Absolutely yes! Gold is an age old investment asset and also known for its stable price. So Gold has always been a preferred investment for many so safeguard their capital investment. However, instead of physical gold, I always preferred Gold ETF (exchange traded fund). Physical gold required secured place to store, probably a bank locker or something similar, so it requires a maintenance cost.  

On the other hand, Gold ETF is a de-materialized form of gold which can be stored in your demat account just like any other share certificate. And it can be sold in an exchange at any time. So it is also liquid in nature. So if you need an urgent cash, you can sell it in an exchange without paying any extra charges. So I prefer gold in ETF form for my capital investment security.