There is an error in
com_gantry\admin\elements\fonts.php
class JElementFonts extends JElement {
var $_google_fonts = array('Cantarell','Cardo','Crimson','Droid Sans','Droid Sans Mono','Droid Serif', 'IM Fell', 'Inconsolata','Josefin Sans Std Light','Lobster','Molengo','Nobile','OFL Sorts Mill Goudy TT', 'OFL Standard TT','Reenie Beanie','Tangerine','Vollkorn','Yanone Kaffeesatz');
The name of Google Font 'OFL Standard TT' should actually be 'Old Standard TT' without which it does not load the correct font but loads default font.
Here are the corrected files with addition of the new Google Fonts too.
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Just replace your current files in their respective directories.
List if New Fonts added:
Arvo
Neuton
Cuprum
Philosopher
Tinos
Arimo
Josefin Slab
Cousine
Requesting Gantry Team for a correction in next releases of Gantry.