Gold & Silver Forecast: $4,900 Flash Crash, CPI Next - Rebound or Deeper Drop?

The precious metals market is currently navigating a period of intense volatility following a dramatic “liquidity event” on February 12. After a sharp cross-asset liquidation that saw gold drop over 3% and silver plunge nearly 11%, both metals are staging a cautious recovery as bargain hunters step in ahead of today’s critical US inflation data.