Praise be to Allah, the Lord of the Worlds; and may His blessings and peace be upon our Prophet Muhammad and upon all his Family and Companions.
It is not permissible for a man to wear gold; whether it is of white or red (golden) color does not change the rule. The saying of the Prophet (Sallallahu Alaihi wa Sallam) in general: "Wearing silk and gold has been made unlawful for the males of my Ummah (nation) and lawful for their females" reported by Al-Thirmidhi and Al-Nasa'i, and Al-Thirmidhi said that it was an authentic Hadith.
Allah knows best.