No.
But a simple twisted pair, or braided cable like the unimposing Kimber PBJ can be superior to any coaxially shielded cable except where there is serious RF interference. When that the twisted pair is pure solid core silver soft temper wire in Teflon there is nothing at any price that can provide greater resolution and transparency of an audio signal.
Twisted wire has a self shielding property. Steve Lampen at Belden Wire has been saying for a very long time that a shield is not necessary for digital and line level analog audio as long as the wires are tightly twisted. Not having a shield does not pass noise as long as the cable is kept a few inches away from power cables or crossed at about a 90° angle if necessary for minimal exposure.
But not having a shield does give the cable a lower capacitance, resulting in greater transparency, detail, and high-frequency extension.
... from the blog at https://silversolids.com