NEW YORK: Precious metals tumbled on Friday, with gold sliding the most in one day since Oct. 17, as surprisingly strong U.S. employment data lifted the dollar.
Oil rose as traders covered short positions ahead of the weekend, U.S. soybean futures rose to a two-week high and corn futures rose for the first time sine Oct. 29, bolstered by government crop data. Orange juice futures posted the biggest gains on the Thomson Reuters Core Commodities index, which settled up 0.45 percent, with gains in 13 of the 19 commodities it tracks.
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