Summary
Taylor Swift announced her engagement to Travis Kelce on Instagram, showcasing a large vintage-style engagement ring. The ring follows a celebrity trend toward large and unique engagement rings, with experts noting such rings can be very costly. This trend includes both natural and lab-grown diamonds, with an increased demand for lab-grown stones due to cost and ethical considerations.
Key Facts
- Taylor Swift got engaged to Travis Kelce and shared pictures of her engagement ring on Instagram.
- The ring is estimated to cost between £500,000 and £4 million.
- It features a vintage-style diamond, which is part of a current trend towards big stones in unique settings.
- These trends show that celebrities prefer standout, statement pieces for their engagement rings.
- Lab-grown diamonds are growing in popularity for rings, making up about 52% of the market.
- Some people choose lab-grown diamonds for ethical reasons, although they can be energy-intensive to produce.
- There is a market interest in finding more affordable alternatives to high-cost celebrity rings.
