Joe Jonas and Ashley Greene havebeen hot and heavy since July and it is no secret that Joe is head overheels for his newest lady.  Rumors have even begun circulating that thecouple moved in together and Joe will be proposing soon.

These rumors were strengthened yesterday when Joe was spotted buying jewelry at David Yurman jewelers in Beverly Hills!

Joe Jonas' Jewelry Shopping Sparks Engagement Rumors

Related Article: Ashley Greene Gives Joe Jonas Keys to Her Home

Joe went to the store with a friend and spent a while looking at the jewelery before making a purchase.  Smiling like crazy, Joe showed his friend what he bought while walking out of the store.

Previous reports revealed that Joe is planning on proposing to Ashley this holiday season and his latest purchase has added to these speculations.

Joe Jonas' Jewelry Shopping Sparks Engagement Rumors

Related Article: Joe Jonas: Custom Candy Machine!

Ashley and Joe have been together non-stop, despite their busy schedules.  Last weekend they were spotted out together in New York City and over Thanksgiving the couple spent time with the Jonas family.

Do you think Joe is proposing to Ashley?!

Photos Courtesy of: Fame Pictures