Hugo,
I use "gauge" in U.S. English all the time. If you go to any railroading site (including model railroading), you will find only that spelling used to mean the distance between the two rails. Granted, that's a noun and not a verb, but it's the same general sense of the word.
I've never seen any form of this word used to mean a valuable deposited as a guarantee, but that may be because depositing valuables as guarantees isn't a big part of my world. The only place I recall encountering the spelling "gage" is in the name of a fruit, the gage (or greengage) plum. Google tells me it was named for Sir William Gage, who first brought them to England in the 18th century.
In return for this valuable information, please dust off your Dixonary hat and send me a fake definition of "kilderkin" in the next two hours! :)
Efrem
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