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No. Aborigines rarely bothered to look for gold, but they were able to trade with the miners. Some of them even became members of the Native Police Corps, and many were employed as "black trackers".

The aboriginal people saw little value in gold for themselves. Gold not be eaten; it could not be used in any practical ways. The Aborigines benefitted more by offering their services as guides to potential diggers looking for new sites. Also, with the wave of workers leaving sheep and cattle stations for the goldfields, Aborigines had better prospects with employment there, rather than the goldfields.

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Q: Was gold valuable to the aborigines?
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