Gold ended lower on buoyant equities and as the dollar strengthened after upbeat US data, while the market continued to eye geopolitical tensions.
Crude hit multi-month lows on Monday, as weak demand and easing concerns over risks to supply offset fears about geopolitical risk.
Wall Street's upbeat performance overnight, helped by a subside in geopolitical tensions, elevated Asian bourses to fresh closing highs on Tuesday.
U.S. stock-index futures pointed to a higher open on Tuesday, as global markets continued to rebound on waning Ukraine-Russia tensions.
Stocks rose on Monday as Ukraine and Russia talked about a potential truce and a round of M&A bolstered sentiment.
U.S. bonds moved lower on Monday as investors showed less appetite for safe haven assets amid an easing of the crisis in Ukraine.
European shares closed sharply higher on Monday as investors relaxed over the crisis in eastern Ukraine.
Gold settled lower around $1,300 an ounce on Monday as European and U.S. shares rebounded on an easing of tensions in Ukraine.
Oil shed more than $1 a barrel to reach its lowest in over a year, as investor concerns over conflict in Ukraine and Iraq eased.
The US dollar rose against a basket of major currencies on Monday on reduced concerns over Russia and Ukraine and positive US housing data.
Asian equities traded mixed on Monday as a cautious sentiment set in after fresh conflict in Ukraine at the weekend.
U.S. stock index futures pointed to a higher open on Monday, tracking gains in Europe and recovering from losses witnessed on Friday.
U.S. stocks ended the week mixed after news of fresh conflict between Russia and Ukraine.
Bonds rose on fresh tensions surrounding Russia and Ukraine, with the yields on 10-year and 30-year notes hitting their lowest levels in over a year.
Gold fell as US stock indexes eyed a second weekly gain and traders bet there would be no immediate escalation in the situations in Ukraine or Iraq.
Crude jumped as reports of an armed conflict between Russian and Ukrainian forces boosted oil's geopolitical premium.
The dollar failed to get a safe-haven boost despite news that the Ukraine-Russia conflict had entered a potentially dangerous phase.
Most Asian equities traded higher on the last trading day of the week, taking cues from a firm finish on Wall Street overnight.
European stock markets closed down on Friday, on reports that Ukrainian troops had destroyed part of a military unit entering from Russia.
U.S.stocks closed higher on Thursday at August highs despite subpar economic data around the world, and after conciliatory remarks from Putin.
Get the best of CNBC in your inbox