It was narrated from 'Abdullah bin Ja’far that the Prophet ﷺ used to wear a ring on his right hand.
The wearing of a ring was not only done by the Prophet but was also practiced by many other people during this time period as well. It was seen as a sign of wealth or status, but more importantly it served as an outward symbol of faithfulness towards Allah's teachings. By wearing this ring, one could show their commitment to following His commands and living according to His will. This practice can still be seen today among many Muslims who wear rings with religious symbols or inscriptions on them as reminders of their faithfulness towards Allah's teachings.