are any countries still on the gold standard 
currently no country uses the gold standard countries have abandoned the gold standard for fiat money countries however do still maintain gold reserves the bottom linethe gold standard is a fixed currency system in which a government s currency is fixed to the value of gold this stands in contrast to currency systems that use fiat money money issued by a government that is not tied to a commodity the gold standard was used much throughout history in ancient civilizations as well as in modern nations the united states used the gold standard but eventually stopped in the 1970s and is now a fiat money based monetary system 