A platinum ring is perfect for many occasions, whether it be for engagement, wedding, or eternity rings. However, with such a large array of platinum rings on offer, it can be hard to narrow down your choice when it comes to shopping for the one that’s right for you. At Diamonds Factory, we want to make this a seamless activity. This guide is here to take out the overwhelming feelings that come with making decisions and help you choose the ring that provides lifelong meaning and wear.
How Much Should a Platinum Ring Cost?
The cost of a
platinum ring can vary greatly depending on the specifications of the ring itself. A simple style platinum ring can range between $800 to $2000, but if you’re looking for a ring with gemstones or diamonds, it can vary between $2000 to $5000. From there you enter the bespoke or designer rings category, which are upwards of $5000 and can even reach $20000.
At Diamonds Factory, whatever your platinum ring needs or requests, we will have many options and price ranges to fit your budget. Although the average cost ranges between $4000 and $5000 when taking some key insights into account, whether you’re looking for your everyday ring or a diamond engagement ring, Diamonds Factory will ensure you have the platinum ring of your dreams for the right price.
Factors That Affect a Platinum Ring’s Cost
1. Metal purity and weight:
Platinum is a white metal and doesn't need to be mixed with large amounts of other metals. In most cases, it’s available in 95% purity – almost pure form. This also makes it perfect for those who might be allergic to some materials, as the purity level makes it a hypoallergenic metal.
2. Design intricacy
As with most things, the price of your platinum ring will depend on its design and make. Intricate and detailed craftsmanship will increase the cost, while custom makes will also be more expensive than the mass designs.
3. Gemstones
Another factor that will affect your cost is the addition of gemstones or diamonds in your ring composition. This will also depend on the size, type and quality of the stone or diamond used. If you’re looking to include a diamond, our website provides all the help you will need via our diamond clarity guide.
4. Craftsmanship and skill of retailer
With experience, comes higher prices. So, the more complex the ring you’re after, the higher the price will be for our experienced jewellers to create your vision.
Platinum Rings for Every Price Point
No matter your price point, we are here to offer you an extensive range of
platinum ring options as a one stop shop for trustworthy and long lasting accessories. As one of Australia’s leading jewellers, Diamonds Factory offers customers an array of products and services ranging from rings, pendants or bracelets for both men and women as well as bespoke at a range of price points. This can also depend on diamond choice and type, for example clarity. (learn more from our
diamond clarity guide)
Affordable Platinum Rings ($100 to $2000)
Premium Platinum Rings ($2000 to $5000)
Luxury Platinum Rings ($5000 and above)
Your price, our best quality
A
platinum ring is perfect for all occasions. Whether you’re purchasing for engagements or a wedding, or simply for everyday wear, Diamonds Factory offers a wide selection to suit any budget. With prices ranging based on craftsmanship, design and materials, this comprehensive guide simplifies the decision making process, helping you choose a ring that embodies lifelong meaning and quality.
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A platinum ring is perfect for many occasions, whether it be for engagement, wedding, or eternity rings. However, with such a large array of platinum rings on offer, it can be hard to narrow down your choice when it comes to shopping for the one that’s right for you. At Diamonds Factory, we want to make this a seamless activity. This guide is here to take out the overwhelming feelings that come with making decisions and help you choose the ring that provides lifelong meaning and wear.
Prong Setting Plain Engagement Ring
$541
Round Diamond Engagement Ring
$818
Prong Setting Plain Engagement Ring
$523
4 Prong Setting Side Stone Engagement Ring
$810
Prong Setting Engagement Ring
$680
Prong Setting Diamond Hidden Halo Rings
$1,462
Prong Setting Solitaire Diamond Engagement Ring
$1,581
How Much Should a Platinum Ring Cost?
At Diamonds Factory, whatever your platinum ring needs or requests, we will have many options and price ranges to fit your budget. Although the average cost ranges between $4000 and $5000 when taking some key insights into account, whether you’re looking for your everyday ring or a diamond engagement ring, Diamonds Factory will ensure you have the platinum ring of your dreams for the right price.
Factors That Affect a Platinum Ring’s Cost
2. Design intricacy As with most things, the price of your platinum ring will depend on its design and make. Intricate and detailed craftsmanship will increase the cost, while custom makes will also be more expensive than the mass designs.
3. Gemstones Another factor that will affect your cost is the addition of gemstones or diamonds in your ring composition. This will also depend on the size, type and quality of the stone or diamond used. If you’re looking to include a diamond, our website provides all the help you will need via our diamond clarity guide.
4. Craftsmanship and skill of retailer With experience, comes higher prices. So, the more complex the ring you’re after, the higher the price will be for our experienced jewellers to create your vision.
Platinum Rings for Every Price Point
Affordable Platinum Rings ($100 to $2000)
Premium Platinum Rings ($2000 to $5000)
Luxury Platinum Rings ($5000 and above)
Your price, our best quality