[PepeGomez]

Indeed, but they are still representations of gold and are for all legal purposes equivalent to gold. When you convert them to gold, you don't spend money on gold, since they are one and the same and you can convert the gold back at any time. It's technically not different from changing banknotes to coins or wwithdrawing cash from your bank account.

I don't see why you think that the link is relevant. It would apply if there were gold and silver standards simultaneously, for example, but that's not what is being discussed.