Abstract Aggregates and euhedral crystals of native gold were found in sublimates formed during New Tolbachik Fissure Eruption in 2012–2013 (NTFE). Gold-bearing sublimate samples were taken from a red-hot (690 °C) degassing fracture in the roof of an active lava tunnel 1.5 km from active Naboko cinder cone in May 2013. The gas condensate collected at 690 °C in this site contains 16 ppb Au, 190 ppb Ag and 1180 ppm Cu compared to 3 ppb Au, 39 ppb Ag and 9.7 ppm Cu in the condensate of pristine magmatic gas sampled at 1030 °C. The 690 °C volcanic gas is most likely a mix of magmatic gas and local snow buried under the lava flows as indicated by oxygen and hydrogen isotope compositions of the condensate. The lower-temperature gas enrichment in gold, copper and chlorine is resulted from evaporation of the 690 °C condensate during forced gas pumping at sampling. Native gold was also found in fumarolic encrustations collected from caverns in basalt lava flows with temperature up to 600 °C in June 2014, in a year after eruption finished. The native gold precipitation in newly formed Cu-rich sublimates together with the well known gold occurrences in cinder cones of 1975–1976 Large Tolbachik Fissure Eruption manifest a transport capability of oxidized volcanic gas.