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Diamonds are popular year round, whether it symbolizes commitment or it’s given as a special gift. We see trends, styles, and prices change every year and are expecting the same for 2016. With wedding season on its way, many people will be looking for the perfect diamond without knowing much about what’s going on in the market. We’re here to help.  We have listed predictions for 2016 for the new diamond trends. Check them out to make sure you have all the information you need before purchasing something as valuable.

1. Lower Prices 

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While shopping around, there is no doubt that the price of diamonds has shocked you a little bit, but we have seen a significant decrease in 2015. China, which is the second-biggest market for the precious stones is dealing with an economic slowdown that has dropped diamond prices and caused the low demand. Some of the world’s largest diamond producers and distributors are cutting diamond prices by as much as 9 percent. Be ready to witness a lot more jewelry and diamond commercials!

2. Fancier Cuts 

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The most traditional cut for a diamond is round brilliant. However, recently the demand for different cuts and shapes is on the rise. We see many celebrity couples rock their exquisite shapes and styles, one of them being the oval or pear shape. These different shapes still have a long way to go to catch up to the traditional and most popular shape, but by the looks of it, this year will be a good year for fancier cuts.

3. Less is More

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Fancier cuts don’t mean the actual rings have to be over the top. Many couples are settling for simple diamonds or even just a wedding band rather than pricey and over the top diamond rings. This makes it an easier everyday ring and could be saving you loads of cash.  This elegant and simple solitaire ring shown above is the perfect ring for that special someone in your life.

4. Colored Diamonds

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Colored stones are on the rise to popularity.  One of the most popular being the pink diamond. The rarity and higher price point of pink diamonds have kept them from being widely distributed and off the fingers of non-celebrities.  If it’s in your price range however, we say get the ring!