In 2016, jeweler Olivia Young of Ouroboros sold a red spinel ring for £6,000 ($7,700). Last year, the client’s insurance company paid out £30,000 ($38,400) to replace it. Experts say that this ...

Peridot is a yellow-green stone that comes from the mineral olivine. Some believe its name derives from the Arabic "faridat," or "gem," according to Geological Institute of America. Others, however, ...