Usually means: Valuable crude oil or petroleum.
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We found 17 dictionaries that define the word black gold:

General (11 matching dictionaries)
  1. black gold: Merriam-Webster
  2. black gold: Oxford Learner's Dictionaries
  3. black gold: American Heritage Dictionary of the English Language
  4. black gold: Wiktionary
  5. black gold: Infoplease Dictionary
  6. black gold: Dictionary.com
  7. Black Gold (Jimi Hendrix recordings), Black Gold (Nina Simone album), Black Gold (TV series), Black Gold (band), Black Gold (horse), Black Gold (song), Black Gold (video game), Black Gold, Black gold (jewelry), Black gold (politics), Black gold: Wikipedia, the Free Encyclopedia
  8. black gold: TheFreeDictionary.com
  9. black gold: Longman Dictionary of Contemporary English

Computing (1 matching dictionary)
  1. Black gold (liquid), Black gold (oil): Encyclopedia

Medicine (1 matching dictionary)
  1. Black gold (liquid), Black gold (oil): Medical dictionary

Miscellaneous (1 matching dictionary)
  1. black gold: Wordcraft Dictionary

Slang (3 matching dictionaries)
  1. black gold: Green’s Dictionary of Slang
  2. Black gold: Street Terms: Drugs and the Drug Trade
  3. Black Gold: Urban Dictionary

Definitions from Wiktionary (black gold)

noun:  (informal, idiomatic) Raw petroleum; crude oil.
noun:  Black pepper, in the context of being a historically valuable spice.
noun:  Black-coloured gold, variously produced by patination, deposition, oxidation, etc. and used in jewellery or in high-technology applications.
noun:  Coal.

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