"Every gold rally ends with someone being thrown out of a helicopter," says Daniel Sacks, gold fund manager for Investec Asset Management. In spite of this cynical attitude, and in spite of the fact that gold has recently soared in price, Mr Sacks thinks the precious metal will continue to be a good investment for some time to come.

Evy Hambro, a fund manager on the natural resources team at BlackRock, concurs. "The gold market is a fascinating market and it's capturing people's imagination."