Ash nazg durbatulûk, ash nazg gimbatul, ash nazg thrakatulûk, agh burzum-ishi krimpatul
"One Ring to rule them all, One Ring to find them, One Ring to bring them all, and in the darkness bind them!"
The gold ring is an important item, as it is required to create the ring portal and enter Middle-Earth the first time. To create the ring portal, the ring item must be burned, either in lava or in fire.
The gold ring currently has no other uses and as the ring portal can only be created once, you will only need one gold ring in a game. For the future the gold ring (along with the silver and mithril rings) will probably be used in the ring forging system.
Note: The Gold Ring is NOT intended to be the One Ring, as that and the other Rings of Power will be added at a later date.
Crafting
Crafting a gold ring
The gold ring is crafted with 8 gold nuggets in a ring.