Cocktail rings are a type of fashion ring that is generally worn to formal events or parties. They are often quite large and display a large gemstone in a prominent setting. cocktail rings typically feature a single gemstone, often a diamond, although other gemstones can be used as well. cocktail rings can be made from a variety of materials, including gold, silver, and platinum. Fashion rings are another type of ring that can be worn to formal events or parties. Fashion rings typically feature a band of metal with a single gemstone inlaid in the center. Cocktail rings and fashion rings are both types of statement rings. Statement rings are designed to make a bold fashion statement and are usually quite large and eye-catching. When choosing a ring for a formal event or party, it is important to select one that is appropriate for the occasion.