With the wedding ring increasingly becoming a status symbol, the credo of the celebs today seems to be: “the more expensive the better.” And the jewellers are more than happy, because when a celebrity, who sets the fashion trend, buys from them it practically amounts to endorsing the jeweller’s design, which enhances their own status in turn.Coloured diamonds are rare and as a result a wedding ring studded with one tends to be more expensive than the ones with colourless diamonds. Pink and blue diamonds are the rarest and therefore the wedding rings which have them are also the costliest, running from $30,000 per carat up to $200,000 per carat.Using platinum instead of gold in the wedding ring increases its price even more, for it is not only the sturdiest metal, but also holds its lustre much longer than gold. A lady is likely to wear her wedding ring for decades, and that’s why platinum is becoming popular.
Factors That Make Wedding Rings Expensive
The material used: The metal that is used is a major factor contributing to the cost of the ring. The amount of platinum, gold, titanium, silver, etc. used make the ring more, or less, expensive.
The design: The more intricate the design work of the wedding ring, the more expensive it is going to be. People will pay more for the intricacy and exclusivity of the design.
Precious stones: The gemstones, birthstones, diamonds used in wedding rings contribute much to its price.