Peridot and Diamond Ring in White, Green and Yellow Gold, sparkle with a little twist. Peridot is the Birthstone for August and the Anniversary Stone for the 16th Anniversary. Peridot is a wonderful yellowish green gemstone which is often found near ancient volcanos. Most Peridot sold today comes from the United States and Pakistan although it is found in other locations. Egyptians found Peridot and used in jewelry many years ago. It was thought to contain rays of sunshine (possibly due to dispersion?) and thought to protect its wears from evil spirits. We love Peridot because of its bright cheery color and sparkle, we hope you enjoy it too!