Peridot is the birthstone for birthdays in August and also is the traditional gift for a sixteenth wedding anniversary.
Coveted for its lively green appearance Peridot is also associated with success, peace and luck, it is considered good for matters of the heart and helps forge and seal friendships.
In folklore, Peridot was considered to be a powerful amulet to ward against all evil, and when set in gold is said to protect the wearer from nightmares.
Peridot was also thought to possess healing properties and was believed to be able to enhance the affects of medicines when drunk from a chalice set with the stone.
Peridot is one of the few gemstones that comes in only one colour. The depth and shade of green depends on the quantity of iron that is contained in its crystal structure, the hue varies from yellowish green to olive to a dark browny green.