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Ring had always been in an important place for fashion as a jewellery, but beyond being an accessory, it is a symbol for many inward things.  I tried to focus more on the meanings and reasons. Symbol can have a lot of meanings in different manners.

Even as an accessory, ring can be symbolic and have meaning like people wear their names or icons of the things that they love as a jewellery. Ring can be worn to remember a promise ( types of rings ): to your wife/husband, to your lover, to your friend, to yourself (purity ring), to your profession (eg. doctors and engineers). It makes me remember the ribbon that you wrap on your finger to not to forget about something important.

The most important and the most common meaning that ring has is being a symbol of marriage and family.  There is a ceremony called "ring exchange" which couples put each others' ring while spoiling their vows in weddings. It shouldn't be forgotten that also the proposals are made with representing a diamond ring. ( some story about wedding rings )

It doesn't have to be a marriage for a ring to represent love. Couples also wear rings when they're engaged or when they promise to each other to be loyal and remember their togetherness always. It is also considered as showing everyone and the world that they're belong to someone.

One more meaning of ring is eternity. There is a saying that the "circle" of the ring means "infinity" and the space is a door to an unknown world which you will enter with the one you marry. Also the reason why wedding ring is worn on the left hands' 4th finger is related to the eternity. According to a belief, 4th finger of the left hand represents the soulmate who one will spend his/her lifetime and they can't be apart.

In conclusion, every ring is worn for a reason and has a special meaning on its own. We can say that the object is very personal. Even if two people wear the same ring, the memories that they remind are different and have another meaning for each person. Since a long time ring's place in human life has been the same, and it will remain its' place.