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Engagement Ring Diamonds Are Getting Larger: The Knot

Lab-grown diamonds are cited as one reason for the increase.




Couples are increasingly choosing larger diamonds for the engagement rings, according to research from The Knot, a popular site for wedding planning and resources.

A third of engagement rings in 2023 totaled over 2 carats, including side stones and accents. That was up 10% from pre-pandemic levels of 2019.

“The rise of lab-grown diamonds contributes to this increase as they’re typically less expensive than natural stones,” according to the site.

Diamond continued the most popular engagement ring stone, at 85%. Among those who went with a non-diamond stone, nearly 30% went with moissanite. That represented a 10% increase in popularity for moissanite since 2019. The stone was particularly popular among Gen Z couples.

As in previous years, round diamonds dominated in terms of shape, at 34%. However, oval (23%) and pear/teardrop (8%) have been on the rise in recent years.

The Knot Real Weddings Study included responses from 9,318 U.S. couples married between Jan. 1 and Dec. 31, 2023. Respondents were recruited by email invitation from The Knot and/or WeddingWire membership.Engagement Ring Diamonds Are Getting Larger: The Knot




This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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