Significant segments of the road survive today: Naughton Brae (known locally as The Stoney) in the north of the village and the straight dirt path on the western edge of Dandies Wood in the south.

In the 13th century this road was used by the monks of Balmerino Abbey to transport stones from a quarry in Strathkinness that they were granted access to at some point between 1227 and 1250.

[13] According to Rev James Campbell, the sixteenth minister of Balmerino, Gallow Hill is likely the place where the Barony of Naughton were executed.

The vast majority of houses present in the village were built in the past two hundred years with the trade buildings historically clustered in the west end.

The parishioners in the village have historically attended the several parish churches that have existed in Balmerino, Kirkton, and Bottomcraig.

In 1830, the parish school located in Bottomcraig was relocated to Gauldry to a newly constructed building where it has since remained.

The first headteacher was Mr William Ballingall, a University of St Andrews alumnus who remained in this position for more than fifty years until his death in 1882.The Gauldry church was started during the Great Disruption of 1843 when a newly-formed congregation in connection with the Free Church of Scotland began to congregate in the building under the ministry of Andrew Melville.

[12] The congregation gathered in the church building on the Main Road which was a weaver's shop at the time.

The purchase was made possible by a donation from Mrs Morison-Duncan ― a wealthy Naughton resident and member of the congregation ― who offered to pay the costs as a gift to the church.

In the original construction, a movable slide in the main hall was present to allow the room to be partitioned.

[26] The legend states that in the end of the tenth century, during the period of Scandinavian conquest across parts of Scotland, Danes appeared in their ships in the River Tay.

After being defeated in battle further west at the village of Luncarty, one group of the retreating Vikings appeared near the western edge of Gauldry.

Here they engaged in battle with Pictish forces and, upon being defeated by the Picts, they are said to have retreated to their boats for refuge.

Mr Ballingall, who was an alumnus of the University of St Andrews and the recipient of many honorary awards from said institution, was described by Rev James Campbell as "a most successful teacher" who "excelled in the knowledge of mathematics".