Synopsis The benchmark ASX 200 index snapped a three-day rally to end 1.9 per cent lower at 6,931.70, its lowest close since April 7. Getty Images Among sectors, gold stocks shed 2.8 per cent despite bullion prices hitting a near four-month high. Australian shares closed at a six-week low on Wednesday, dragged down by losses in heavyweight bank and mining stocks, while EML Payments Ltd was the top loser on the benchmark index on fears of regulatory curbs on its Irish unit. The benchmark ASX 200 index snapped a three-day rally to end 1.9 per cent lower at 6,931.70, its lowest close since April 7. "It's a widespread sell off, no sectors have been exempted from the selling, including those mining stocks that have had improvements in commodity prices," said Steven Daghlian, market analyst at CommSec.