The bullion boom

by Metropol | May 13, 2026 8:33 am

Myles Chandler of Commonwealth Vault unpacks three reasons why bullion is an investment to back in a 2026 economy.

1. ‘If I can’t hold it, I don’t own it’.
   Physical gold and silver are real and have zero counterparty risk – you own the metal outright. It can’t be frozen, hacked, or defaulted on like bank deposits, bonds, or ETFs. Many people want assets they can physically hold in their hands, especially after seeing bank failures, account freezes, and market crashes.
2. Loss of trust in financial systems, institutions, and currencies.
   Many investors now see the New Zealand dollar and other currencies as less reliable due to massive government debt, persistent inflation, and the ability for the government to print more money (‘quantitiative easing’).
3. Gold has held its value for thousands of years.
   This is something paper assets cannot claim. This, and the fact Central Banks have been buying gold at record levels makes investors look again at bullion. The surge in physical bullion buying in 2026 is less about short-term speculation and more about people worried about the long term structural issues.

Source URL: https://metropol.co.nz/the-bullion-boom/

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