Gold steadied above $1,300, aided by anticipation of increased geopolitical risks as the U.S. began demanding answers from Russia after MH17.
Oil rallied as investors closely watched an intensifying crisis with Moscow over the downing of a civilian jet in Ukraine.
Asian stocks ended Monday mostly lower due to ongoing geopolitical tensions while volumes were light with Japan shut for a public holiday.
Stocks rose Friday, with the S&P 500 rebounding from its largest drop since April 10.
U.S. stock index futures pointed to a lower open on Monday, with investor sentiment subdued due to the ongoing turmoil in Gaza and Ukraine.
US Treasury yields held to lows, taking in stride weaker-than-expected data and keeping the safe-haven flows from tension in Ukraine and Israel.
European shares pared losses to close mixed on Friday with investors cautious after a passenger jetliner was shot down in eastern Ukraine.
Gold dipped on profit-taking after a sharp overnight jump, but the metal is being supported by a wave of risk aversion.
Crude turned lower as investors took some profits from the previous day's gains even as tensions between Russia and the West remained high.
The yen hit a five-month high versus the euro - and held some of its gains against the dollar - as investors saw the currency as a safe haven.
Asian stocks were mostly lower on Friday after the crash of a passenger plane in Ukraine and an offensive in Gaza sparked geopolitical tensions.
The euro regained ground on the dollar, but trading was not energetic thanks to a holiday in Japan and geopolitical tensions.
Stocks declined Thursday, with the Dow retreating from its record, after reports that a Malaysian plane had been shot down over Ukraine.
U.S. stock index futures signaled a higher Wall Street open on Friday.
Treasurys rose as US equities declined on Thursday after reports surfaced that a Malaysian passenger plane had been shot down in Ukraine.
European shares closed lower on Thursday, as investors shunned riskier assets due to a resurgence in concerns about Russia and sanctioning.
Gold steadied near 3-1/2-month highs as stock markets recovered from a selloff, with the metal still on track for a sixth week of gains.
Gold ended higher on Thursday on heightened geopolitical tensions and news of more US sanctions against Russia.
U.S. crude oil jumped by nearly $2 Thursday after a Malaysian airliner crashed over eastern Ukraine.
Asian equities ended mostly lower on Thursday as profit-taking offset a record close on Wall Street overnight.
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