It’s funny that alchemy was kinda onto something, but underestimated the energy requirements by orders of magnitude of orders of magnitude
The conversion is also very slow. And expensive. To make it this way it would cost a Quadrillion dollars an ounce.
https://www.scientificamerican.com/article/fact-or-fiction-l...
Once you get past the enormous energy costs to do this you have a secondary problem, all the gold produced this way is radioactive and it beta decays to.. Mercury.