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Delayed Gemfields ruby auction generates $53m revenue

Published by Josh White on 23rd February 2026

(Sharecast News) - Gemfields announced on Monday that it generated $53m in revenue from its latest mixed-quality rough ruby auction, with strong demand for higher-grade stones offset by softer bidding for certain categories amid weaker Chinese demand and increased illegal supply.

URL: http://www.digitallook.com/dl/news/story/35715900/...

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