Things You'll Need
Instructions
Using your ocarina, play the "Song of Time" to start a new three-day cycle--this is your "time machine" in Majora's Mask and essential to play. You'll need as much time as you can get to complete the tasks necessary to obtain the gilded sword.
Go directly to the Snowhead Temple, defeat Goht and unfreeze the Goron Village.
Give the blacksmiths the 100 rupees and kokiri sword so they can produce the razor sword, which you will later upgrade to the gilded sword.
Go to the Goron racetrack wearing the Goron mask. You must win first place in the race against the Gorons in order to get the gold dust. If you fail, try again. It is the only way to get a bottle of gold dust.
Once you have the gold dust, exit the Goron racetrack and head over to the blacksmiths shop. Get the razor sword, then give it back with the gold dust. This will allow them to sharpen it into the more powerful and permanent gilded sword.
Wait 24 hours (game time) before returning to the blacksmiths shop to obtain your new gilded sword. If you play the "Song of Time" or run out the clock (thus returning to Day One) before getting the sword, your progress will be lost and you'll have to start over.