Gold, silver and palladium prices pull back sharply, worrying some economists

The price of palladium, a precious metal widely used in cars, electronics and jewellery, has crashed.

Palladium, known for its rarity, durability and corrosion resistance, is one of the platinum group of metals (PGM), with platinum, rhodium, iridium, osmium and ruthenium.

It hit $US2,023 on December 26, up 82 per cent in the year to date.

Trading at $US1,600 on December 30, it was down 21 per cent from its record high.

Most traders view such a price plunge as a market crash.

The move down in palladium also coincides with a price correction for silver.

Know more- https://www.abc.net.au/news/2025-12-30/precious-metals-gold-silver-palladium-crash/106187288

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Aboriginal people feel Labor isn’t listening to them after voice defeat, Uluru statement co-author says

One of the architects of the Indigenous voice to parliament says Aboriginal Australians increasingly feel the government isn’t listening to their views on laws and policy design, warning against closed-shop public consultations in the wake of the referendum defeat. Megan Davis, a constitutional scholar and signatory to the Uluru statement from the heart, said the re-elected Albanese government was facing growing displays of discontent and needed a new approach to improve the lives of Aboriginal and Torres Strait Islander people. Davis said Indigenous policy frameworks were failing and engagement with government was subject to growing “exclusivity”. “They consult only those who have contracts with them, or are enlisted in the Closing the Gap ‘partnership’, so to speak,” she told Guardian Australia. To read more, click here- https://www.theguardian.com/australia-news/2025/may/27/labor-aboriginal-people-voice-reconciliation-week

Sydney’s Palace Verona Cinema in Paddington shuts doors as Palace Moore Park opens in Entertainment Quarter

A popular Sydney cinema has closed the curtain on its final screening, marking the “end of the road” for the Paddington institution after 27 “cherished” years. Palace Cinema’s Verona Cinema on Oxford St has officially shut its doors and thanked the community for its support over the years. Verona held its last screening, Aki Kaurismäki’s tragicomic romance Fallen Leaves, at the weekend. “And it’s the end of the road for the Verona,” independent Australian and New Zealand film distribution company Palace Films wrote on X (formerly Twitter). “Doors are closed and glasses have come out to raise a toast to the old gal. “Thanks Paddington, and thanks Sydney. xox” The Oxford St building Verona called home for more than two decades sold in 2021, with the space to be transformed into a multi-storey office development featuring new retail and rooftop dining. To know more : https://7news.com.au/news/sydneys-palace-verona-cinema-in-paddington-shuts-doors-as-palace-moore-park-opens-in-enterta...

What you do on the weekend could be ruining your sleep, experts reveal

Everyday Australians living with a newly-identified sleep health concern could have no idea they're suffering from it. Research from Flinders University has revealed that the severity of Obstructive Sleep Apnea (OSA), a common condition caused by repeated airway collapse during sleep, increases significantly on weekends. This phenomenon may be linked to late nights, sleeping in, alcohol and smoking on weekends, leading FHMRI Sleep Health experts to dub it 'social apnea'. Know more, by visiting on this website- https://www.9news.com.au/health/social-sleep-apnea-linked-weekend-late-nights-alcohol-smoking/ab3c869f-71ef-4a6d-8938-3a99f0948fa5

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