Nicole Richie and Joel Madden Engagement Rumors

Nicole Richie and Joel Madden seem to be in a hurry to move their relationship to the next level, with rumors of an engagement surrounding the duo.

All of the speculation began when Richie and Madden visited Los Angeles jewelry store XIV Karats about a week ago.

Life and Style reports that “Nicole tried on several ruby necklaces before buying one for half-price at $3,350. The couple then looked at the engagement rings, which were also in the sale.”

An employee of the jewelry store told the weekly magazine , “Of course he would never get her a half-price ring. You can tell they’re crazy about each other. His arm was around her the entire time.”

After further reports emerged that the couple were moving in together in LA, a picture showing Richie sporting a diamond ring added further indication that the two are planning to do more than just live together. Richie was photographed by X17 with a diamond band on her ring finger while on a lunch date with pal Mischa Barton.

While the engagement is currently speculation, the two are moving in together… somewhere. Us Weekly reported that “the tattooed twosome were indeed house hunting together, looking for a pad to call their own.”

A source confirmed to the magazine, “Nicole hasn’t moved in with him yet...but they are looking at places.”

Nicole, the adopted daughter of singer Lionel Richie, began dating Joel late last year, shortly after he split from Hilary Duff.

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