Typomorphic features of supergene gold in karst cavities were studied in the recently discovered Au–Te–Sb–Tl deposit within the Khokhoy gold ore field of the Aldan-Stanovoy auriferous province (Aldan shield, East Russia). Two morphological types of supergene gold, massive and porous, are recognized there. The first type is represented by gold crystals and irregular mass, with the fineness ranging from 835 to 1000‰. They are closely associated with goethite, siderite, unnamed Fe, Te, and Tl carbonates, Tl tellurites/tellurates and antimonates, as well as avicennite with a Te impurity. The second type is represented by mustard gold of two types with different internal structure: microporous and dendritic. The supergene gold is characterized by persistently high fineness. Along with Ag, it invariably contains Hg (up to 5.78 wt%) and Bi, and, rarely, Pb, Cu, and Fe. The supergene gold is chemically homogeneous, and its particles are all marked by high fineness, without any rims or margins. The obtained characteristics made it possible to prove the existence of two genetic types of supergene gold. Mustard microporous gold is the result of the decomposition of the associated minerals—goethite, Tl oxides, tellurium, Fe, Mn and Tl carbonates and antimonates, containing microinclusions of gold. Massive gold and dendrites are newly formed. The decomposition, remobilization, and reprecipitation of residual gold nanoparticles and their aggregation led to the formation of dendrites, and with further crystal growth and filling of pores, to gold of massive morphology. In terms of morphology, internal structure, fineness, and trace element composition, supergene gold of the Khokhoy gold ore field is comparable to gold from the Kuranakh deposit (Russia) and the Carlin-type gold deposits. It also is similar to spungy and mustard gold from Au–Te and Au–Sb deposits, weathering crusts, and placers. Its main characteristic feature is a close paragenesis with Tl minerals.