Question:

Is it prohibited for the daughters of noble people to wear a nose ring? I heard that only immoral women place nose rings on their daughters.

Answer:

In principle, jewelry of the nose is permissible for women. However, it is necessary for noble women to refrain from emulating indecent ones.

And Allah knows best.
(Hazrat Shaheed Maulana Mufti) Yusuf Ludhyanvi (May Allah have mercy on him)
Aap ke Masaail aur unka Hall Vol.8 Pg.375