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Circularly polarized electromagnetic wave impinging on a conducting ringgenerates a circulating DC plasmonic current resulting in an Inverse FaradayEffect in nanorings. We show that a large ring with periodically modulatedwidth on a nanoscale, smaller or comparable with the plasmonic mean free path,supports plasmon energy bands. When a circularly polarized radiation impingeson such a plasmonic ring, it produces resonant DC plasmonic current on a macroscale resulting in a Giant Inverse Faraday Effect. The metamaterials comprisedof the concentric variable width rings (plasmonic disks) and stacked plasmonicdisks (plasmonic solenoids) amplify the generated constant magnetic field byorders of magnitude.

Giant Inverse Faraday Effect in Plasmonic Crystal Ring