MW: Oil futures lower; gold gains after jobs report
By Claudia Assis
SAN FRANCISCO (MarketWatch) -- A report showing U.S. employers added the fewest jobs to the economy since September contributed to sink oil futures nearly 2% and lift gold futures almost 1% on Friday. Oil for July delivery CLN11 -1.74% retreated $1.84 to $98.55 a barrel on the New York Mercantile Exchange. Gold for August delivery GCQ11 +0.66% advanced $11.20 to $1,544.10 an ounce on Nymex's Comex division. Growth-oriented metals such as silver and copper traded lower as the jobs report renewed fears of diminished demand amid an economic slowdown.
