The Gold Elixir occupies a liminal position in the depth-psychology corpus, functioning simultaneously as material substance, cosmological symbol, and psychological telos. Within Western alchemical hermeneutics, as systematized by Jung and elaborated by Abraham, von Franz, and Hillman, the gold elixir designates not common metal but the perfected product of the opus alchymicum — a red tincture capable of transmuting base matter and, by psychological extension, of transforming the leaden psyche into its most luminous potential. Hillman insists that alchemical gold is irreducibly ‘fantastical,’ belonging to the language of divine embodiment rather than material chemistry, and that the red elixir specifically signifies an active, incarnated, universal medicine. Abraham’s lexicographic work traces the elixir’s identity across the stages of the opus — from its emergence at fermentation through its projection upon base metals — while noting its synonymy with the philosopher’s stone and the tincture. The Taoist dimension, surveyed by Kohn and Cleary, grounds the gold elixir within Chinese neidan and waidan traditions, where elixir compounding re-enacts the cosmogonic process in reverse, each stage dissolving a cosmological configuration toward primordial Oneness. Jung’s Mysterium Coniunctionis positions gold-making as chrysopoeia, a miracle wrought by hidden nature rather than chemical craft. Across these traditions, the gold elixir marks the convergence of immortality, psychic wholeness, and the divine.