Golden syrup, NZ Food, New Zealand Guide Book - weather, language, music, natural and political history.
By Lin Nah
A very thick Sweet Substance.  a Thick Liquid not Solid.  A byproduct of Sugar.
It is more refined than molasses or Treacle.  Here's the
List in the order of less to most refined
Golden Syrup

Hope that helps
I think that the last time this cyclic thread came round in
cooking it was established that golden syrup is not one of the series of
more or less refined products of crude sugar.  Apparently it is made
according to a proprietory recipe from refined sugar.  The process may
involve blending treacle among other things with the sugar.

Lyndon Watson                    

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