The Knot, 2015 Study shows the rising demand for diamond rings
The Knot’s Jewelry & Engagement 2015 survey evince the growing demand for the diamond engagement bands, as the spending has risen up to $ 5,978.The survey found that even till today diamonds rules the wedding world of jewelry. According to Men to find a perfect hoop for their romantic soul they need about nine months to research and buy.
As per the latest Jewelry & Engagement survey conducted by the “the Knot”, they found that the expenditure on the engagement rings is on the lift. According to the study, the average spending on the engagement ring has reached the highest of $5,978 this year than in 2013 ($5,403) and 2011 ($5,095). The knot in the survey found that diamonds are still the most desirable and cherished stone, as couples yearn for diamond rings as their wedding band. In a study, it comes out that couples on an average 63% receive a diamond flanked by two side stones as their engagement ring and 21% receive a diamond solitaire. Further, the well-liked diamond cut is round, thus, 49% couples receive this shape ring as their engagement band followed by the (22%) princess. Furthermore, 22% people receive with halo setting and 6% with cushion cut. In the study, it is too disclosed that 74% of women receives their engagement ring, diamond weighing 0.5 to 2 carats and 45% with a diamond weighing one carat or more. Men say on an average they need around 4.8 months to research and approximately 3.6 months to find a perfect engagement ring as well as visit at least five retailers and look around 25 rings before buying “the one”.