What is a Ring?
A ring is a piece of jewellery worn on the finger, typically as an ornament or as a symbol of commitment or status. Rings come in various styles, materials, and designs, making them versatile accessories that can be worn for different occasions.
Types of Rings
- Engagement rings
- Wedding rings
- Promise rings
- Cocktail rings
- Statement rings
Symbolism of Rings
Rings have cultural and symbolic meanings attached to them. For example, wedding rings symbolize eternal love and commitment, while promise rings signify a pledge or vow between individuals.
Case Study: The Tiffany Setting
One of the most iconic engagement rings is the Tiffany setting, introduced by Tiffany & Co. in 1886. This ring features a six-prong setting that elevates the diamond, allowing it to capture the maximum amount of light for a brilliant sparkle.
Statistics on Ring Sales
According to a report by Statista, global retail sales of diamond jewelry reached $87.5 billion in 2020. Engagement rings account for a significant portion of these sales, reflecting the enduring popularity of rings as symbols of love and commitment.