Stunning Engagement Rings for Every Budget

There is no better way to celebrate your love than with a gorgeous diamond engagement ring. Diamond is a symbol of pure love and fidelity and embraces the strength of character, ethics and faithfulness. However, when it comes to buying the best engagement rings in Melbourne CBD, one question frequently pops the mind, how much money do I need to spend on a ring?

Picking out the perfect engagement ring is an important decision and quite an investment, but exactly how much you want to spend is a personal decision. You must have also heard that you need to spend at least a 3 months’ salary on an engagement ring, but according to me, there are no hard and fast rules you need to adhere to.

A few years ago I was also in the same dilemma but there is a wide variety of budget-friendly engagement rings available in the market.

Stunning Engagement Rings for Every Budget

So, here I am sharing with you some of the stunning rings which I loved the most.

  • Halo Setting

If your budget won’t allow for the larger stone you have your eye on, do not worry, there are various styles available in the market at reputable jewellery stores like the Australian Diamond Company  at your set budget. You can create an illusion of additional carats by choosing a halo setting ring. This is a circle of smaller stones around the centre stone. This type of ring setting makes the stone in the centre look larger and provides brilliance to the ring. You can either choose a single or double halo that sits closer to the centre diamond or can go for an expanded halo which is slightly set apart from the centre stone.

  • Coloured Gemstones

Coloured Gemstones Ring

If you are not set on a colourless stone as the centre stone, coloured gemstones are your best option. Gemstone engagement rings have been rising in popularity for the last few years and they look amazing. You can get a stunning engagement ring for a fraction of the price of a diamond. You can either choose ruby, sapphire or aquamarine. If you still want diamonds then you can go for a coloured gemstone halo settings, this way you will get both the gem and diamond together forming a stunning ring that will be loved by your significant other.

  • Yellow Diamond

Yellow Diamond Ring

If you want a beautiful engagement ring for fraction of a price than Yellow diamonds are your best bet. These diamonds are incredibly popular and are much rarer than their white counterparts and vary greatly in price as well. Lighter yellow diamonds can sell for less than half the price of top-quality colourless diamonds, while the vivid yellow diamonds will command small fortunes. A fancy coloured diamond is the best bang for your buck per carat and they look best when flanked with white diamonds around it.

  • Fancy Shaped Diamonds

Round cut diamonds have dominated the market due to their optimal brilliance, but fancy cuts have been on the rise in the last few years and the prices vary greatly as well. The round cut diamond command higher price than the fancy shapes due to their higher manufacturing costs and high demand. So, choosing a fancy shaped diamond can save you more than a round diamond of a similar size and quality. There are a wide variety of shapes to choose from such as princess, pear, emerald, oval, radiant, cushion, Asscher and marquise. The oval, pear and marquise shaped diamonds are elongated and appear larger than the round ones.

So, these are some of the rings you can look for when shopping for engagement rings in Melbourne. I hope that the above-mentioned tips help you get the stunning ring on your budget.