Peridot is the birthstone of August and is usually a very affordable colored gemstone. Unfortunately it is often compared to the rich dark green of emerald and in this comparison it is often found lacking. But peridot has its own unique green-yellow color that is different from emerald and this comparison is rather unfair. Most peridot is actually the magnesium rich forsterite and its color is caused by the presence of iron ions. Fayalite's higher iron content make for darker, less attractive specimens that are not generally used as gemstones.
Peridot is a colorful, affordable and attractive gemstone.
Olivine is found in ultramafic igneous rocks and marbles that formed from metamorphosed impure limestones. Mafic is a word that is used to define igneous rocks with a high iron and magnesium content. The olivine minerals have a high melting point and are the first minerals to crystallize from a mafic magma. Forsterite crystallizes first with fayalite crystallizing last when other minerals such as the pyroxenes are just beginning to form. The early crystallization of olivine is the reason that molten lavas can contain already crystallized grains of olivine.