Reddit gold is a way of rewarding someone for an outstanding post or comment, using real-life money.When you award Reddit gold to someone, they get to use Reddit Premium (which includes 100 gold coins) for a week, and it shows a gold award on their post or comment. It costs 500 coins ($1.99USD) to give out a gold award.There are also two other options, silver, which shows a silver award on the comment or post, and platinum, which gives the recipient a month of Reddit Premium and 700 coins, plus their post/comment shows a Platinum Award on it.