Amr bin Dinar narrates that I heard a man asking Jabir bin Abdullah (may Allah be pleased with him), "Is there zakat on jewelry?" He replied, "No." The man said, "Even if (the jewelry) reaches one thousand dinars?" Jabir (may Allah be pleased with him) replied, "Even if it is more than that, still no."
Hadith Referenceمسند الإمام الشافعي / كتاب الزكاة / 723
Hadith Takhrijاسناده صحيح : اخرجه البيهقي : 4 / 138 ۔ وفى المعرفة السنن والآثار له (2354) ۔ وعبدالرزاق (7046) ۔ وابن ابی شیبة (10177) ۔ والدارقطني: (2/ 107)۔