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Gold is trading at $59.75 per gram, so the 6-ounce gilding on the first-place medal is worth $358.50. Added to the $418 worth of silver underneath, an Olympic gold medal is worth $776.50.
Each medal weighed 455–529 g (16–19 oz), had a diameter of 85 mm (3.3 in) and was 9.2 mm (0.36 in) thick. [21] The gold medals were made with 98.8 percent silver and 1.13 percent gold, while the bronze medals were made up with copper, zinc, and tin. [22]
First place (the gold medal): It is composed at least 92.5% of silver, plated with 6 grams of gold; the metal value was about US$494 in 2010. [19] [20] At the 2020 Summer Olympics held in 2021 in Tokyo, Japan, the medal at then-current prices was worth about $800. [21]
Each gold medal is 92.5 percent silver and 1.34 percent gold, with the remainder copper. The silver medal is 92.5 percent silver, with the remainder copper. The bronze medal is made up of 97 percent copper, 2.5 percent zinc, and 0.5 per cent tin. [113]
With the current price of gold, this makes the top prize at most Olympic games worth only about $600, as compared to more than $20,000 for the solid gold medals of the past.
The dramatic and artful medal has the image of the Olympic torch, five Olympic rings and is engraved with the phrase "Paris 2024" on one side. ... The gold medal containing 6 grams of gold and ...
The last series of Olympic medals to be made of solid gold were awarded at the 1912 Summer Olympics in Stockholm, Sweden. Olympic gold medals are required to be made from at least 92.5% silver, and must contain a minimum of 6 grams of gold. [6] All Olympic medals must be at least 70mm in diameter and 3mm thick. [7]
These were the first Winter Olympic Games that featured gold coins. [5] Marja-Liisa Haemaelaeinen of Finland was the first woman to win three gold medals in cross country skiing. Katarina Witt won her first Olympic gold medal in Figure Skating , and figure skating duo Jayne Torvill and Christopher Dean won the Gold Medal, and performed to the ...