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Impact on society

Jewellery has been used to denote status. In ancient Rome, for instance, only certain ranks could wear rings;^[7] later, sumptuary laws dictated who could wear what type of jewellery; again based on rank. Cultural dictates have also played a significant role; for example, the wearing of earrings by Western men was considered "effeminate" in the 19th and early 20th centuries.

Conversely, the jewellery industry in the early 20th century launched a campaign to popularize wedding rings for men — which caught on — as well as engagement rings for men - which did not, going so far as to create a false history and claim that the practice had Medieval roots. By the mid 1940s, 85% of weddings in the U.S. featured a double-ring ceremony, up from 15% in the 1920s.^[8] Religion has also played a role: Islam, for instance, considers the wearing of gold by men as a social taboo,^[9] and many religions have edicts against excessive display.^[10]

Source from : http://en.wikipedia.org/wiki