Using a combination of classical and ab-initio molecular dynamics simulations, we calculate the structure and the electrical conductivity of warm dense gold during the first picoseconds after a short-pulse laser illumination. We find that the ions remain in their initial fcc structure for several picoseconds, despite electron temperatures ranging from a few to several eV after the laser illumination. The electrical conductivities calculated under these nonequilibrium conditions and using the latter assumption are in remarkable agreement with recent measurements using a short-pulse laser interacting with gold thin films.