Crude lost early gains, as a combination of slower Chinese growth figures and a surprise surge in U.S. crude inventories tamed the rally.
The yen fell against the dollar and the euro on Wednesday, on pension fund comments by Japan's finance minister.
Asian equity markets ended mostly higher on Wednesday following a better than expected growth report from the world's second biggest economy.
Stocks rose on Tuesday after earnings from Dow components Coca-Cola and Johnson & Johnson.
U.S. stock index futures traded higher on Wednesday, ahead of a busy day for bank, tech and pharmaceutical earnings.
Concerns over escalating conflict added to bond purchases, after a gauge of manufacturing in NY earlier grew at a slower rate than the previous month.
Gold ended near a three-week high as mounting tensions in Ukraine curbed investor appetite for risk, boosting bullion's appeal a safe haven.
Selling accelerated after gold broke through its 200-day moving average of $1,300, a key level where many traders placed their stop-loss orders.
The yen fell on Wednesday, hit by comments by Japan's finance minister that traders took as a sign of a weaker yen.
Asian equities were mixed on Tuesday after data showed money supply in the world's second largest economy grew its weakest pace in more than decade.
U.S. stocks rose on Monday, with equities rebounding from the S&P 500's worst week since 2012.
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
U.S. Treasury prices held steady on Monday, as nervous investors continued to pull out of international stock markets.
European shares recovered from earlier losses to close higher on Monday, after U.S. retail data surpassed estimates.
The metal largely ignored data signaling stronger jobs growth, with the number of Americans filing for new unemployment benefits tumbling last week.
Crude was boosted by strong data and concerns over escalating tensions between Russia and Ukraine that may disrupt supply.
The euro fell after the European Central Bank said it will be forced to ease further if the currency keeps going up.
Asian equities were mostly lower on Monday following declines on Wall Street and as tensions between Ukraine and Russia weighed on sentiment.
U.S. stocks declined sharply for a second session Friday.
Stock index futures pointed to a lower open, as the global tech selloff continued and geopolitical concerns about Ukraine and Russia weighed.
Get the best of CNBC in your inbox