OPALESCENCE
opalescence, iridescence
(noun) the visual property of something having a milky brightness and a play of colors from the surface
Source: WordNet® 3.1
Etymology
Noun
opalescence (countable and uncountable, plural opalescences)
the state of being opalescent
(physics) the milky iridescent appearance of a dense transparent medium when it is illuminated by polychromatic visible radiation (such as sunlight) due to local fluctuations in its density and therefore in its refractive index
Source: Wiktionary
O`pal*es"cence, n. (Min.)
Definition: A reflection of a milky or pearly light from the interior of a
mineral, as in the moonstone; the state or quality of being
opalescent.
Source: Webster’s Unabridged Dictionary 1913 Edition