Rainbow Obsidian gets its name from the chatoyant, rainbow effect of light refracting off of tiny air bubbles inside the stone. It is made up of volcanic glass. Rainbow Obsidian can help to alleviate fears at home/work that seem to overwhelm, or that we find we cannot overcome. It also can reverse a stint of bad luck and bring happiness and joy to the user.
In general, Obsidian is a very grounding and protective stone. It is used as a great cleanser of negative energies, helping to remove not only negativity experienced in the environment, but also that of one's own emotions, such as anger, jealousy, greed, resentment, etc. Obsidian is often used for healing and releasing energy blockages, and has a tendency to work quickly to move truths to the surface to be resolved. [4]
Rainbow Obsidian is black obsidian that, when polished and exposed to a strong light, shows bands of rainbow colors. Rainbow obsidian is said to be the stone used by Nostradamus to foresee future events.
Rainbow obsidian is particularly powerful in meditation to dissolve shock, fear or barriers. It expands your consciousness, sharpens the senses and can help you delve deep into mysterious phenomena and experiences.
Obsidian helps to protect the very sensitive against depression. It is the stone of the soft hearted and gentle people of the world. Use obsidian to help block negativity of any kind. As a black gemstone, it symbolizes self control and resilience. Black stones have protective energies in the sense that black is the absence of light, and therefore, can be used to create invisibility. [5]