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What does it mean that the ring of Liuxi Jewelry is engraved with ALY?
It's the merchant logo Pd950.

Generally, a ring will be marked with three indicators: trademark, commodity material and diamond size. ALY: merchant logo Pd950: The precious metal used in the ring is palladium. Pd comes from palladium, the abbreviation of Palladium in English, D 0.047 ct: D stands for diamond, which comes from the initials of diamond, 0.047 is the weight of diamond, and ct is the abbreviation of diamond weight-carat.