Shifty moves: 1,n‐Enynes with propargyl alcohol, ether, or silyl ether units undergo gold(I)‐catalyzed intramolecular 1,(n−1)‐migration via allylgold cations (see scheme). These intermediates have been trapped by olefins, indole, and by a formal intramolecular CH insertion. In the case of aryl‐substituted 1,7‐enynes, a cascade process involving a Nazarov‐type cyclization leads to 6,7‐dihydro‐5H‐benzo[c]fluorenes.