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1.
Sugar, as coined by one Homer Simpson. Based off of the common nickname for oil, Black Gold.

see also Texas Tea Sweetener
Homer (after finding a lot of sugar): "We hit the jackpot here...white gold...Texas tea...sweetener!"
von JMan Rickle 11. Mai 2009
 
2.
What the ass of a white girl with a ghetto booty is called.
Damn, Melissa is shaking some white gold back there.
von Pacific Rimshot 8. Oktober 2009
 
3.
Slang term refering to sperm that is sold to a sperm bank.
I went down to the sperm bank, but got kicked out when I asked the nurse if she could give me some help mining for white gold.
von Darren Sutton 2. April 2003
 
4.
Semen; cum.
Ladies love fine jewelry, so I'm always happy to hook them up with some of my white gold.
von Brown Sugar 18. März 2003
 
5.
Adult human semen, when donated to a sperm bank or fertility clinic in exchange for money... usually around $50 a donation. Often a source of quick easy funds for college males.
Frat boy 1: "Can you go in with us for a keg this weekend?"

Frat Boy 2: "I'm broke now, but I'll have 60 bucks to chip in after I drop off some white gold."

Frat Boy 1: "So you've managed to turn your hobby into a business, I see..?"
von david lincoln brooks 27. April 2007