Toronto stocks closed lower on Friday, reversing three days of gains, as mining shares slumped along with metal prices.

The S&P/TSX composite index closed down 33.17 points, or 0.3%, at 13,111.57.

For the week, the benchmark index gained 1.4%.

Overall, five of the 10 main TSX groups were lower. A 1.7% fall in the materials sector dragged down the broader index as the price of gold fell to below US$650 and base metals prices also dropped sharply on a fund-driven sell-off.

Among gold stocks, Goldcorp Inc. shed 79¢, or 2.4%, to $32.32, while Barrick Gold Corp lost 9¢ to finish at $35.51.

Losses were seen among base-metal miners such as Teck Cominco Ltd., which shed $3.99, or 4.5%, to $84.32, while Inmet Mining slid $3.19, or 5.2%, to $58.25.

Energy companies added a slim 0.05%, despite a spike in crude oil, which jumped $1.72, or 3% to US$59.02 a barrel.

Oil got a lift from a continued cold snap in Canada and the United States.

Talisman Energy Inc. rose 12¢, or 0.6%, to $21.04 and EnCana Corp. was up 14¢, or 0.3%, at $57.12.

The junior S&P/TSX Venture composite index was off 14.59 points to 2,971.62.

The Canadian dollar was down 0.48 of a cent to US84.35¢.

In New York, U.S. blue-chips eased on Friday after data showing moderate job creation in January suggested the Federal Reserve will not cut interest rates yet.

The Dow Jones industrial average fell 20.19 points, or 0.16%, to 12,653.49, while the S&P 500 rose 2.45 points, or 0.17%, to 1,448.39. The Nasdaq composite index gained 7.50 points, or 0.30%, to 2,475.88.