The "Mo Bounce" rapper stepped out Thursday in West Hollywood wearing the diamond bands French gifted her almost a year ago, when they were still a thing.

Iggy hasn't had great luck with rings in the past ... she gave back her huge yellow engagement rock from Nick Young after they broke things off, but it looks like it's a different story with the $100k in ice from French.

Iggy's been linked to other dudes since ... and no word on who this guy is, but it looks like she's still on good terms with French.