Taylor Swift has announced her engagement to her partner Travis Kelce, sharing a series of pictures, including one of the ring, on Instagram.

The post was accompanied by the caption: Your English teacher and your gym teacher are getting married. However, not every English teacher can afford a diamond ring costing six or even seven figures.

Industry experts estimate the ring could cost anywhere from £500,000 to £4 million, with its vintage-inspired style appearing to match the aesthetic of Swift's upcoming album The Life of a Showgirl.

This trend towards opulent engagement rings aligns with the growing preference amongst celebrities for larger stones and vintage styles, setting a high bar for engagement rings in popular culture.

Stars like Dua Lipa and Zendaya are embracing unique designs, demonstrating a shift away from traditional settings towards more personalized and extravagant choices. Zendaya's horizontally set diamond and Dua Lipa's round diamond on a chunky gold band exemplify this trend, suggesting that functionality and style are equally important in today's engagement rings.

Cristiano Ronaldo's partner, Georgina Rodríguez, made headlines with her engagement ring from the football star, further fueling a market trend where bridal jewellery suppliers are creating alternatives inspired by these celebrity styles.

As consumer preferences evolve, many are turning toward lab-grown diamonds for ethical and financial reasons, while others seek to repurpose vintage pieces, adding personal narratives to their choices.

Swift's engagement ring is not only a symbol of love but a reflection of current trends in the diamond engagement ring market, encouraging a conversation about personal style, ethics, and sustainability in the jewellery industry.