treasury gold, including the legal reserve, not restricted to the redemption of gold certificates or other specific uses.
Mining. gold found in loose particles or nuggets, as in a placer mine.
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Origin of free gold
First recorded in 1895–1900
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
British Dictionary definitions for free gold
gold, uncombined with other minerals, found in a pure state
US the excess of gold held by the Federal Reserve Banks over the legal reserve
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012