I've had a couple of instances of laserdisc rot, where there was visible deterioration. However out of my 600-700 CD collection, I've never noticed anything nor heard any popping or dropouts. That's not to say that there could be some minor pitting in there somewhere.
As far as the gold discs go, that was much more of a marketing ploy than anything else. They sounded better (usually) and didn't deteriorate because they were mastered and manufactured better. A properly made aluminum CD should last for decades, and there is no reason why it can't sound every bit as good as a gold CD, which is obvious as most of the finest sounding CDs are on aluminum discs - note all of JVC XRCD, Reference Recordings, Mapleshade, all of the SACDs, DVD-As, etc..