This is the 4922nd most frequent Dutch word.
goud
Gold.
Here, 'gouden' is an adjective describing the ring as being made of or having the properties of gold.
De gouden ring schitterde in het zonlicht.
The golden ring shone in the sunlight.
'Goud' is used here as a noun referring to the material (gold) of the medal.
Hij won een medaille van goud.
He won a gold medal.
In this sentence, 'goud' is used metaphorically to describe the high value of his advice.