Selena Gomez has totally blown her fans away, not only with her unexpected engagement announcement but also with the stunning price of her engagement ring. The 32-year-old singer and actress surprised her 422 million Instagram followers on Wednesday by revealing her engagement to boyfriend Benny Blanco after dating for a year and a half. With a sneak peek of her huge diamond ring, Selena's touching caption, "Forever begins now.." sent social media into a whirlwind, leaving everyone wondering about the ring's incredible cost.

Selena Gomez's engagement ring cost has been disclosed.

It turns out that the gorgeous ring could be valued at over $1 million, according to DailyMail. Laura Taylor, a jeweller specializing in engagement and wedding rings at Lorel Diamonds, shared with MialOnline, “Benny's choice for Selena's engagement ring is a stunning and timeless piece that really matches her style. It boasts a remarkable marquise-cut diamond at the center, estimated to weigh around 8 carats, all set on a yellow gold pavé band.”

She went on to explain, “The marquise cut, with its elongated and pointed shape, makes a bold statement, known for its brilliance and the way it elongates the finger, giving a striking and elegant appearance.” This cut has a royal history—originating in the 18th century, it was designed by King Louis XV of France. Legend has it that he wanted the design to reflect the smile of his beloved mistress, the Marquise de Pompadour. A sparkling symbol of love, both then and now.

Taylor also mentioned, “This setting enhances the overall brilliance while keeping a sophisticated vibe. The central diamond is likely of top-notch quality, with VVS1 clarity and a colorless grade in the D-F range. I would estimate the ring's worth to be around £800,000 ($1 million), depending on the exact specifications of the diamond.”

Gomez beams as she shows off her ring, with love in the air.

Gomez's engagement announcement was truly enchanting. In her post, she shared an adorable pic of herself beaming with her gorgeous ring, while her fiancé, 36-year-old music producer Benny Blanco, had his arm around her, planting a sweet kiss on her head.

The proposal happened during a cozy nighttime picnic that included Taco Bell, and it had fans and celebs buzzing with excitement. Big names like Cardi B, Jennifer Aniston, Gwyneth Paltrow, and Gomez's close friend Taylor Swift all sent their love and congratulations to the happy couple.

Swift even joked that she’d be the ‘flower girl’ at her best friend's wedding, while Blanco chimed in with, “Hey wait…that’s my wife.”

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