According to The Kobeissi Letter, gold funds experienced a record net inflow of approximately $8 billion three weeks ago, driving the 4-week moving average of inflows to an all-time high of $4 billion. This surge in capital suggests unprecedented demand for gold as a safe-haven asset, indicating strong bullish sentiment in the gold market and potential trading opportunities for both short-term momentum traders and long-term investors (source: The Kobeissi Letter, May 5, 2025).