August birthstone peridot is known for its bright green color, with olive and lime shades highly prized for use in jewelry. Peridots are found in exotic locales including lava and meteorities. Historically, peridot jewelry was used as a talisman to protect against evil spirits. This vibrant and alluring gem is perfect for adding luscious color to your favorite everyday looks. Bracelets, necklaces, earrings, and rings that showcase peridot offer endless style possibilities.