Realistically, nobody cares. It only matters as a state of mentality here on MR.
Nobody in real life cares, or is going to ask what it's made of. I've had gold jewelry, played, pure, and even some that were really cheap.
I've got some $5 necklaces that are more impressive looking than ones which were real gold.
Nobody asks. Nobody cares. It's all just what you want. If you think it is a status thing, guess what... Only you will care.
I've never had anyone ask or care whether it's real gold, pure gold, plated, or completely fake junk jewelry. It's of no matter to anyone other than the owner.
Now, if you want people to care about jewelry, put a dodge ornament on a Chevy. Now, that they'll ask about on their own. And the responses are funny. Especially when they find out you only wanted to plug a hole.