing over the years, with a five per cent rise reported in 2017. The average price of an engagement ring in the UK is significantly higher than in other European countries. In France, for example, the average price of an engagement ring is just £1,520.