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The purpose of this paper is to investigate the amount of gold present in natural waters. One hundred and thirty-two natural water samples were collected from various sources and analyzed for gold by the latest techniques. Background values for gold in natural waters range from <0.001 to 0.005 ppb, and anomalous values range from 0.010 to 2.8 ppb. Waters collected from mineralized areas have a mean gold value of 0.101 ppb, whereas waters collected from unmineralized areas have a mean of 0.002 ppb. Some of the high gold values reported in the earlier literature were probably due to interferences by high salt content in the sample and/or lack of proper filter procedures. ?? 1988.