Gold snaps 7-day losing streak but posts weekly loss

Gold snapped a seven-day losing streak on Friday after data showed the U.S. economy created fewer jobs than expected in November. But the precious metals still closed out the week 1.5% lower.

Gold for December delivery GCZ4, +3.16%  climbed $27.20, or 2.4%, to settle at $1,169.80 an ounce. December silver SIZ4, +2.58%  gained 30 cents to $15.71 an ounce.