gold gold [gəʊld ǁ goʊld] noun [uncountable]
1. a valuable soft metal used to make jewellery, coins etc, and formerly used in a system in which the value of the standard unit of a currency is equal to a fixed weight of gold of a particular quality:
• On the Commodity Exchange in New York, gold for current delivery settled at $394 an ounce, up $8.60.
• Last year was also a difficult time for gold investors who began to doubt the metal's traditional role as a safe investment.
• South African gold stocks (= shares in gold mining companies ) closed weaker.
— gold adjective :
• gold bars
• a gold watch
2. hit/strike gold informal to make a useful or valuable discovery that will make a lot of money; = strike paydirt AmE
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gold UK US /gəʊld/ noun [U] NATURAL RESOURCES, FINANCE
► a valuable metal that is traded, bought and sold, and is used by some governments as a currency: »
During difficult economic times, gold is considered to be a very safe investment.
Financial and business terms. 2012.