Foreign Funds Pile into BRMS Despite Bearish Gold
Foreign firms are aggressively buying BRMS shares despite falling gold prices, driven by its strong production outlook and strategic assets.
(Bisnis.Com) 01/01/70 07:00 23244
Bisnis.com, JAKARTA — Foreign firms are seen accumulating shares of mining company PT Bumi Resources Minerals (BRMS), a joint venture between the Bakrie Groups and Salim Groups, amid a downturn in gold prices.
Gold is now trading below $4,000 per ounce following its first weekly decline since mid-August 2025. As of Wednesday morning (29/10/2025), spot gold was trading at $3,950 per ounce.
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