Precious metals such a gold and silver are popular investment options throughout the history of mankind. Due to their investment demand, scarcity, domestic and industrial consumptions, this creates high intrinsic value in precious metals to be treated as safe-haven assets.
Safe-haven assets mean that precious metals can be an insured investment that retains or increases in value during times of political turmoil or market volatility. Many seasoned investors hold metals as part of a balanced portfolio, as these are generally considered hedges against inflation.