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Some people either forget or do not understand the importance of diamond warranties and insurance policies.

Whether you're looking into custom engagement rings or other fine jewelry, it's important to have an educational understanding of how your jewelry is made.

If you're a jewelry hoarder, fashion enthusiast or simply admire the craftsmanship of an excellent diamond cut, then you should definitely familiarize yourself with the most famous diamonds around the world.

Since 2004, the demand for colored diamonds has increased significantly due to consumers' demand for the yellow gems and as a result of white diamond prices increasing by more than 30 percent, according to Nadya Masidlover of the Wall Street Journal.

Since 2002, the right-hand ring trend has continued to gain popularity among single and married women alike.

According to wedding etiquette, husbands and wives are supposed to give each other traditional gifts in relation to how many years they have been married.

If you're trying to decide between a generic or custom engagement ring to pop the question with, you may want to read up on the differences between the two.

Now that you know she is "the one," and you're ready to settle down, it may be time to start looking at engagement rings.

Want to know what the latest trends in the jewelry market are right now?