FEAR & GREED | Business News Afternoon Report | Gold stocks rally
Dec 10, 2025
Financial markets experienced a flat close, reacting to the RBA's rate guidance. Gold miners saw significant gains, driven by record silver prices. A new federal social media ban for under-16s was enforced, with teens quickly discovering loopholes. Westpac faced a major outage affecting various payment systems. Meanwhile, seniors are increasingly targeted by sophisticated scams, with AI technology making them more convincing, prompting concerns about safety in the digital age. Intriguingly, there are fresh claims and images suggesting Putin has secret sons.
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Flat Market After RBA Pause
- The ASX 200 barely moved as investors digested the RBA pause and hints that further rate cuts are unlikely.
- Materials led gains while tech lagged amid anticipation of the US Fed decision.
Gold And Silver Lift Miners
- Gold and materials stocks jumped with Newmont and Northern Star up over 4% and record silver boosting miners.
- Tech names like Technology One, WiseTech and Xero fell as investors favoured commodity exposure.
Teens Find Loopholes In Social Ban
- The federal social media ban for under-16s went live and teens quickly found workarounds like lesser-known apps and VPNs.
- Fake birthdates and parents' logins remain common, undermining immediate enforcement.