Oval Cut Emerald Necklace and Earring Set on White Gold Plated 925 Silver Chain. Drop earrings and necklace set. For many, emerald is considered to be the symbol of rebirth. It is also believed to represent good fortune, youth, balance, growth, peace, and foresight. While there is no scientific evidence to back up emerald's ability to enhance these attributes, the symbolism does add to the popularity of the stone. View Photos for Further Details.