If you bought it to sell it and it is displayed for sale so that you can sell it and buy another one and so on, the answer is yes: you must give zakat for every year that had passed, according to the market price at each year.

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Your prayer is valid. What makes you doubt its validity? The Prophet salla Allahu alaihi sa sallam used to pray while wearing his ring!

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It is a highly recommended sunnah.

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The Sunnah of Fajr is prayed before the Fajr salah. If one over sleeps, he can make it up afterwards.

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The zakat is given in the savings that exceed the threshold which one possesses for a lunar year. If you do not have any savings (or gold and silver) as such, there is no zakat for you.

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