 Released by the club in 1950 without playing a first team game, Gauld appeared in the Highland League for Huntly and Elgin City before joining League of Ireland side Waterford.Gauld was the top goalscorer in the 1954–55 League of Ireland season with 30 goals.He went on to play in the Football League for Charlton Athletic, Everton, Plymouth Argyle and Swindon Town, who he joined for a club record fee.