Emerald or Panna, the other green precious gemstone, has immense benefits. Emerald is associated with the Mercury planet (Budh Graha). Wearing an emerald ring makes the person financially stable, improves communication and speaking skills, and also makes the mind powerful. It is known to be more beneficial for the person who wants to grow their business as it increases sales and reduces the chances of loss. People who do communication work or have a business are highly recommended to wear Panna rings. Emerald is also the birthstone of May.