Pedro Almodovar and Penelope Cruz attend the premiere of ''Broken Embraces'' at Alice Tully Hall, Lincoln Center on October 11, 2009 in New York City.
(October 10, 2009 - Source: Brad Barket/Getty Images North America) see more angles »
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Penelope Cruz Gemstone Ring

Penelope is wearing a big sapphire and diamond ring. Could this be an engagement ring???
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