Falls continue for Australian shares as gold shines

Eight of 11 sectors on the ASX finished the day lower with banks and energy stocks struggling. (Steven Saphore/AAP PHOTOS)

Australian shares have continued to lose ground with energy, healthcare and real estate leading the falls, while gold surged to a record high.

The benchmark S&P/ASX200 fell 46.1 points, or 0.52 per cent, to 8,803.5 on Tuesday, as the broader All Ordinaries slipped 46.2 points, or 0.51 per cent, to 9,080.7.