"Physical gold" refers to gold in its tangible form, such as gold coins, bars, or jewelry. It is not in the form of stocks, certificates, or other non-physical representations of gold. Full definition
Traditionally, people invested in physical gold bars, coins and jewelry. (indexologyblog.com)
It is fine to own a few pieces of physical gold for the pleasure of it but you will soon become concerned with safety and safe - keeping issues. (GoldMutualFunds.org)
Despite being highly correlated, gold miners are not a good substitute for physical gold from an asset allocation perspective. (blackrockblog.com)