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The palace is originally a classical palace where live King Midas. Acquiering a golden touch from Goldie, he transform it and its subjects into gold before to cruelly constat that this capacity prevent him to eat food. When Goldie retablish it, the palace disapear totally, Midas becoming a poor man In Once Upon a Time, the Golden Palace is the home to King Midas and his daughter, the princess Abigail. It was also here that Midas and King George concludes a pact, solding the arranged wedding between Abigail and The Prince after that this last kill a Dragon terrorizing Midas'kingdom.