Golden Tools

All the tools can be golden (i'm not too sure about the timer) by completing surtain tasks E.g to get the golden Fishing rod you must catch all the fish in the game.

Shovel: the most easy one because you only need to bury a shovel for one Whole day and no time travelling!
Axe: the hardest because you've got to do loads of trades.
Fishing rod: catch all the fish
Net: catch all the Bugs
Slingshot: hit about 15 presants out of the sky then the next one will be the slingshot
Watering can: make your town perfect for 16 days

Hope this helps
Pyong

Jackieboy Tips:

Yes, Pyong did cover most of it but I might as well answer anyways.

Golden Slingshot:
Shoot down 15 presents from the sky with your slingshot. The 16th present will be the Golden Slingshot.

Golden Net:
Catch every type of bug in the game.

Golden Rod:
Catch every type of fish in the game.

Golden Watering Can:
Keep your town's environment perfect (you can check with Pelly or Phyllis at The Town Hall and ask about the Environment status) for 16 days in a row. Afterwards, Pelly or Phyllis will award you the Golden Watering Can.

Golden Shovel:
Bury a regular Shovel in the ground for 24 hours. Afterwards, dig it back up and it should be a Golden Shovel.

Golden Axe:
1) Go to Joan (a brown pig that comes to your town every Sunday morning 6am-12pm) and ask to buy a Red Turnip. Now, look after it (and by that I mean 15 waterings a day, and yes it can all be done in one go) until the next step. 2) Go to Wendell (a purple-ish walrus that comes to your town on a random day Mon-Fri 6am-12am) and give him the Red Turnip to eat. In return he'll give you either a Country Guitar or a Turban. If he gives you the Turban, go to the next step. If he gives you the Country Guitar, give it to K.K. Slider at some point, get another Red Turnip and try again some other time. 3) Go to Saharah (a camel that comes to you town on a random day Mon-Fri 6am-12am) and after delivering the wallpapers and carpets for her, talk to her and give her the Turban. She will either give you a Red Vase or a Massaging Chair. If she gives you the Massaging Chair, go to the next step. If she gives you the Red Vase, give it to Redd at some point, get another Red Turnip, get another Turban and try again some other time. 4) Go to Tortimer (the Mayor, he'll show up outside The Town Hall at Fishing Tourneys, Bug-Offs, La-Di-Days, New Year's Eve, the Bright Nights, the Flower Fest, and the Fireworks Nights) and talk to him and give him the Massaging Chair. He will give you the Scallop. 5) Go to Pascal (a red otter who shows up at your beach on random days mon-fri (I'm not entirely certain when he ARRIVES but I know he's there in the evenings, 6pm-12am)) and talk to him and give him the Scallop. In return he'll give you the Golden Axe!

Hope I helped!

Yes and once you have all the golden tools go to the mayor on the next event and he will give you the golden timer!

Golden Fishing Rod - Catch every type of fish once.
Golden Bug Net - Catch every type of bug once.
Golden Slingshot - Shoot 15 items out of the sky, then you get it if you shoot it down.
Golden Shovel - Bury a regular shovel in the ground, and then dig it up a full day later. It will then be golden.
Golden Watering Can - Keep the environment perfect for 16 days in a row. Pelly or Phyllis will reward you with the golden can.
Golden Axe - Trade a scallop seashell to Pascal for the golden axe.
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Eonteam123456