Engagement Bombshell: Katy Perry Steps Out With Orlando Bloom Wearing MASSIVE Ring!

Are they or aren’t they, that is the question! Katy Perry stepped out with her rumored fiancé, Orlando Bloom, while wearing a HUGE diamond ring.

Katy rocked a massive canary yellow diamond, also trimmed with smaller white diamonds (like a halo), on her left ring finger, as she and Orlando enjoyed a date night in New York City.

While it was rumored just last week that the duo had called it quits, Katy’s gorgeous sparkler definitely put the break-up rumors to rest.

The couple walked hand-in-hand as Katy sported a huge smile and possible engagement glow as she posed with her hand strategically placed for the camera’s to take the perfect shot of her eye-grabbing ring.

While they have neither confirmed nor denied whether they’ve taken the next step in their relationship, the couple's recent outing comes just days after the couple spent Thanksgiving with Perry’s family. #PerfectTimingToGetEngaged

Do you think Katy and Orlando are engaged? Let us know your thoughts in the comment section!