We (Mutt and I - friend of mine who I played FF7 with on my first time through) named our first golden choco "Goldy", and our first black one was "Blackie"
I had a funny scheme for naming chocobos. I named them from the greek alphabet (Alpha, Beta, Gamma, etc). I gave the gold one Omega, though he deserved better, Gyahahaha.
No, the Sage doesn't have one. Refer to the "Master's Walkthrough" in the link in my Sig, it will tell you how to breed a Gold Chocobo (note there are no spoilers in it, at least there shouldn't be).
I even had a bunch of compliments on it, several years after I disbanded the site even! (people still found my guide on the net and really appreciated it! )
As an additional question: How did you name your FF8 Chicobo, and did you give Griever a different name or not?