In this study, we report synthesis of water-soluble gold nanoparticles (Au-NPs), having an average diameter of ca. similar to 20 nm, using ciprofloxacin (CF) as a reducing/stabilizing agent. The synthesized Au-NPs have been characterized by scanning electron microscopy (SEM), EDX, TEM, UV-visible spectroscopy (UV-vis), X-ray diffraction and cyclic voltammetry. TEM and SEM combined with EDX analysis confirmed that spherical-shaped Au-NPs were formed. UV-vis spectra of the Au-NPs showed two absorption bands corresponding to the capping agent ciprofloxacin and surface plasmon absorption bands at 274 and 527 nm, respectively. The synthesized Au-NPs are used to modify a glassy carbon electrode (GCE) and its electrochemical and electrocatalytic properties are investigated. The Au-NPs modified electrode showed excellent electrocatalytic activity towards the oxidation of methanol at +0.33 V in alkaline solution, which was not observed on the unmodified GCE. Further, electrocatalytic reduction of oxygen was also studied using the Au-NPs modified electrode at lower potential. Here. CF was used as a reducing agent for the preparation of Au-NPs dispersion. This Au-NPs dispersion is highly stable, and can be stored for more than three months in air at room temperature. (C) 2010 Elsevier Ltd. All rights reserved.