The Gold Pickaxe is a third-tier Pickaxe, notable for being the first pickaxe that is able to mine Demonite and Crimtane Ores. It is made from the fourth set of refined ore. It has an alternate ore version, the Platinum Pickaxe, which is slightly improved in speed and strength.
While slower to mine per hit, this pickaxe is an improvement from the Silver Pickaxe. It is still weaker and slower than the Nightmare Pickaxe and others with 65% pickaxe power (power tier 4).
Its best modifier is Light for harvesting purposes and Legendary for combat purposes.
- Its mining speed is 17, compared to Silver Pickaxe's 11 and Tungsten Pickaxe's 19. However Silver Pickaxe will require one more hit to destroy blocks, and therefore Gold Pickaxe is a faster upgrade. Please note that mining stone-like blocks will take 34 time with Gold and 33 with Silver, where dirt-like blocks will take 17 time with Gold and 22 with Silver.