I completely agree with you that investing in gold or other precious metals isn't a new idea and is unlikely to be a high-return investment. But as for me, this is a good long-term prospect to keep and increase your savings, avoid the consequences of high inflation and try yourself as an investor for newbies. Also, it's great opportunity to invest in gold with a small amount of money, since you don't need to buy a gold bar. You can buy gold investment coins. Here  https://techbullion.com/advantages-and-disadvantages-of-investment-in-gold-coins/ is a good description of such investment, comparing it's advantages and disadvantages. I think that buying gold coins are much better idea than buying a gold bar, since in case of urgent need, coins can be sold much faster than finding a buyer for gold bar.