"This is something that Alex (McLeish) hasn't done before in terms of going out into the transfer market having got a team promoted to the Premier League, time will tell," Gold told the Birmingham Mail.
"David Sullivan is working very well with Alex and they have a great relationship when it comes to negotiations. Alex has still got time to run, there's still a couple of months to go of the summer transfer window and we are all optimistic that we are on the right track.
"There's still some way to go, I wouldn't say things are falling into place just yet, the next couple of weeks will give a better indication of that.
''But my ultimate belief is that we will complete our programme of getting the people that Alex wants, obviously ideally he'd like to bring in a lot more than Birmingham City could afford.
"I have every confidence that we will be looking forward to starting the season with some very exciting players.
"We don't want to blow up expectation as we have done before but we are quietly optimistic that we are going to pull off one or two signings that will set the season alight."