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That's Gold is a hand gesture in Australia. It is used to say that something is excellent. It was invented by Paul Harragon who is a host of the The Footy Show. Each week in a segment he shows to the audience photos and videos which are worthy of That's Gold.
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How To Perform That's Gold
That's Gold is performed with the person holding their left hand flat pointing to their right. The right hand is made into a fist and brought down onto the left hand.
Initially it was performed with the thumb up, but after some wrongful complains where people misunderstood the gesture as "the finger", the thumb was taken down.
Song
Paul Harragon recorded a song called 'That's Gold' with proceeds going to charity. The song is based on the Spandau Ballet 80s hit of the same name, with the endorsement of the original artists.
That's Gold debuted at #6 on the ARIA Single Charts and #2 on the Physical Charts (#1 in NSW) on 3 September 2007.