The short answer is no. The long answer is as follows:
Any influx of new money will initially create some distortions in relative prices, so in theory, an influx of a large quantity of new money can give rise to bubbles, however, such bubbles are likely to be intratemporal in nature. ABCT is not a theory of intratemporal distortions, or a theory of just any bubbles.
ABCT is a theory of intertemporal distortion in the structure of production caused by a mismatch between the amount of loanable funds made available by the banking system and the amount of real savings. At the heart of the problem is the practice of maturity mismatching. Banks issue short term liabilities in order to invest in long term assets. Zero-term liabilities in the case of demand deposits.
The influx of new gold can be used in one of only three ways:
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The additional new gold would be spent on consumers goods.
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The new gold would be saved by holding it (hoarding)
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The new gold would be saved by making it available for investment.
Under a true gold standard, banks would not be able to inflate on top of any influx of new gold that may make its way into the banking system. The gold would be either held as demand deposits or made available to the bank for investment as time deposits. The crucial point to understand is that under no circumstances, can there arise a maturity mismatch under a true 100% gold standard. There can be no Austrian business cycle.