Abstract: A jewelry chain having a pair of ends and a closure for releasably securing the ends together. The closure includes a male and a female component, each fixedly secured to a respective end of the chain. The male component includes a base member from which a circular disk of permanent magnetic material projects upward, a first tab and a first recess. The first tab projects outward from the base member perpendicular to the central axis adjacent a portion of the periphery of the disk, while the first recess projects outward from the base member perpendicular to the central axis adjacent a diametrically opposed portion of the disk. The female component includes a base member having a circular well of ferromagnetic material therein, a second tab, and a second recess.