The 1995 Cheltenham Gold Cup was a horse race which took place at Cheltenham on Thursday March 16, 1995. It was the 68th running of the Cheltenham Gold Cup, and it was won by the pre-race favourite Master Oats. The winner was ridden by Norman Williamson and trained by Kim Bailey. Williamson and Bailey were the first jockey-trainer partnership to win both the Gold Cup and the Champion Hurdle in the same year since 1950, having won the latter race two days earlier with Alderbrook.