Aussie Shares Edge Lower, Gold Hits Record
Update: 2025-12-29
Description
Australian shares dip on thin trading volumes, with the S&P/ASX 200 down 15 points to 8747.7. Financials, energy, and tech stocks drag the market down, despite a Santa Claus rally on Wall Street. Gold prices hit a record high before pulling back, while silver touched a new high. Health care bucks the trend, up 0.6% led by CSLs 1.5% jump. Weebit Nano surges 14% after a licensing deal with Texas Instruments. The Australian dollar strengthens to 67.15 US cents, its highest since October 2024.
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