Oil slid for a second day in choppy trade, with Brent posting its biggest two-day drop since September as the U.S. dollar rallied.
U.S. Treasurys prices fell on Friday on jitters over when the Federal Reserve is likely to begin to pare back its bond-buying program.
The U.S. dollar was headed for its biggest weekly gain in almost a year against major currencies on Friday.
Gold settled higher at $1,292 on Friday after hitting near three-year lows sustaining its biggest weekly drop in almost two years after the U.S. central bank signaled an end to QE.
Asian equities moved off session lows on Friday as fears over a liquidity crunch in China eased and as investors engaged in bargain-hunting after the previous day's severe sell-off.
The dollar trimmed its gains versus the euro and yen after data showed the number of Americans filing new claims for unemployment benefits rose more than expected last week.
Brent crude oil futures dropped to $102 in the biggest one-day decline since November as part of a cross-market rout sparked by the Fed plan to wind down monetary stimulus.
Gold hit its lowest in more than 2-1/2 years on Thursday, with investors exiting in droves after the Fed gave its most explicit signal yet that it plans to bring end QE.
Asian equities got hammered on Thursday after the Federal Reserve signaled an end to its bond-buying program while weak factory activity in China added to market gloom.
The U.S. dollar reversed early losses and rose against the euro and yen on Wednesday after the Federal Reserve said it sees diminished downside risks to the economy.
U.S. crude prices settled lower on Wednesday, after the Federal Reserve rendered a widely-expected decision on interest rates.
US Treasurys prices slid as the Federal Reserve chairman suggested the US central bank was prepared to reduce its bond purchases if its economic outlook proves correct.
Gold prices erased earlier gains on Wednesday as investors digested the possibility of tapering and the US dollar rose.
Japan's benchmark Nikkei index soared to a one-week high on Wednesday, underpinned by continued weakness in the yen and optimism about the Federal Reserve's policy decision.
Stocks rallied to finish near session highs Tuesday, with the Dow soaring nearly 150 points, as members of the Federal Reserve kicked off their two-day meeting to discuss the future of the central bank's bond-buying program.
Most U.S. Treasurys prices were little changed on Tuesday, as investors awaited the outcome of the Federal Reserve's two-day meeting.
The U.S. dollar rose for a second day against the yen on Tuesday as some traders bet the Federal Reserve may signal it is almost ready to reduce its bond buying program.
Oil prices ended slightly higher in sluggish trading as the market awaited the Federal Reserve's policy statement that is expected to show whether it will reduce monetary stimulus.
Gold futures settled lower at $1366 per ounce as U.S. equities rallied and bullion buyers took to the sidelines before the conclusion of a two-day Fed policy meeting.
European shares closed mixed on Tuesday, after better-than-expected economic data from Germany, and stock market gains in the U.S.
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