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The diamond industry has been booming for decades, and there are many reasons why. Here are five things that will continue to drive demand for diamonds.
Engagement Rings
More than $1 billion worth of diamond rings were sold in the United States alone. This number is expected to rise even higher as consumers continue to embrace the idea of getting engaged.
Bridal Sets
While diamond engagement rings remain popular, bridal sets are also seeing an uptick in popularity. These sets typically consist of two pieces of jewellery a wedding band and a matching necklace. They’re often worn together with a veil or tiara, making them perfect for any type of wedding.
Solitaire Rings
Solitaire rings are one of the most popular styles of diamond engagement rings today. This style consists of just one large stone set into a simple setting. It’s a timeless design that will never go out of style.
Pave Set
Pave set engagement rings were the most popular type of diamond engagement ring. They consist of two rows of small round diamonds set into a larger square shaped center stone. These designs are very elegant and sophisticated.
Modern Wedding Bands
Another popular trend in diamond jewellery is the use of stacked diamonds. This style has been growing in popularity since 2013 when it was featured in the movie “Fifty Shades of Grey.” Stacked diamonds are made up of multiple smaller diamonds set together.