Cryptic crossword clue
A river by old US city yields gold ring 7

The most common and most likely answer to this crossword clue is the 7 letter word AUREOLA

I've seen this crossword clue in The Times
A
U
R
E
O
L
A

Buddy explains!

The straight part
We know that "gold ring" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case gold ring = aureola.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does AUREOLA mean?

AUREOLA noun
  1. Radiance of luminous cloud that surrounds the figure in a painting of a sacred personage.

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