Yes, ETFs are the way to go. A few hardcore goldbug types may recommend taking physical possesion, and I don’t necessarily see a problem with that if you are willing to pay for it (1-2% on each side of the trade and a safe-deposit box fee).
I am leery of PM’s right now. I stopped buying about 8 months ago, and I am thinking about taking some off the table. There is hopefully an entry point lower than this. I enjoy both Chris J’s and 4plex’s comments. Chris says he has a short term view and 4plex has a long term view, so I think they are both generally correct in their views.