Barack Obama to Gift £20,000 Gold Ring to his Wife

Jewelry shopping has already seen a hit this year due to the recession, but nevertheless, “Diamonds are a girl’s best friend” still holds true. Even Barack Obama will agree with it, and that pretty much explains his choice of gift for his wife, Michelle. The US President-elect has selected a rare £20,000 gold ring made by Italian designer Giovanni Bosco for his wife to say “thanks for your support.” The Harmony ring is made of rhodium and encrusted with diamonds. A spokesman at Giovanni Bosco said: “Our American distributor has contacted us and has asked us to provide details on the Harmony ring. It is our top of the range piece and made from rhodium and encrusted with diamonds. Our agent in the United States was asked by Mr. Barack Obama about the ring because he wants it as a thank you gift for his wife Michelle for her support the last two years.”

Via: DailyMail/Luxist