Australian stocks fell by 1.33% today.

Australia stocks were lower after the close on Tuesday, as losses in the Gold, Metals & Mining and Materials sectors led shares lower.

At the close in Sydney, the ASX 200 lost 1.33%.

The best performers of the session on the ASX 200 were Bapcor Ltd (ASX:BAP), which rose 13.30% or 0.58 points to trade at 4.94 at the close. Meanwhile, Zip Co Ltd (ASX:ZIP) was up 6.28% or 0.08 points to end at 1.27 and Platinum Asset Management Ltd (ASX:PTM) was up 3.52% or 0.04 points to 1.03 in late trade.

The worst performers of the session were Resolute Mining (ASX:RSG), which fell 8.12% or 0.05 points to trade at 0.54 at the close. Regis Group (ASX:RRL) fell 8.07% or 0.16 points to end at 1.76 and Ramelius Resources (ASX:RMS) was down 7.75% or 0.16 points to 1.85.

Declining stocks outnumbered advancing ones on the Sydney Stock Exchange by 886 to 322 and 462 ended unchanged.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was up 9.81% to 11.68.

Gold futures for August delivery fell 0.29% or 6.85 to $2,320.15 a troy ounce. Elsewhere in commodities trading, July WTI crude oil futures rose 0.13% or 0.10 to $77.84 a barrel, while the August Brent oil contract rose 0.06% or 0.05 to $81.68 a barrel.

The AUD/USD pair remained stable by 0.05% and traded at 0.66 levels, while the AUD/JPY pair continued to rise by 0.09% and reached 103.90 levels.

The dollar index futures were trading down 0.37% at 104.72.