In contemporary western traditions, engagement rings are typically more elaborately designed than wedding rings. Usually engagement rings are with set with diamonds while on the wedding day, a more subdued, wedding band is used. White gold is a popular metal for these rings. Yellow gold remains the traditional choice for dowry and gift giving in many Asian cultures, including the Chinese and Indians.
A ring featuring a sole diamond is called a solitaire diamond ring. This type of engagement ring is popular, and one of the most popular solitaire diamond ring settings is the 6-prong setting. According to Tiffany & Co. “The Tiffany Setting has been the world’s favorite engagement ring.”
A diamond’s size is measured by its carat – one carat is the equivalent of 0.2 gram or 200 miligram. A 2 carat diamond ring from Tiffany above costs US$32500.