Opal symbolizes confidence, clarity, and calmness and is said to promote faith in oneself and hope for the future. Wear an opal pendant to capture these qualities. Legends say that wearing a peridot pendant can bring happiness and contentment. Set in gold and surrounded with diamonds, the power of a peridot is said to intensify. Legends say that wearing a peridot pendant can bring happiness and contentment. Set in gold and surrounded with diamonds, the power of a peridot is said to intensify.