Allow Gold & Silver to be legal tender/currency in the UK

Amend Article 2 of 'The Exchange Control (Gold and Foreign Currency) (Exemption) Order 1979' to remove the prohibition of using gold and silver as payment for products/services; as well as any other corresponding legislations that go against this request.

This petition was rejected on 27th Mar 2024 as the proposed action is already occurring

The Petition Committee commented:
Gold and silver can already be used for transactions, and the Exchange Control (Gold and Foreign Currency) (Exemption) Order 1979 does not prohibit this. It is up to individual businesses whether to accept gold and silver for transactions.

Reticulating Splines

You may be interested in these active petitions

1. Allow license holders to drive motorhomes up to 4250kg on UK Category B License - 9,685 signatures
2. Allow UK Hospitality Businesses to Reclaim 10% Food Costs Against quarterly VAT - 3,748 signatures
3. Protect the Function of the Architect in UK Law - 3,152 signatures
4. Apply to Rejoin the EU as soon as possible to increase growth in the UK - 32,907 signatures
5. Allow radio operators to install antennas & masts without planning permission - 2,845 signatures
Official Petition Site

The reintroduction of gold and silver as legal tender/currency will assist in combating inflation as it will maintain a consistent value year on year. It will also help boost trading with other countries, increasing the UK's rate of development. Additionally, it will allow the circulation of money to flow through the economy which will greatly aid in reducing homelessness, unemployment rates, crime and many other detrimental factors affecting the UK.