Gold holds up well compared to other assets. And probably there will be very few panic sales now, those who wanted to have already sold. And if there are sales during a further fall, then most likely it will be speculative sales, with the expectation to sell now in order to buy it back later at a cheaper price. This fall, which is associated with the release of the inflation report, will not drag on for a long time, the market will soon recover, and in order for the fall to continue, more negative news is needed...
That is expected since gold is relatively stable than the others. It didn't drop hard so people are going to panic less and will sell not their holdings but they can always continue buying more.
Bitcoin and gold are known as speculative assets so what happened lately can also be called like that (speculative sales) but I think more people will sell at the pump than when the price is dumping because many people are also doing the same thing, making the price dump more successfully than the when it's already dumping as the majority will only buy and hodl their assets and I think that has nothing to do much with the inflation anymore.