There are many techniques for setting gems. Consideration needs to be given as to the size of a stone, whether it is faceted or a cabochon, and the type of stone itself. Diamonds naturally lend themselves to certain fine settings while an opaque stone such as turquoise or carnelian might be showcased well in an earthier setting. There are truly thousands of variations when it comes to types of gem-settings. Some common settings are bezel, channel, prong, bead and burnish.