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AAP
AAP
Business
Adrian Black

Gold price breaks ceiling as Australian shares fade

Australia United States Gold
Gold spot prices topped $US4,000 an ounce for the first time, trading as high as $US4,031 ($A6,144). (Dan Himbrechts/AAP PHOTOS)

Australia's share market has sold off for a third-straight session, in which the only sure things were gold and investor uncertainty.

The benchmark S&P/ASX200 pared some of its early losses to finish 9.2 points lower on Wednesday, down 0.10 per cent, to 8,947.6.

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