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Chocobos
You can obtain a Gold Chocobo as soon as your team gets control of the Highwind. All you need is the Chocobo Lure materia, and six stalls for breeding (both are found at Choco Billy's Ranch). I suggest waiting until you get the W-Item materia, otherwise you need to spend a couple million on Sylkis Greens (from the Chocobo Sage). See Tips Page to learn how to use the W-Item Materia to give you infinite items that you can use during a fight.
You need to feed each Chocobo greens (Sylkis greens are the best). I recommend feeding each Chocobo 50-100 greens. It increases their stamina, handling, and speed. After doing this you have to race all your Chocobos to at least A-Class. Go to the Gold Saucer to race. While racing press and hold L1+L2+R1+R2 and your stamina will go down slower. It's pretty hard to race your Great and Good Chocobos up to class S. But your Wonderful, Green, Blue, and Black Chocobos should all be class S. If they are all class S your Gold Chocobo will have better stats.

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Black Chocobo
This chocobo can traverse land, rivers, and mountains. It cannot traverse over deep water.
Breed a Blue Chocobo and a Green Chocobo with a Carob Nut. |
Blue Chocobo
This chocobo can traverse land and rivers. It cannot traverse over deep water.
Breed a Great Yellow Chocobo and a Good Yellow Chocobo with a Carob Nut. |

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Gold Chocobo
This chocobo can traverse any terrain and deep water.
Breed a Black Chocobo and a Wonderful Yellow Chocobo with a Zeio Nut. |
Green Chocobo
This chocobo can traverse land and over mountains.
Breed a Great Yellow Chocobo and a Good Yellow Chocobo with a Carob Nut.
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Yellow Chocobo
This chocobo can traverse on land and beaches only.
Location:
Chocobo Ranch Area (Poor & Weak)
Junon Area (Poor & Fair)
Gold Saucer Area (Average & Good)
Rocket Town Area (So-So & Great)
Wutai Area (Average & Fair)
Mideel Area (Great & Fair)
Icicle Area (Weak & Wonderful) |
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