At the Met Gala, Hudson walked the red carpet in a stunning two-piece ensemble by Michael Kors. However, we couldn’t take her eyes off her new engagement ring, which seemingly replaced the vintage one. “Kate was also spotted wearing a much larger ring at the Met Gala this week,” Jarrett said. “It appears to be a 10 to 12 carat champagne color diamond with a fine diamond set band.”
Jarrett went on to explain why this particular gem comes with a hefty price tag, adding, “These types of diamonds are notoriously difficult to value as they do not fit into a color ‘category’ as white diamonds do. Instead, they are ‘one off’ and—as such—can be extremely expensive.”
He continued, “Without a diamond certificate, it is harder to determine the exact value of this ring, but due to the weight of the stone and the fact that champagne diamonds are currently in high demand, we believe this ring would retail close to $1 million.” Just let that sink in.
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