Palomino is primarily a color of horse: A gold coat with a white mane and tail. As long as they feature the rich golden coloration, no matter their base breed, they can be considered a Palomino. However, if you wish to register your Palomino with a Palomino Horse Breeders of America, you must meet stricter guidelines. The horse must be of light-riding type in addition to featured the characteristic color.