At least it means that gold is impure. Magnets only attract iron. If gold can be attracted by magnets, it means that there is iron in gold.

Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal. Generally speaking, gold in the world is measured in ounces. In ancient China, gold was measured in ounces, which was a very important metal.