Is zakat obligatory for us, given that we do not possess wealth beyond our needs, nor do we save anything, and I have some gold that was a wedding gift, and small gifts, bearing in mind that we spend on some non-essential items?

Zakat is obligatory on cash assets under two conditions: reaching the nisab (the equivalent of 85 grams of gold or 595 grams of silver) and the passing of a full hawl (twelve lunar months). As for jewelry intended for personal use, the majority of scholars hold that Zakat is not obligatory on it, while some scholars, such as the Hanafis, maintain that it is obligatory.