Published at Tuesday, 20 August 2019. Wedding Ring. By Leal Laberge.
Another important statistic is that even in this economy the groom hasn’t downsized the ring. In fact, only 14 percent of grooms admitted that they purchased an inferior ring due to the negative economic climate – about one-quarter of grooms said they spent more than they originally budgeted for. It is true that white gold is still as popular as ever, but a significant number of couples are studying alternative metals. For instance, in 2011, more than one-quarter (27 percent) of grooms opted for tungsten and 16 percent decided to buy a titanium ring.
In many areas of Africa, revolutionary groups have taken over some of the diamond mines using proceeds to finance their illegal operations. These diamonds are referred to as conflict diamonds or blood diamonds. The United Nations instituted a system of controlling diamonds that were taken from these groups by insisting that all of the legal diamonds must be accompanied by a certificate of sale as they moved through the system but the system has not worked well. Today, these blood diamonds total less than 2% of the overall market share.
Colour: the ideal diamond is perfectly transparent. As a natural stone, virtually every diamond has minor structural or chemical imperfections which in turn alter its value. This is almost impossible to see by the naked eye but the colour clarity will be graded and allows for a range of affordability. Clarity: an inclusion is identified as a structural imperfection such as clouding, minuscule cracks or foreign material within the diamond. The variance in number, size, visibility and colour of these will impact the stones’ clarity.
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