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Miley Cyrus has been flashing some serious bling on the finger normally reserved for engagement and wedding jewelry.

Our first sneak peek came on Thursday when she tweeted an image to oh-so-cleverly showcase her manicure with the tag, “I am sooo obsessed with @jennahipp nail foundations!” She uttered not a word about the rock on her finger.

The singer and her Hunger Games boyfriend Liam Hemsworth have been hitting red carpet events with regularity this month. At several of them Cyrus has been photographed sporting baubles on her middle finger with no sign of THE ring.

Saturday night she was wearing the sparkler that she first showed off on Twitter when the couple attended Muhammad Ali’s Celebrity Fight Night XVVIII in Phoenix.

Cyrus performed during the evening with a costume change from a lacy black gown to a coral silk chiffon dazzler, with the ring on her finger while wearing both dresses.

Miley, 19, and Liam, 22, have been involved in an on-again off-again romance since working together in the movie The Last Song in 2009.

Check out more photos below, including the ‘manicure’ Twitpik:


Photos: WENN, Twitter-MileyCyrus