Polypyrrole is one of the most important conductive polymers because it is easily oxidized, water soluble and commercially available. Also, polypyrrole coatings have potential applications in batteries, fuel cells, electrochemical sensors, anti-corrosion coatings and drug delivery systems. In this study, a very thin gold layer was first coated on SS316L, and then a polypyrrole coating was laid on top. The nucleation and growth mechanisms of polypyrrole on the gold-coated SS316L were studied by electrochemical nucleation and growth techniques. SEM was used to characterize the polypyrrole coating morphology. Potentiodynamic tests were performed to determine the corrosion parameters of the polypyrrole coatings. Potentiostatic tests of the coated SS316L were conducted in simulated anode and cathode environments of a PEM fuel cell. The simulated anode environment was at a potential of about −0.1V versus SCE purged with H2 and the simulated cathode environment was at a potential of about 0.6V versus SCE purged with O2. After coating with Au and polypyrrole, the polarization resistance of SS316L is increased about six times, and the corrosion current density is decreased about seven times, compared to the base SS316L. Also, our calculations show that the metal ion concentration in solution for the polypyrrole/Au/SS316L had met the target of 10ppm after 5000h fuel cell operation.