The most common and most likely answer to this crossword clue is the 2 plus 6 letter word EL DORADO
I've seen this crossword clue in The Daily Telegraph
E
L
D
O
R
A
D
O
More clues leading to the result EL DORADO
- Turnover of old bar in valley where wealth abounds
- English lord stirred trouble in fabulous location
- Road touring date snapped up by rock group — good place to make money
- Rich source, fish served with last drops of sardine oil
- The Italian girl has a party in the Land of Promise
- Dole wasted taking wrong road leading to city of gold
- Artist on dole organized party in city of riches
- Road led fancifully round city of gold
- Disgustingly loaded, having gold deposited — here?
- Terrible ordeal before party in fabulous place
Buddy explains!
The straight part
We know that "city of gold" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case city of gold = el dorado.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.