Gold Recovers After 15% Drop, Silver Surges: Middle East Tensions Fuel Rally

• Gold and silver prices show strong recovery after gold's biggest monthly decline since 2008 financial crisis.
• Gold crosses $4,600, silver jumps over 3% on COMEX; investors see decline as buying opportunity.
• Escalating Middle East tensions, particularly White House signals on Iran and Houthi rebel activity, drive investors to safe-haven gold.
• US Federal Reserve Chairman Jerome Powell's 'wait and watch' stance on interest rates reassures investors, positively impacting gold.
• Experts predict gold could reach $4,700-$4,800 if dollar weakens or Fed softens stance; silver to remain volatile.