A single-step synthesis of gold nanoparticles with an average diameter of similar to10 nm from hydrogen tetrachloroaureate(III) hydrate (HAuCl(4)(.)3H(2)O) has been achieved in air-saturated aqueous solutions that contain poly(ethylene oxide)-poly(propylene oxide)-poly(ethylene oxide) (PEO-PPO-PEO) block copolymers but not any other reducing agent. These amphiphilic block copolymers act as both reductants and colloidal stabilizers and prove very efficient in both functions. The formation of gold nanoparticles is controlled by the overall molecular weight and relative block length of the block copolymer. The synthesis procedure reported here is environmentally benign and economic, as it involves the minimum possible number of components: it uses water as the solvent, it uses commercially available polymers, it proceeds fast to completion, and it results in a "ready-to-use" product.