Investors Switch From Sell to Buy on MDKA as Gold Record Rally Continues

The rising gold prices have prompted several major shareholders in gold mining company Merdeka Copper Gold (MDKA) to switch from selling to buying.

Bisnis, JAKARTA — A number of major investors have made a U-turn on Garibaldi “Boy” Thohir-affiliated gold miner Merdeka Copper Gold (MDKA) from sell to buy as gold continues to hit record highs.

The U.S.-China trade war, in addition to concerns that Trump may expand his tariffs, are driving the gold rally as people look to gold in search of a safe haven during uncertain times.

Bisnis Indonesia Premium Terbaru