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The world’s most popular and affordable green gem, Peridots form deep inside the Earth’s mantle and are brought to the surface by volcanoes. The traditional birthstone for the month of August, Peridot’s signature green color comes from the composition of the mineral itself—rather than from trace impurities, as with many gemstones. Associated with prosperity and good fortune, this August birthstone was valued in many ancient and medieval cultures. Though it is known as “the Evening Emerald” because of its sparkling green hue, Peridot looks good whether day or night and is the gem given to celebrate a 16th wedding anniversary.