ΔE 27.4, loose: different enough that you should pick on purpose. Ruby Alchemy is noticeably lighter, cooler than Gemstone Red.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 27). Ruby Alchemy is noticeably lighter, cooler than Gemstone Red.
The same difference applies the other way round: Gemstone Red is noticeably darker, warmer.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Gemstone Red on the colour wheel See Ruby Alchemy on the colour wheel
All matches: Gemstone Red equivalents · Ruby Alchemy equivalents