More than a quarter of Americans now view gold as the best long-term investment

Gold is holding above $2,000 an ounce, but it's not making any new significant gains. And silver is down more than 6% in the last five days.

Weaker economic data has reignited recession fears, keeping gold and silver on the sidelines because of lower demand expectations.

 

Here's a look at Kitco's top three stories of the week:

3. Palantir sells all of its gold-bar holdings worth $50 million

2. Confidence in Fed Chair falls to lowest on record as Jerome Powell attempts to balance inflation fight with banking crisis uncertainty – Gallup poll

Americans' approval of gold as best long-term investment doubles from last year, says Gallup survey

1. Gold price should be at $2,200 right now, U.S. dollar is overvalued by 20%, says BCA Research

By

Anna Golubova

For Kitco News

Time to Buy Gold and Silver

David