An anklet is a piece of jewelry that you wear around your ankle. In India, it's common to wear silver or gold anklets, often on both ankles.
You can also call an anklet an "ankle bracelet." Anklets are sometimes made of precious metal like sterling silver, and sometimes of leather, beads, or woven embroidery floss. In India, anklets are called payal, and they are traditionally worn by brides. The word anklet is formed after the style of bracelet, from ankle, which comes from a root word meaning "to bend."