Jewellery and Rings

Men wearing silver rings

Q: Is the wearing of a ring all the time a sunnah since we wear it as jewellery (as adornment)? Did Rasulullah (sallallahu alayhi wasallam) wear it for the same reason or because he needed it to stamp his letters? If it is permissible as a sunnah to wear it all the time, please advise which finger and which hand should one wear the ring? Similarly, how many rings can a male and female wear?