It is narrated from Sayyidah Umm Salamah (may Allah be pleased with her) that she used to wear gold bracelets. She asked the Prophet (peace and blessings be upon him): Is this counted as hoarded treasure? He (peace and blessings be upon him) said: "When you pay its zakah, it is not hoarded treasure."
Hadith Referenceالمعجم الكبير للطبراني / مسند النساء / 19917