The Circum-Pacific subduction zone is a famous gold metallogenic domain in the world, with two important gold metallogenic provinces, the North China Craton and Nevada, which are related to the destruction of the North China Craton and the Wyoming Craton, respectively. Their ore-forming fluids were possibly derived from the stagnant slab in the mantle transition zone. The oceanic lithospheric mantle usually contains serpentine layers up to thousands of meters thick. During plate subduction, serpentine is dehydrated at depths of <200 km and transformed into high-pressure hydrous minerals, known as Phases A to E, which carries water to the depth of >300 km. The overlying big mantle wedge is hydrated during the breakdown of these hydrous facies in the mantle transition zone. The dehydration of the subducted slab in the big mantle wedge releases sulfur-rich fluid, which extracts gold and other chalcophile elements in the surrounding rocks, forming gold-rich fluid. Because the cratonic geotherm is lower than the water-saturated solidus line of lherzolite, the fluid cannot trigger partial melting. Instead, it induces metasomatism and forms pargasite and other water-bearing minerals when it migrates upward to depths of less than 100 km in the cratonic lithospheric mantle, resulting in a water-and gold-rich weak layer. During the destruction of craton, the weak layer is destabilized, releasing gold-bearing fluids that accelerate the destruction. The ore-forming fluids migrate along the shallow weak zone and are accumulated at shallow depths, and subsequently escape along deep faults during major tectonic events, leading to explosive gold mineralization. The ore-forming fluids are rich in ferrous iron, which releases hydrogen at low pressure through iron hydrolysis. Therefore, decratonic gold deposits are often reduced deposits.