Labradorite gemstones are known for their beautiful iridescent appearance. These gemstones have speckles, lines, and other forms of patterning. They are best known as stones of magic, and are believed to have strong powers. They can increase your physic abilities and increase your confidence level. Some people also wear labradorite jewelry to enhance their psychic abilities. The gemstone is a versatile stone, and it can add to a look in many ways.