Is Gold really all that culturally sensitive?

I'm just asking. I mean, after all, it was Catholic Spaniards who relieved the Inca of all of their Gold in the 16th century, as well as decimating the Inca population. Surely that weak association between a Catholic university and gold would seem to be more insensitive than a culturally neutral word like Warriors.

(To be read with tounge firmly in cheek, thank you)