Gold standard and gold currency are connected terms in the history of money (see Money, theory of), but with different definitions. A gold currency exists when the unit of currency in a country (e.g. pound or mark) is expressed as a fixed amount of gold. This can take two forms: circulating gold currency and gold exchange. In the first case, gold coinage (Coin) predominates as the main currency in circulation, which otherwise consists of silver token coinage (with l…