What are the merits/advantages of Investments in Gold and Silver?

Merits/Advantages of Investments in Gold and Silver :
(1) Gold. and silver are useful as a store of wealth. They even act as secret assets.
(2) Both the metals are highly liquid. This facilitates easy convertibility into cash at any
time and that too without incurring any loss.
(3) The market price of both the metals is continuously rising. This makes investment
normally profitable. Investment in gold/silver acts as a hedge against inflation.
(4) Investment in gold and silver provides a sense of security to the investor as it has
immediate liquidity.
(5) There is a high degree of prestige value for gold and silver in the society. The benefit
of capital appreciation is also available.
(6) Investment in gold and silver is quite safe and secured. (gold is also scam-free). The
possibility of loss in the investment is practically nil in the case of these metals.
Along with -gold and silver, precious stones such as diamonds, rubies and pearls are also
appealing for long term investment particularly among the rich people. Even art objects
(Antiques) are used for investment purpose. Art objects include paintings, sculptures,
antiques, old coins and stamps, etc. The value of such articles increases with the passage
of time.