The moment of getting engaged is a dream in every woman’s mind. And for men it is a stressful phase where they struggle to find the perfect engagement ring for their ladies. Moreover, with Beyonce’s song “single ladies” hitting the women, most of them are waiting to raise their left hands for receiving the diamond engagement ring. Yes, the engagement ring says it all. Even though the diamond prices have increased tremendously, research indicates that men are ready to spend more on the rings. It should be noted that this trend is in spite of global recession.
According to a study conducted by Bride magazine in 2009, the average cost of an engagement ring has increased 43 percent from 2006 to $6,348 from $4,435. Michelle Preli, editor-in-chief of Brides.com says that clearly the sparkle and value of diamonds has captured the attention and wallets of couples who are keen on making a significant investment when it comes to engagement rings.
Moreover the local jewelers also think the same and said that the economy isn’t dampening couples’ desire for wedding bling. According to Jeremy Kennedy of Kennedy Jewelers on East Main Street, there are certain things in life you have to have; food, health care etc. And if you’re getting married you have to have diamond rings and wedding bands, Jeremy added. Jewelers from all around also believe that grooms are often willing to spend more than they originally planned to find that perfect ring.
