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That's Gold 

To describe something or a situation that is classic and/or priceless, like the ability of gold to stand the test of time and hold value. The term can be used to describe some epic adventure, great conquest,or just as a sarcastic remark to someone to patronize them.
dude: I slammed that hot redhead from the bar last nite.

dudes friend: That's gold!

example 2

tool : I just put a spoiler on the back my cavalier, it's so cool!

dude: Yeah that's gold.
That's Gold by TV CAR April 8, 2010
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That's Gold 

To clench one's right fist and slam it down on one's left palm.

Performed when something funny or exciting is, has or is about to occur.
-That's Gold
-Footy Show
-Harragon
That's Gold by Chaz36 September 4, 2005

That's gold, Jerry! 

A quote by the character Kenny Bania from the television series, Seinfield.

It is used to describe a statement full of perceived value or greatness.

It is best used when referring to something that is funny.

Similar to the phrase: "That's classic."
Jerry: "Why do they call it Ovaltine? The mug is round. The jar is round. They should call it Roundtine."

Kenny: "That's gold, Jerry! Gold."
That's gold, Jerry! by jahroy June 14, 2013

That's gold Jerry! 

Taken from an episode of "Seinfeld", this is used to praise something very funny or entertaining.
"Did you read the story about the guy with no arms and legs who wants to enter the PGA tour? That's gold Jerry! Gold!"
That's gold Jerry! by DSBJ March 4, 2003

That's a gold hat, cool cat 

Australian slang

Gold hat: a great idea

Cool cat: a cool, chill person
Person 1: I think we should order pizza tonight. What do you say man?

Person 2: That's a gold hat, cool cat!

Is that's the gold standard we go by now a days?

Is that the gold standard we go by now a days?- is a phrase that is used when someone descripts a certain standard of a people in a conversation. This usually is a duh factor answer.
Person 1- The girl I'm dating now wants me to call her mommy when I see her.

Person 2- Is that's the gold standard we go by now a days?

thats gold 

When something is good, funny or generally entertaining...
Person 1:"Rosa fell down the stairs at school today"
Person 2:"Thats Gold!"
thats gold by Mechanical Animal April 30, 2006