Reviving Gold Standard Studied in Republican Platform

A Republican Party call to study whether to return the U.S. dollar to the gold standard drew skepticism from economists and industry experts.

The proposal is included in a draft platform to be submitted for approval to the Republican National Convention, which is scheduled to start Aug. 27 in Tampa, Florida. The draft calls for a commission to study “possible ways to set a fixed value for the dollar,” similar to one in the early 1980s that studied “the feasibility of a metallic basis for U.S. currency.”