Gold like new money
This is a curious juxtaposition of old and new money here. Gold is associated with old money, but Nick chooses to compare it to brand new money from the mint. This may be his way of saying he hopes the “old money” ideas that Midas and others had will help him become rich and part of “new money”.
To help improve the meaning of these lyrics, visit "The Great Gatsby (Chapter I)" by F. Scott Fitzgerald and leave a comment on the lyrics box