What country has it's currency backed by gold or hard assets?

Question

What country has it's currency backed by gold or hard assets?

Answer 1

Switzerland.

Answer 2

There are none. No currency in the world, including Switzerland, is backed by gold or precious metals any more. The US dollar went off the gold standard in 1934.

The Swiss franc was the last currency to sever the link with gold, as of 1 May 2000.

http://en.wikipedia.org/wiki/Swiss_franc

Answer 3

Actually I think most countries or at least those that trade internationally, have gold reserves to back their currency,  I know the US does, ever heard of Fort Knox or the Federal Reserve? I believe there is a large gold depository in New York where a lot of countries' gold reserves are stored, and is moved from one "locker" to another as countries trade with each other, that's a simplified explanation, of course. Hope this helps.  

Answer 4

I don't think any country does now.