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If you mean medical benefits from wearing jewelry designed to incorporate magnets as an aid to circulation, pain relief, or mood... then probably not (this is, after all, the Science and Physics forum, and not the homeopathic remedy forum). The jury is definitely still out on this one, but science tends to doubt it, despite the claims of hematite merchants.

But, if you mean general benefits from their use, then the answer is certainly! Magnetism is essential to nearly every modern convenience. All motors contain magnets; all electrical power is generated by moving a conductive wire through a magnetic field; speakers are built around magnets. Magnets are everywhere. There is no area of our lives that is not benefitted by the use of magnets and magnetism.

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