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I have no clue on what prices are like now, but in theory, diamonds should have gotten cheaper since some international body has ruled that the diamond industry is no longer allowed to distinguish between synthetic diamond and "authentic" natural diamonds.
Being a brokea$$ / cheapa$$ at the time when I proposed to my wife, I did not get her a diamond ring, although I did get her a ring. Instead, after she accepted, I asked how important it was for her to have me get her a proper engagement ring (with a diamond on it). If she wanted one, we will buy one. Or, we could use the money on both the wedding and on home reno to get our apartment ready for us to move into. She took the 2nd option and she still loved the cheapa$$ ring that I bought her for the proposal.
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