Gold 
“Oil prices rose to a record above $142 a barrel on Friday as a drop in global equities markets sent fresh investors into commodities.
U.S. crude was up $1.48 at $141.12 a barrel by 1:04 p.m. EDT, after touching a record high of $142.26 earlier. London Brent crude was $1.18 higher at $141.01 a barrel, after hitting a peak of $142.13.
Global stocks slumped to three-month lows on concerns about the outlook for corporate profits and inflation, putting the Dow Jones industrial average on the verge of entering a bear market for the first time since 2001.
‘The renewed attraction of commodities as an investment vehicle is contrasting with the unattractiveness of the stock market,’ analysts Ritterbusch and Associates said in a research note. ‘As additional traders abandon the stock market, the appeal of commodities as a trading vehicle is enhanced.’
Oil prices have jumped more than 45 percent this year, extending a six-year rally, as supply struggles to keep pace with rising demand from emerging economies, such as China and India.
Additional support has come from a flood of cash from new investors buying up commodities to hedge against inflation and the weak U.S. dollar, which fell further on Friday.
Gold hit a one-month record high, while U.S. corn futures jumped to a fresh record.”
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