Abu Moosa al-Ash'ari (may Allaah be pleased with him) reported that the Prophet (peace and blessings of Allaah be upon him) said: "Silk and gold have been permitted for the females of my ummah, and have been forbidden for the males." (Reported by Imaam Ahmad, 4/393; see also Saheeh al-Jaami', 207).
The market nowadays is filled with any number of items designed for men, such as watches, spectacles, buttons, pens, chains and so-called "medallions," made of gold of various standards, or completely gold-plated. One of the common sins occurs in competitions where among the prizes are men's gold watches.
Ibn 'Abbaas (may Allaah be pleased with him) reported that the Messenger of Allaah (peace and blessings of Allaah be upon him) saw a man wearing a gold ring; he took it and threw it aside, saying, "Would any of you take a burning ember from Hell and hold it in his hand?" After the Prophet (peace and blessings of Allaah be upon him) had gone away, someone suggested to the man: "Why don't you take your ring and benefit from it (sell it)?" He said, "No, by Allaah, I will never take it back when the Messenger of Allaah (peace and blessings of Allaah be upon him) has thrown it aside." (Reported by Muslim, 3/1655).
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Muharamat - Prohibitions That Are Taken Too Lightly. Islamic book
SpiritualMuharamat - Prohibitions that are taken too lightly English Translation Book by : Sheikh Muhammed Salih Al-Munajjid