It depends. If you have the money, R4000 might be a good price for an engagement ring. However, if you don’t have that amount of money, R4000 is still a lot! While this might be a lot of money to you, remember that your fiancée will wear it every day for the rest of her life!   You will not find any gold rings in that price range. A good option might be to consider a alternative metal type like silver. Designer jewellers will not be able to help you with a specific design, but department chain stores like American Swiss will have a large variety on offer.