Gold and silver will always have a special place in the commodity market given that demand is always present for these two. They have proven their value and worth in a variety of ways, and they are still the most sought after hedge asset whenever an economical crash occurs. For a couple of centuries now, gold and silver have been in the pedestal for the most reliable investment/asset there is since it's always accepted literally almost everywhere. While it's not always a good thing to buy gold and silver, in dire cases such as an economic crash, it's still better to stash up your gold rather than risk it on failing stocks and securities.
Yeah, gold and silver has always been a major store of value over the years and most especially gold, so one way or the other, like you said, there is always a great demand, but in all essence, even as much as I know that we cannot compare them to the new space when it comes to bitcoin, I would always prefer to at least pick gold, silver and bitcoin when it comes to storage of value in the long term.
The fact always remains that the trend is usually our friends and in a way, we cannot depict what the future holds, so we just have to take calculated risks most of the time.