What does the cryptic crossword clue "I'm going to pass on gold rings (5)" mean?

This cryptic clue uses wordplay to arrive at the answer. Visit the page for progressive hints — definition, wordplay type, and a full step-by-step explanation.

I'm going to pass on gold rings (5)

Times Cryptic #29295 | 21 Down | 2025-07-30 flower

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Telegraph #30171 (2022-12-15)