The Hammers declared their interest in moving to Stratford in January while Spurs are making an 11th-hour effort to land the venue.
Gold believes his club's bid is more beneficial for London as a whole as it will see the Upton Park area of the city regenerated.
"There are many reasons we have the edge," explained Gold. "Billions of pounds will be spent on regenerating Upton Park. Spurs can't do that.
"We are linking our bid with the community. We are linking it with Newham Council.
"You will see a fantastic Olympics in our borough and Newham Council have been hugely involved.
"We've linked up to put together a bid that's sustainable, proper and should be adopted."
Gold has also confirmed West Ham would not insist on the running track being removed upon the conclusion of the games.
The Hammers supremo is satisfied fans' views would not be impaired in any way and that similar setups have succeeded elsewhere.
"With the running track, I was worried when we first started negotiations, but there are a number of stadiums that have received acclaim that have a running track," he continued.
"Rome has one and Rustenburg in South Africa does too and that was considered the best stadium at the World Cup.
"The sight-lines of supporters will be as good as the Emirates and it's not beyond the wit of man to make some changes, where we can have temporary facilities on the running track, and they're removed for the athletics season, no problem.
"We are fully committed to honouring our commitment to the legacy by retaining the athletics facilities."
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