A new method is developed for the. solvent extraction of gold with diluted tributyl phosphate. In this method, 50% tributyl phosphate in toluene extracts gold quantitatively from 3Mhydrochloric acid containing 2Mlithium chloride as the salting-out agent. Gold from the organic phase is stripped with 1Mammonium hydroxide and determined photometrically as its complex with stannous chloride. It is possible to extract gold in the presence of a large number of ions.