How much is a Olympic gold medal actually worth?

According to the International Olympic Committee, gold medals are required to be at least 92.5% silver and are plated with about 6 grams of pure gold.

AP
Although the medals carry sentimental value, athletes through the years have sold their medals, citing financial hardship or to raise money for charities.
The medal counts are ticking up, with dozens of golds awarded so far to countries including Slovenia, New Zealand, Germany and China.

But how much is a gold medal worth?

According to the International Olympic Committee, gold medals are required to be at least 92.5% silver and are plated with about 6 grams of pure gold.

A spokesperson from the Beijing 2022 committee confirmed that this year’s gold medal follows those regulations. That works out to be $758 worth of gold and silver in those medals, according to Philip Newman, a founding partner and managing director of Metals Focus, a London-based research firm.


At last year’s Tokyo Games, the gold medals, which again were predominantly silver with about 6 grams of pure gold, were worth about $800 in gold and silver.

Although the medals carry sentimental value, athletes through the years have sold their medals, citing financial hardship or to raise money for charities.
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