Is Zakat obligatory on gold stored for emergencies that yields no return, and how can this Zakat be paid?

Zakat is obligatory on gold designated for savings if it reaches the nisab (minimum threshold) and a hawl (one lunar year) passes over it. The hawl begins from the hawl of the money with which the gold was purchased. The default is to pay Zakat from the gold itself, but it is permissible to pay it in cash. If you do not possess cash, then pay Zakat from the gold itself or by selling it and giving its value in cash, then delivering it to one of the eight categories of Zakat recipients.