I think the idea of investing in gold is an interesting one, because it can be profitable on the other hand sometimes the price of gold can go down and up but I think the price is still stable, and makes the choice to invest in it, there are indeed many considerations even though gold tends to go up but the main thing when we want to invest in gold is to know and monitor the movement of gold prices on the market.
Gold can be volatile but not as volatile as cryptocurrencies but this also does not mean that gold is totally risk free. There are still risks to be considered if you were to invest in gold but due to gold's rarity and limited amount of supply, its price is to be always assumed to go up. This is why people use gold to fight against inflation and is also the very reason why a lot of people compare bitcoin to gold.