Engagement ring trends for the remainder of 2026 and beyond have been outlined by jeweller Diamonds Factory, with seven key styles identified as dominating the market.
Round Cuts Remain a Timeless Favourite
Round-cut engagement rings continue to be one of Australia’s most popular choices, thanks to their classic shape and exceptional sparkle. “Their versatility means they suit everything from simple solitaire settings to halos and more detailed designs, making them a timeless option that will never go out of style,” the Diamonds Factory team told 7You. A lab-grown round diamond engagement ring is priced at $2,048.
Bezel Settings Make a Modern Comeback
Bezel settings are enjoying a major resurgence, credited partly to celebrities like Dua Lipa and Taylor Swift. The minimalist style is now a modern choice that stands the test of time, with options such as the Full Bezel Setting Thin Engagement Ring at $4,244 and the Bezel Setting Emerald Trilogy Diamond Engagement Ring at $2,871.
Oval Cuts Continue Their Reign
Oval cuts have always been popular in Australia, offering a classic and timeless look. Diamonds Factory reports that buyers are prioritising finger coverage over carat weight, with elongated shapes creating the illusion of a larger diamond. The Oval Solitaire Engagement Ring is available for $1,996.
East-West Settings Offer a Fresh Take
East-west settings, where elongated diamonds are set horizontally, are gaining popularity among those seeking something modern yet timeless. The style gives classic diamond shapes a fresh twist without being unconventional. Zendaya has been seen wearing one. A 2-Prong Setting Plain Engagement Ring costs $1,582.
Personalisation Is More Important Than Ever
Rather than choosing a display ring, more couples are opting for designs that tell their story. Hidden halos, custom engravings and bespoke settings help create unique rings, and personalisation can be added to most rings.
Toi et Moi Rings Continue Their Romantic Revival
Toi et Moi rings, featuring two diamonds to symbolise two people coming together, remain a popular choice. Their sentimental meaning and ability to combine different diamond shapes make them attractive. Options include the Toi Et Moi Pear and Emerald Engagement Ring at $2,085 and the Toi Et Moi Pear and Round Diamond Engagement Ring at $2,724.
Yellow Gold Is Back in the Spotlight
Yellow gold has returned as one of the most popular metal choices for engagement rings. Its warm tone complements both classic and contemporary designs, pairing well with oval, emerald and bezel-set diamonds. The Emerald Diamond Engagement Ring is priced at $1,735.