Sales of physical gold reached record heights as investors sought the traditional safety of precious metals.
"Since Sept. 15, I'd say business is up 300 percent," said Mark Albarian, CEO of Goldline, a dealer in bullion and coins.
"A lot of the buying is fear — but a lot is diversification," he told CNBC.
Watch the video for insights from Albarian — and from his customers.
(UPDATE: How has the Fed rate cut affected gold? Click for commodities data.)
Market Vectors Gold Miners ETF
SPDR Gold Shares
Gold Miner Stocks
Disclosure information was not available for Albarian or for his company.