Palworld is an open world game in which you can capture Pals and make them do whatever you want. Use them in battle, ride them across the skies or make them do your labor, it is all up to you! You can find the game (Early Access version) on Steam and Xbox consoles.
Gold and Dog Coins are two of the in-game currencies through which you can get a lot of different stuff from merchants. This guide shows you the Junk Pile farming method through which you can easily amass a lot of Gold and Dog Coins.
Junk Pile Farming Guide
Junk Pile is a renewable collectible which is scattered around the world of Palworld. Collecting a Junk Pile gives you Gold, Dog Coins, Spheres, Ammo, etc. Once you collect a Junk Pile, it will respawn in that location after 300 minutes.
Best Method to farm Junk Piles
In the latest update, the Sakurajima island was added to the game. And it has one of the highest counts of Junk Piles (in a small area) making it the best Junk Pile farming area. In the image below, you will find the locations of all the Junk Piles of Sakurajima island:

To effectively farm Junk Piles, you need to get a flying Pal that you can ride. Once you have that, just go around the island and start collecting the Junk Piles one by one. It should take you about 15 minutes to get all of them. This should net you something around 140K+ Gold (after selling the Spheres, etc.) and 300+ Dog Coins.
Once 300 minutes are passed, you can go back and farm them again. If you keep doing this, you will not have to worry about Gold or Dog Coins again.

I hope you found this guide helpful! If you want to increase your Pal catching rate then you should farm Lifmunk Effigy. And for that we have a guide available in which I explain the best method of farming Lifmunk Effigy.

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