Is there a time limit set by which albums need to reach gold- or platinum-record status?
by 
jtolb65
ANSWERS: 2
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"The RIAA has established the benchmark for a Gold Record as the sale of 500,000 units. Units are defined as sales through retail outlets, record clubs, rack jobbers, and all ancillary markets that legally distribute music. Sales of a million units is recognized by a Platinum Record and, if appropriate, a Multi-Platinum Record. In 1998 the RIAA initiated the Diamond Record awards which honor sales of 10 million copies of an album or single." See the full answer here: http://md.essortment.com/whatisgoldrec_rixf.htm
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To the best of my knowledge, there's no limit time-wise. As long as the required number of sales are reached, the award is given. Hence albums such as "Dark Side of the Moon" rack up another platinum award every few years when another million copies is reached. I know that the Sex Pistols' "Never Mind the Bollocks" album was certified gold in the USA just a few years ago, at least twenty years after it was originally issued.
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