Australian shares have fallen for a third consecutive day with the benchmark ASX200 slightly easing. -AAP Image
Australia's share market has sold off for a third straight session, in which the only sure things were gold and investor uncertainty.
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The benchmark S&P/ASX200 pared some of its early losses to finish 13.1 points lower on Wednesday, down 0.15 per cent, to 8,943.7.
The broader All Ordinaries faded 13.5 points, or 0.15 per cent, to 9,240.1.
Spot gold topped $US4,000 an ounce for the first time, trading as high as $US4,027 ($A6,135) just before the ASX close.
Most local sectors wound up in in the red, yet materials, health care and utilities bucked the trend to finish in positive territory while financials traded roughly flat.
The Australian dollar is buying 65.63 US cents, down from 66.02 US cents on Tuesday at 5pm.
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