A summary of trading in key commodities markets overseas:
Global oil prices rebounded from the prior day's losses, finding support from robust demand data in China and dollar weakness after a disappointing US jobs report.
The main US futures contract, West Texas Intermediate for February delivery, finished the day at $US92.72 ($A104.57) a barrel, a gain of $1.06 from Thursday's closing level.
The European benchmark, Brent North Sea crude for February, rose 86 cents to settle at $US107.25 a barrel in London trade.
The WTI price had fallen Thursday to its lowest level since May 1, weighed down by high US crude and product stockpiles that suggested supplies continue to outpace demand.
But on Friday, WTI pushed higher, solidly wiping out the prior day's 67-cent loss.
Gold futures climbed as investors recalibrate their expectations for Federal Reserve policy after a much weaker-than-expected reading on the US labour market.
The most actively traded gold contract, for February delivery, on Friday rose $US17.50, or 1.4 per cent, to settle at $US1,246.90 a troy ounce on the Comex division of the New York Mercantile Exchange, the highest settlement since December 10.
Gold jumped after the Labor Department reported surprisingly weak US hiring gains for December, causing some traders to reassess their expectations for how quickly the Federal Reserve will roll back its support for the economy.
Some investors view gold as a hedge against declines in the greenback, or the inflation that can follow the central bank's stimulus.
Copper futures closed higher on the London Metal Exchange (LME) after a weaker-than-expected US employment report boosted hopes of an extended period of commodities-friendly economic stimulus.
At the PM kerb close on Friday, LME three-month copper was up 1.2 per cent at $US7,300 a metric ton. Aluminium was up 0.9 per cent at $US1,765 a ton.
The US added 74,000 new jobs in December, the Labor Department reported, far short of the 200,000 median forecast from economists in a Dow Jones Newswires poll.
The report marked a surprisingly weak end of the year for the country's labour market and potentially complicates the Federal Reserve's plans for a further scaling back of its stimulus efforts.