Fund operators are shifting back into metals ahead of the new quarter. Many are now targeting to test gold to $600 soon.

There's been a flow of funds from U.S. bonds to gold, and that is providing support for the market.

Funds are putting more money into oil because of rising geopolitical risk about Iran. Gains in Tokyo reflect records abroad.

Crude today is pushed up by gasoline. Gasoline prices in New York are higher as we approach the driving season, and because of concern that supplies may be limited because of issues with the new specification.

There will be dips as players take profits ... but the market continues to set its sights on reaching $600.

As to those who hoard gold and silver and spend it not in God's path, give them, then, the tidings of a painful agony: on a day when these things shall be heated in hell-fire, and their foreheads, and their sides, and their backs shall be branded therewith.