Gold fell after the European Central Bank and the Bank of England did not hint at more economic stimulus, and as encouraging U.S. jobless claims data fuelled optimism about the upcoming nonfarm payrolls report.
As gold falls out of favor with investors in a "risk-on" trading environment, one expert says the market bears should think carefully about betting against the precious metal.
Oil eased below $111 a barrel on Thursday as the North Sea Brent pipeline restarted and as investors digested comments from the European Central Bank.
European shares ended slightly lower on Thursday, held back by a post-results slump for British insurer Aviva.
The euro climbed to a session peak against the dollar on Thursday as the ECB gave no hints about monetary policy easing in the months ahead after leaving its benchmark interest rate unchanged.
Asian shares were mixed on Thursday as investors shrugged off overnight gains in the U.S and turned attention to central bank meetings in Europe. Japan's Nikkei came off a four-and-a-half-year high but held onto most of its gains amid expectations for aggressive monetary easing.
Despite objections, the U.S. is heading down the road to export natural gas, and that could ultimately help shake up world energy markets.
U.S. Treasurys prices fell for a third consecutive session on Wednesday as better-than-expected jobs data undermined the safe-haven allure of U.S. government debt, and as investors set up for new debt supply next week.
The euro fell against the dollar on Wednesday, a day before an ECB policy-setting meeting, on concerns the bank may flag future interest rate cuts.
Brent crude and U.S. oil settled lower after U.S. government data showed domestic crude inventories rose much more than forecast.
Gold was marginally higher on Wednesday, with analysts expecting the breakout in Wall Street to pressure the precious metal's safe-haven appeal.
Asian shares hit fresh highs on Wednesday, extending the previous day's rally after a record close for the Dow Jones stock index on upbeat U.S. economic news gave risk appetite a further boost.
What this historic day on Wall Street means for banks, technology, retail, markets and for you.
The history of the current trading channel in the Dow shows the market usually takes around seven weeks to fall from the top of the channel to the lower edge of the trading channel.
The party in the market can continue for a while, but it could end "very badly," Stanley Druckenmiller, founder of Duquesne Capital, told CNBC.
U.S. stock index futures signaled a higher open on Tuesday, with the Dow Jones Industrial Average within reach of touching its all-time closing high, boosted by upbeat economic data from Europe and ahead of the service-sector report.
U.S. Treasury debt prices eased on Tuesday as Wall Street stock indexes pushed to record highs, with investors turning away from safe-haven assets as higher government spending in China and solid U.S. data stoked an appetite for riskier holdings.
Brent oil gained, bucking a five-day losing streak, boosted by North Sea supply disruptions, optimism on Chinese oil demand, and a rise in U.S. equities.
Oil prices could continue to feel pressure, if the global economy turns out to be weaker than expected and oil production continues to grow in places like the U.S., Brazil and Iraq, according to James Burkhard, vice president and head of oil market research at IHS.
Gold prices gave up most of Tuesday's early gains, as a rally that snapped four days of losses was not enough to sustain the precious metal.
European shares were flat on Friday as talks over the "fiscal cliff" stalled.
European shares closed lower on Wednesday for a third consecutive session, with resurging worries about the global economic outlook undermining investor sentiment.
Standard & Poor's decision to cut Spain's credit rating to one notch above junk status is weighing on markets.