Is it permissible to give zakat on gold in the form of feeding and iftar for the poor during Ramadan, or sponsoring an orphan?

Zakat is obligatory on gold if it is prepared for trade, or stored, or for personal use, and Zakat is due on it. It must be paid at the completion of a full Hijri year. Paying the value of Zakat to feed the poor or for their iftar is a matter of scholarly disagreement, and the majority do not permit it. Sponsoring orphans from Zakat funds is permissible if the orphan is poor and has no provider.