Gold experiences 'flash crash' overnight. Traders debate what may happen next

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018.
Brendan McDermid | Reuters

Gold suffered a "flash crash" overnight, with futures prices dropping $60 in a matter of minutes. Here's what triggered the jarring move and how traders are positioning in light of it.

More In Pro Insight

CNBC ProChipotle, DocuSign, and Netflix are some of today's top stocks to watch: Pro Market Movers Dec. 3
CNBC ProHere are Credit Suisse's highest conviction stock picks heading into December
CNBC ProInsider buying: An energy sector board member picks up more than $4 million of stock