Peridot is a gem full of positive energy, and is a stone for prosperity and happiness. Peridot keeps its shining color even under moonlight, earning the nckname “Evening Emerald”.
It has long been mistaken for ruby by emperors and monarchs. Many of the famous “rubies” of history were actually spinels. Spinel comes in a variety of colors, but the most sought after and valuable are red and pink.