Gold and silver are similar to many assets making us a balances investment portfolio, much like shares, bonds and property. Metal value can quickly move upwards and downwards, affected by many factors. For centuries, gold and silver have been considered a safe haven from currency devaluation and as a preservation of wealth.
This attitude persists today and it is the reason why in the current economic environment has created a need for investors to preserve their savings and protect their portfolios from volatility and other economic shocks. The use of precious metals in these portfolios help provide long term balance in any prudent investment portfolio.