• Chalcedony is often used in jewelry to carry its healing powers conveniently.Hemera Technologies/PhotoObjects.net/Getty Images
  
  Chalcedony is a variation of quartz considered in alternative healing to have numerous mystical and metaphysical properties. Pink-colored chalcedony is affiliated with the Moon as well as the zodiac signs Cancer and Sagittarius. It is believed to alleviate depression and increase benevolence, although currently there is no scientific research supporting these assertions. Pink chalcedony is considered a nurturing stone that both absorbs and dispels negative energies.
  
  

Mental Health

• Pink chalcedony is believed to aid the treatment of dementia and senility, writes Judy Hall in "The Encyclopedia of Crystals." Pink chalcedony also is believed to improve mental health by alleviating depression, although such claims aren't supported by medical science. For an overall sense of harmony among mind, body and spirit, pink chalcedony is an ideal stone for jewelry or to carry in a pouch or satchel.
  
  

Positive Emotions

• Pink chalcedony fosters brotherhood, benevolence and goodwill in the wearer, according to "The Encyclopedia of Crystals." It also is believed to reduce hostility and trauma while encouraging empathy, trust, inner peace and openness. Hall's "The Crystal Bible" indicates the stone "brings out a sense of childlike wonder and a willingness to learn new things."
  
  

Physical Healing

• Pink chalcedony is considered beneficial to many areas of the body, including the gallbladder, spleen, bones and eyes, although such benefits aren't supported by scientific proof. "The Crystal Bible" suggests pink chalcedony assists mineral buildups in the veins, promotes healthy blood and circulatory systems and eases difficulties with lactation. Pink chalcedony is believed to bolster the immune system, positively influence physical energy and help problems associated with lymph nodes or edema.