Shariah has not only permitted women to adorn themselves, rather they are encouraged to do so to a certain degree. Islam has given this special permission only to women in order that they use the various means of adornment to be a means of pleasure and satisfaction for their husbands.
Women are permitted to wear gold, in the form of rings and otherwise, because of the general meaning of the aayah in which Allah says :
أَوَمَن يُنَشَّأُ فِي الْحِلْيَةِ وَهُوَ فِي الْخِصَامِ غَيْرُ مُبِينٍ
" (Like they then for Allah) a creature who is brought up in adornments (wearing silk and gold ornaments, i.e. women), and who in dispute cannot make herself clear?” Q43:18. In this verse, Allah mentions that wearing adornments is an attribute of women; this includes gold and other things.
It is narrated from Ali bn Abi Taalib (may Allah be pleased with him) that the prophet (peace be upon him) said that: These two [gold and silk] are forbidden for the males of my ummah.” Ibn Maajah added in one narration, “and permitted for the females.”
It was narrated by Ahmad and al-Nasaa’i, and al-Tirmidhi who classed it as saheeh, and by Abu Dawood, and al-Haakim who classed it as saheeh, and by al-Tabaraani, and classed as saheeh by Ibn Hazm, from Abu Musa al-Ash’ari (may Allaah be pleased with him), that the Prophet (peace and blessings of Allaah be upon him) said: “Gold and silk have been permitted for the females of my ummah, and forbidden for the males.”
This was the view of the scholars of the Salaf. More than one of them narrated that there was consensus (ijmaa’) that it is permissible for women to wear gold. We will mention the views of some of them in order to make the matter clearer.
Al-Nawawi said in al-Majmoo’ (vol. 6, p. 40): “The Muslims are agreed that it is permissible for women to wear various kinds of adornment, of silver, gold and silk, by consensus, because of the saheeh ahaadeeth.” He also said in the same page that the Muslims are agreed that it is permissible for women to wear various kinds of adornment, of both silver and gold, of all types, such as necklaces, rings, bracelets, bangles, and everything that is worn on the neck and elsewhere, and everything that is ordinarily worn. There is no dispute on this matter at all.
Al-Haafiz Ibn Hajar (may Allaah have mercy on him) said in his commentary on the hadeeth of al-Baraa’ – “The Prophet (peace and blessings of Allaah be upon him) forbade seven things, he forbade gold rings…” (vol. 10, p. 317): “The Prophet (peace and blessings of Allaah be upon him) forbade gold rings, or making rings of gold, to men only, not women. It has been reported that there is scholarly consensus concerning their being permissible for women.”
The fact that gold is permitted for women in general, whether it is formed into rings or not, is proven by the ahadeeth (traditions) and comments of the scholars mentioned above, and by the scholarly consensus.
With regard to the ahaadeeth, which appear to forbid women wearing gold, they are odd, and contradict those which are more saheeh and stronger. The imams of hadeeth have stated that what is said in the ahaadeeth with jayyid isnaads but goes against ahaadeeth, which are more saheeh, they cannot be reconciled, and the chronology is not known, such reports are to be regarded as odd and unreliable, and they are not to be followed.
In conclusion, there are many reports narrated by a group of the scholars that there was consensus that the ahaadeeth, which indicate that gold is forbidden for women were abrogated. This is the truth beyond no doubt. Hence, confusion may be dispelled and the ruling of sharee’ah becomes clear: there is no doubt that gold is permitted to the females of this ummah and is forbidden to the males.