The Goldbrand is an ancient artifact, which takes the form of a golden katana. It was created by the dragons of the North. According to the legends of thieves, it was given to a great knight who was sworn to protect the dragons. It contains the power of the Daedric Prince Boethiah, and burns those that it strikes.
In 3E 427, the Nerevarine discovered the sunken shrine to Boethiah beneath the waves, west of the small village of Hla Oad in the Bitter Coast region of Vvardenfell. The Daedra was upset that his shrine had been allowed to remain in ruins, and ordered the Nerevarine to erect a new shrine in return for the Goldbrand. The Nerevarine funded an Orc sculptor to create the shrine at Khartag Point, a landmark northwest of Gnaar Mok. When the statue was complete, Boethiah rewarded the Nerevarine with the Goldbrand. The blade is said to have been able to be empowered under mysterious circumstances and dubbed Eltonbrand.  It is unclear if the Nerevarine pursued this transformation, or if it was sold to Torasa Aram and put on display in the Mournhold Museum of Artifacts later that same year.
In 3E 433, the Champion of Cyrodiil visited the Realm of Boethia and partook in the Tournament of Ten Bloods. After defeating all nine of Boethiah's Chosen in mortal combat, Boethiah declared the Champion as his Chosen One, gifting the Goldbrand as a boon.
In 4E 175, Goldbrand was wielded by a Dremora named Reive, who was in the service of Thalmor general Lord Naarifin. Reive was slain by the Forgotten Hero, who may have wielded the Goldbrand at the Battle of the Red Ring while impersonating Emperor Titus Mede II. This led to a pervasive rumor that Titus II wielded it at the battle, although this has never been officially confirmed by the Imperial government.