According to The Kobeissi Letter, gold prices have surged over $100 in a single day, reaching $3,345 per ounce (source: @KobeissiLetter, May 5, 2025). This sharp move signals heightened market volatility and increasing demand for safe-haven assets. For traders, this breakout above previous resistance levels could indicate further bullish momentum in the gold market, while also potentially influencing correlated assets such as gold-backed ETFs and precious metal mining stocks. Monitoring price action and volume at these record highs is critical for developing trading strategies.

According to Milk Road, a recent analysis compares the trading performance of Gold and Bitcoin, highlighting that Bitcoin has significantly outperformed Gold in 2025, with Bitcoin showing higher returns and greater volatility. The analysis notes that while Gold remains a traditional safe-haven asset, Bitcoin's price action has attracted increased attention from both institutional and retail traders seeking higher-yield opportunities. The comparison underscores the importance of considering both assets' risk profiles, as Bitcoin's rapid price movements can lead to larger short-term gains or losses compared to Gold. Traders are advised to monitor macroeconomic factors, as both assets react differently to inflation data and monetary policy shifts (source: Milk Road, May 2, 2025).