Gold fell below $1,200 an ounce as the dollar steadied, while traders assessed risks that Greece may default and China's new policy measures.
U.S. government debt prices fell on Friday after key inflation data came in a bit lighter than expected.
European markets closed sharply lower on Friday, pressured by Chinese futures and mounting tensions over Greece debt negotiations.
The dollar index traded slightly lower in late-afternoon Friday as the euro extended its gains.
Asian equities traded mixed on Friday after a soft finish on Wall Street, but China's Shanghai Composite index outperformed with a new multi-year high.
Baker Hughes reported on Friday U.S. drillers took fewer rigs out of oilfields after the biggest drop in a month the previous week.
Gold edged back above $1,200 an ounce but stayed on track for a second straight weekly drop as a run of downbeat U.S. data fueled uncertainty.
U.S. stocks closed mildly lower as stocks struggled to hold gains from higher oil prices, amid investor focus on earnings.
U.S. government debt prices edged higher on Thursday after three members of the U.S. Federal Reserve presented their views on the economy.
European equities closed lower on Thursday after mixed first-quarter earnings reports and as Greece's economic outlook deteriorated further.
Brent crude oil hit 2015 highs above $63, and analysts said more price rises were likely despite market oversupply.
The dollar was on track for its biggest daily decline against a basket of major currencies in nearly two weeks on Thursday.
U.S. stock index futures pointed to a lower open on Wall Street on Friday, as investors eyed declines in overseas markets and looked at inflation data that could influence Federal Reserve policy on interest rates.
Gold prices slipped below $1,200 an ounce on Thursday, after rising earlier in the session on a softer dollar and weak data on U.S. industrial production.
Asia's equities joined their global peers to rise on Thursday, with China's Shanghai Composite index finishing at a fresh multi-year high.
U.S. stocks closed higher as oil hit highs for the year and investors continued to digest financial earnings and economic reports.
U.S. stock index futures indicated a lower open, as financial earnings continue to dominate news flow and economic data continued to indicate tepid growth.
U.S. government debt prices slipped on Wednesday after the Federal Reserve said U.S. economic growth has been "slight" and "steady."
Asian stocks saw choppy trade on Wednesday following China's first-quarter gross domestic product.
European equities closed higher on Wednesday, unchanged after the European Central Bank (ECB) announced its monetary policy decision.
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The U.K. will put "security first," the finance minister said. Plus, he scrapped plans to cut welfare payments to low-paid workers.
China’s slowdown could pose risks for the euro area ranging from falling exports, capital outflows and exchange rate fluctuations, the ECB has said.
The European Central Bank said on Wednesday it would temporarily pause its asset purchase program, resuming the purchases on January 4.