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“Presently, 1 gram of gold is valued at $74.94, while 1 gram of silver is priced at $0.73. Based on these prices, a gold medal is currently worth approximately $831.43.” ...
At 550 grams, that means a silver medal is worth $418. 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 ...
2021: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €17,000. Silver medalists received €13,000, bronze medalists received €11,000 each. 2024: As a reward for their achievements, the gold medal winners receive Philharmonic coins worth €20,000. Bronze medalists received €14,000 each. [5] [6]
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]
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.
Each medal is ordered to be uniquely designed and cast in gold by the United States Mint. Thus, there are significantly fewer gold medals than presidential medals. U.S. citizenship is not a requirement. As of November 29, 2023, 184 people, events, or institutions have been awarded a Congressional Gold Medal. [4]
As the Tokyo Games begins, you may be wondering how much each medal is worth. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways ...
During the 2008 Summer Olympics, with China and the U.S. topping the gold and total medal tallies respectively, [23] and then again at the 2010 Winter Olympics when Canada and the U.S. finished 1st and 3rd respectively in the "gold first" ranking, [24] and 3rd and 1st respectively in terms of total medals won. [25]