Applicant discloses multifunctional, highly active oxidation catalysts and methods of making such catalysts. Such methods include providing nanoparticles comprising titanium-oxo and zinc-oxo compositions, such as crystalline anatase titania nanoparticles with zinc-oxo domains on their surfaces, and etching the nanoparticles. The method also includes depositing catalytically active gold onto the nanoparticles, by, for example, physical vapor deposition.