Is it back on? Miley Cyrus and Liam Hemsworth are back together - and it looks like they're engaged!

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The singer has started wearing the ring her former fiancé Liam gave her in 2012. She was spotted arriving at JFK airport in New York sporting the whopper and even shared this snap of the rock on Instagram last week. Although Miley captioned the selfie 'I look like a strawberry', our attention was firmly fixed on that sparkler.

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The pair, who  split back in 2013 following a 16-month engagement, seem to have reconciled. After spending the New Year together in Australia an insider speaking to E! News revealed, 'Liam never stopped loving Miley. Liam and Miley's timing was just off the first time they were engaged, many things played into them calling it off. They both needed to grow up and figure themselves out more.'

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A photo posted by Miley Cyrus (@mileycyrus) on

The source added, 'Liam's family has always liked Miley but they supported Liam's decision at the time. They did feel that both of them were too young.'

But now, it seems, the timing is just right; 'They are in love and it's a different time now for them.'

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Back to that ring… It's not the usual celeb engagement bling. Reportedly designed by the couple, the 3.5 carat Neil Lane diamond is set - rather unusually - in gold rather than platinum. A source told E! News, 'Miley specifically wanted it set in gold. She didn't want platinum. She liked the gold because it was different and unique, like her. She didn't want anything classic or generic.'

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We can't imagine anything about Miley's wedding would be classic or generic. Fingers crossed she keeps us posted on Instagram!

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