The power in precious metals: Commonwealth Vault
How do you make smart investment moves in uncertain times? To find out, Metropol sat down with Myles Chandler from secure bullion storage facility Commonwealth Vault.
What’s been happening with gold and silver lately?
After a stellar price rise in February, and a fall off for the last few months, both metals have shown strong recent price growth. Gold continues to attract safe-haven demand amid ongoing economic and geopolitical uncertainty (oil and the Strait of Hormuz being a global concern), and more is being accumulated by central banks.
Silver has surged following industrial demand (think electric cars and solar panels) and a tighter physical supply because mines aren’t producing enough silver. This means that above ground stock of silver is being depleted. Recent price rise action for silver and gold has broken key technical levels, drawing in both long-term investors and shorter-term traders.
Why should I consider adding gold and silver to my portfolio?
Precious metals offer diversification that paper assets simply can’t match. They hold their value when currencies weaken, inflation rises, or markets get volatile. For New Zealanders concerned about the relative value of their NZ dollar, a modest allocation provides peace of mind that their wealth isn’t fully exposed to a falling currency, stock market swings or interest-rate surprises.
What’s the best way to invest, and what should I look for?
Physical bullion is still the purest form of ownership. Hold it in your hand and you own it! Look for recognised refiners, clear purity markings, and reputable dealers who offer good brands. Avoid complicated products you don’t fully understand. Keep it simple: quality bars or coins you can hold and store.
How long should I plan to hold gold and silver?
These are long-term holdings. Think in years, not months. Short-term price swings are normal; the real benefit comes from patient ownership through different economic cycles. History shows that consistent, measured accumulation works better than trying to time every peak and trough.
What if something happens to my bullion at home?
From losing track of where you’ve hidden it to fires or thieves threatening you to open your safe, home storage carries real risks. A professional safety deposit box removes that worry. At Commonwealth Vault, your valuables sit in a high-security facility with 24/7 monitoring, private access, and far greater protection than any home safe. Peace of mind for the valuable things that you would hate to have stolen is worth more than the modest rental cost.
I’m ready to take the next step, what should I do?
If you’d like to buy gold or silver, or want secure storage for the items of value you couldn’t bear to lose, contact Commonwealth Vault. Our team can guide you on bullion purchase and show you our state-of-the-art safety deposit facilities. Call 09 200 4848 or visit the website to arrange a confidential appointment. Protect what matters. The best time to start is today.
