Step 7 - Add a nice Border to the Jewelry
Do you remember layer 3? Vector circle layer ?
Duplicate that layer and call it Border layer . Rasterize border layer and resize it (Edit - Transform path - Scale) to 110 % . Press CTRL and click the black part from layer 3 (the one marked with an red X in the image below) and go to border layer and click delete key.
Step 8 - Apply Gradient Overlay to the Border
Now go to Blending options of the Border layer and do the following settings:
Duplicate this Border layer and resize it to 90%. You should obtain somethind similar to this:
Step 9 - Add other Details
Now draw a circle in the middle; press CTRL and click the texture layer and click CTRL+ C and CTRL+V ... you have as a result a circle with texture. Go to Blending Options of this layer (circle with texture) and do the following settings :