Gold is called 'Hölgi's mound-roof': King Hölgi (who gave his name to Hálogaland) and his daughter Þorgerðr were worshipped, and his burial mound was raised in alternating layers of gold/silver (the sacrificial money) and earth.

Svá er sagt, at konungr sá, er Hölgi er nefndr, er Hálogaland er við kennt, var faðir Þorgerðar Hölgabrúðar. Þau váru bæði blótuð, ok var haugr Hölga kastaðr, önnur fló af gulli eða silfri - þat var blótféit - en önnur fló af moldu ok grjóti. Svá kvað Skúli Þorsteinsson:

It is said that the king named Hölgi, after whom Hálogaland is named, was the father of Þorgerðr Hölgabrúðr. They were both worshipped, and Hölgi's mound was raised: one layer of gold or silver — that was the sacrificial money — and another layer of earth and stone. Thus spoke Skúli Þorsteinsson:

Skaldic quotations

Skúli Þorsteinsson (guld = Hölga haugþak, Hölgis högtak)

Þá er ræfrvita Reifnis rauð ek fyr Svölð til auðar, herfylgins bar ek Hölga haugþök saman baugum.

When I reddened the roof-beacon of Reifnir [the sword] before Svöld to win wealth, I heaped together Hölgi's mound-roof [gold] with rings.