Iolite, also known as Neeli or Kakaneeli is a variety of mineral Cordierite. Its color varies from purple to gray and it has a vitreous luster ad a transparent appearance. 
Iolite is named after the Greek word ios, which means violet. This gemstone displays a blue to violet hue in one direction and a pale yellow to colorless hue in the other, which sometimes causes it to be called a “water sapphire”. In addition, it is considered as a substitute for Blue Sapphire. 

It improves the sleep patterns of the wearer.
Iolite can be helpful for people who suffer from migraines, fever, and other ailments.
In particular, it assists the wearer in detoxing from alcohol, smoking, and drugs. 
Additionally, it keeps the digestive system healthy.
It benefits people experiencing professional lack of growth. 
Due to its association with Saturn, ‘the God of Justice,’ it provides individuals with rewards and recognition.
The gemstone provides opportunities for occupational growth.

It keeps the wearer calm and composed.
The gemstone reduces anxiety and controls negative thoughts. 
Additionally, it cures depression. 

Iolite is connected with the Third Eye Chakra and helps in enhancing inner spirit and intuition. It also helps us to better understand the signs of the universe.  
It also activates the crown chakra and the throat chakra and helps the wearer in better communication.

Day, Time, and Metal for Iolite:
It is recommended to wear this gemstone on Saturday in the morning between 5 a.m. to 7 a.m. during Shukla Paksha. It would be best to wear silver in metal for optimal results. Gold should be strictly avoided.  

Pooja, Mantra, and Finger:
If the gemstone is set in a ring then it should be worn on the middle finger of the working hand. Put the ring in the metal bowl containing Ganga Jal, tulsi leaves (Indian Basil), raw cow’s milk, honey, and ghee (clarified butter) to energize the gemstone.  Also, the mantra for the same is Om Sham Shanicharaya Namha ऊँ शं शनैश्चराय नमः। (108 times).

Who can wear the gemstone?
Iolite is associated with planet Saturn and can strengthen Saturn in an individual’s horoscope by wearing it. Also, during the tiring phases of Shani- Saadsaati, Shani ki Dasha, or Mahadasha, this gemstone will help.  In India, it can be worn by Capricorn (मकर) and Aquarius (कुंभ) sign/rashi as these signs are ruled by planet Saturn. It is also considered the birthstone for the Virgo zodiac sign by western astrology.  You may also wear it if your ascendant or rising sign is Taurus, Gemini, and Virgo

The price of Iolite is determined by various factors, including origin, cut, color, and clarity. However, in India Neeli gemstone prices start at Rs. 300 per carat ( $5 approx.) and can go up to Rs. 3,000 per carat (approx. $45) and more. 

Iolite gemstones originate mainly from India and they are highly valued for their enticing hue and brilliant luster. In addition, iolite from Madagascar is also highly desirable in the market. 

Color is the most prominent characteristic of Iolite gemstones. In general, a bright, medium to deep blue hue Iolite gemstone with purple undertones is the most desirable gemstone for astrological purposes. However, it is considered less valuable if the color of the Iolite is too pale or too dark. 

Cut is an important factor in determining the value of the gemstone. It is usually expensive to cut highly faceted, such as cushion, square, and trillion cut Iolites. This is because they display brightness and luster and incur losses in the cutting process.  In the market, non-faceted, such as cabochons or oval and round Iolites are more affordable.

High-quality Iolites with minimal inclusions and high transparency are sold for higher prices. However, Sri Lankan Iolites with reddish-brownish inclusions that look like blood spots are rare and highly desirable. 

There are several factors such as origin, cut, color, and clarity that determine the quality of Iolite. Listed below are the factors to consider when purchasing of this gemstone. 

Iolite is found in-
Myanmar (Burma)
United States of America
Sri Lanka
India and Madagascar are considered to be two of the most highly desirable sources of Iolite due to their shiny surfaces and vibrant colors.

Iolite is rich in iron, and its color tends to range from violet-blue to dark blue. It is a pleochroic gemstone, which appears to change colors with the intensity of light or movement. It can occur in different hues including green, brown, yellow, and grey. Sometimes, the bluish Iolite appears completely colorless from some angles. 

Iolite presents different color tones from different angles due to the natural phenomenon of pleochroism. It is commonly cut as faceted gems since faceted iolite retains its brightness and shimmer. However, it is also cut into cabochons. 

Iolite is classified as Type 2 in clarity standards and is naturally comprised of inclusions. The gemstone contains minerals inclusions, metallic platelets, rutile, etc. Sri Lankan Iolites are known for their inclusions of thin hexagonal flakes of hematite and acanthite, which look like blood spots and are therefore known as ‘Bloodshot Iolite’. 

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