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. A sapphire is said to bring serenity and purity to the wearer. Wear a pink sapphire pendant for serenity and purity with a splash of fun and irreverence. Emerald is associated with Venus, the Greek goddess of love and beauty. They say an emerald pendant can protect lovers from unfaithfulness.