Rock of Ages!

Beyonce’s blinding with her newest bling – a stunning diamond 18 carat engagement ring from famed jewelry designer Lorraine Schwartz.

Beyonce's Diamond Engagement Ring

There are diamond engagement rings, and there are diamond engagement rings. New bride, Beyonce Knowles flashed one blinder of a rock on the Fashion Rocks red carpet this weekend, and jewelry lovers everywhere dropped to their knees.

Weighing in at a mere 18 (yes, you heard it) carats, the Lorraine Schwartz platinum and diamond ring is valued at $5 million and features a flawless, emerald cut stone. Jay-Z does pretty well for himself, we hear.

The music biz’s royal couple secretly married in April, and the stalkerazzi has been waiting for the diamond to debut ever since. Timing is everything.

The ring almost stole the show, but Beyonce wowed the audience with her “Ain’t Nothing Like the Real Thing” duet with one Justin Timberlake and appeared in full Etta James garb to pay homage to the chaunteuse, who was in the audience and who Beyonce portrays in her latest film, Cadillac Records.

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