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. 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. Ruby is known as the gem of courage. Wearing a ruby pendant can help you get through the trials and tribulations of life.