The value of the dollar naturally varied from its gold parity.

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Lehrman also adds a rather detailed program to find an appropriate new gold parity for the dollar, and also for other currencies that would join the new world gold standard around the same time.

FORBES: My Thoughts On Lewis Lehrman's Gold Standard

But at the moment, with the fear factor, we have this parity between gold and platinum.

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If the central banks were properly calibrating liquidity to maintain parity between the statutory gold price and the market gold price of the dollar and euro, then the trade at the gold windows would remain inert.

FORBES: Magazine Article

For some reason, the question of what price or parity at which to reinstate a gold standard system inspires people to new heights of creativity and innovation.

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However, a gold standard system can make available any amount of currency, as is appropriate given economic needs and the fixed parity value.

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