This birthstone of October embodies the orange and red colors of a warming fire. The fiery sparkle of this gem makes a fire opal ring become the center of conversation Pink tourmaline is a birthstone of October, along with opal, and is a truly special gem. The deep rosy color of a pink tourmaline ring will be sure to attract attention. Once considered more valuable than diamonds, a peridot ring is a must have. This "gem of the sun" is the birthstone of August and is a beautiful match for the lush green tapestry of late summer.