Precious Gem (Oblivion)

Precious Gems are valuable items found in.

Types
All gems have a weight of 0.1, and all nuggets have a weight of 0.25.

Loot and dungeon drops

 * Nuggets may be found in deposits inside various caves.
 * Pearls may be found in clams on the bottom of body's of water

Merchants
Merchants throughout Cyrodiil also buy and sell gems; many of the merchants that buy and sell jewelry will also buy and sell gems. General Goods merchants can also buy gems.

Uses
Unlike Morrowind and Skyrim, Oblivion gems have no function as a production material and can only be sold or kept for display.

Trivia

 * Precious Gemstones should not be confused with Soul Gems, which serve an entirely different purpose.
 * Flawless Diamonds have one of the highest value per weight unit in the entire game.