Seafloor massive sulphide (SMS) deposits are variably enriched in precious metals including gold. However, the processes invoked to explain the formation of auriferous deposits do not typically apply to mid-ocean ridge settings. Here, we show a statistically significant, negative correlation between the average gold concentration of SMS deposits with spreading rate, at non-sedimented mid-ocean ridges. Deposits located at slow spreading ridges (20-40 mm/a) have average gold concentrations of between 850 and 1600 ppb; however, with increasing spreading rate (up to 140 mm/a), gold concentrations gradually decrease to between similar to 50 and 150 ppb. This correlation of gold content with spreading rate may be controlled by the degree and duration of fluid-rock interaction, which is a function of the heat flux, crustal structure (faulting) and the permeability of the source rocks. Deposits at ultraslow ridges, including ultramafic-hosted deposits, are particularly enriched in gold. This is attributed to the higher permeability of the ultramafic source rocks achieved by serpentinisation and the inherent porosity of serpentine minerals, combined with relatively high gold concentrations in peridotite compared with mid-ocean ridge basalt. Variations in fluid chemistry, such as reducing conditions and the potential for increased sulphur availability at ultramafic-hosted sites, may also contribute to the high concentrations observed. Beehive chimneys, which offer more favourable conditions for gold precipitation, may be more prevalent at ultramafic-hosted sites due to diffuse low-velocity venting compared with more focussed venting at basalt-hosted sites.