Gemfields has received encouraging buyer response during its auction of emeralds held in London. Dharmendra Tank, a participant at the event noted that apart from a well organised trading environment, the goods on auction were well graded, although of medium quality. %% Rishabh Tongya, another participant mentioned that of the 35 companies participating, five were from Israel. The auction had total goods worth US$ 4-5 million. There were 27 lots in total, of which, 26 lots were completely bought by Indian companies, headquartered in Jaipur. %% Gemfields is considering to host an auction in Mauritius during November, and one for lower quality emeralds in Jaipur after another two months.