The recent falls in the price of gold have led to a lot of speculative investors choosing to buy the precious metal in the hope its value begins to rise again soon.
Alan Demby, founder of the Scoin Shop chain, which has a presence in the Westfield shopping centre in London, stated some view the decrease for gold as a "tremendous" buying chance.
"Since the gold price has dropped, we have seen an enormous interest in buying gold at what is seen as a competitive rate," he told the Daily Telegraph.
Mr Demby also pointed out many of the firm's existing clients in both the UK and South Africa want to make the most of gold's value having dropped since the start of the year.
Joni Teves, precious metals analyst at UBS, recently noted physical markets have responded strongly to the falls in the value of gold over the course of the last few months.
In a note to clients, the specialist said physical flows to Asia are up in particular, the Financial Times reported.
Find out about commodities trading and learn CFD strategies at City Index
StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.